Does the impact of open innovation depend on contextual factors? A case of the Korean biopharmaceutical industry.

ABSTRACT: Investments in the strategic development of the biopharmaceutical industry are increasing in both developed and developing countries. The biopharmaceutical industry is a technology-intensive industry where securing original technology and intellectual property rights is important. The role of open innovation is becoming more important due to the enormous research and development (R&D) funds and long development period in the early development process, and open innovation (OI) is becoming more important in the corporate world. Many empirical studies have been conducted on the impact on performance. However, the contextual factors that affect the relationship between OI activities and innovation performance have received relatively little attention, and studies from the perspective of develo

SUBMITTER: Wang H 

PROVIDER: S-EPMC11575768 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature