Title |
Peer innovation as an open innovation strategy for balancing competition and collaboration among technology start-ups in an innovation ecosystem |
ID_Doc |
29317 |
Authors |
Primario, S; Rippa, P; Secundo, G |
Title |
Peer innovation as an open innovation strategy for balancing competition and collaboration among technology start-ups in an innovation ecosystem |
Year |
2024 |
Published |
Journal Of Innovation & Knowledge, 9.0, 2 |
DOI |
10.1016/j.jik.2024.100473 |
Abstract |
Start-ups, as small, new companies, suffer from liabilities of size and lack of experience when entering market competition. Research has suggested that relationships with other organisations might be a solution to balance such liabilities. While several studies underline the importance of relationships between start-ups and large organisations within an Innovation ecosystem, few still analyse the relevance of coopetitive relationships among start-ups. Coopetitive relationships describe "hybrid activity" of simultaneous cooperation and competition among firms while focusing on value creation within an innovation ecosystem. Moving from a case study review, we analyse how start-ups manage the balance between cooperation and competition among peers when belonging to an innovation ecosystem. We call this peer innovation. Our findings propose a framework for evidence about innovative start-ups' primary motivations, managerial mechanisms, and peer innovation strategy practices. Implications for theory define a novel paradigm that start-ups establish to cooperate and compete at the same time while being part of an incubator. (c) 2024 The Authors. Published by Elsevier Espa & ntilde;a, S.L.U. on behalf of Journal of Innovation & Knowledge. This is an open access article under the CC BY -NC -ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
Author Keywords |
Innovation ecosystem; Peer innovation; Open innovation; Coopetition Strategy; Cooperation; Start-ups; Introduction |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Social Science Citation Index (SSCI) |
EID |
WOS:001208445100001 |
WoS Category |
Business; Management |
Research Area |
Business & Economics |
PDF |
https://doi.org/10.1016/j.jik.2024.100473
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