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Business Commons

Open Access. Powered by Scholars. Published by Universities.®

Business Administration, Management, and Operations

Electronic Theses and Dissertations

2023

Knowledge spillovers

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You Have To Play To Win: Value Capture In Open Innovation, John T. Pritchard Nov 2023

You Have To Play To Win: Value Capture In Open Innovation, John T. Pritchard

Electronic Theses and Dissertations

Despite the extensive research on open innovation, debate remains on the relationship between open innovation and firm performance. No consensus exists on the measures of performance and the mechanisms that enable value capture remain largely unexplored. This dissertation addresses these issues in two parts. First, a theoretical model based on knowledge flows is introduced. Knowledge is at the heart of open innovation and this dissertation examines the role that external and internal knowledge play in firm performance outcomes. It integrates the dynamic capability view and open innovation literature to build a framework and set of arguments on how knowledge is …