Open innovation and innovation 'Radicalness': the moderating effect of network embeddedness

摘要

This study aims at developing a better understanding of the relationship between open innovation and innovation radicalness and further examines the moderating effect of network embeddedness. The paper collects patent data from four emerging industries, 3D printing, augmented reality and virtual reality, hybrid electric vehicles, and unmanned aerial vehicles, to validate the theoretical model. The results show that open innovation exerts positive effects on innovation radicalness depending on the breadth and depth of openness. Furthermore, network centrality plays a negative moderating role in the relationship between open innovation and innovation radicalness whereas network reach positively moderates the relationship. This study provides a valuable theoretical framework of innovation radicalness determinants by connecting open innovation theory with a network embeddedness perspective. The findings presented in the paper provide practical implications for firms in emerging industries to implement effective open innovation strategies and develop a better understanding of the effect of network embeddedness on innovation radicalness.