Collaboration Without Risk How The Most Innovative Smes Protect Critical Knowledge In Joint Innovation Activities With Partners
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Collaboration Without Risk: How the Most Innovative SMEs Protect Critical Knowledge in Joint Innovation Activities with Partners
Author: Karl Tschetschonig
language: en
Publisher: Anchor Academic Publishing (aap_verlag)
Release Date: 2014
For small firms, knowledge leakage, loss and theft are counted among the greatest risks in inter-firm collaborations. SMEs are more vulnerable, because they suffer from a number of structural disadvantages when collaborating with larger companies, and yet, they need to collaborate with external partners to overcome their lack of resources.Therefore, this study investigates how SMEs can most effectively protect critical knowledge in collaborations with external partners, for that they can prevent knowledge loss, leakage and theft, while maximizing the performance of the collaboration.This book derives valuable insights for practice and theory through a comprehensive review of existing literature and a collection and analysis of experiences from Germany’s most innovative and successful SMEs.
How Smes Protect Critical Knowledge in Joint Innovation Activities with External Partners
Master's Thesis from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: Sehr gut, Vienna University of Economics and Business (Entrepreneurship & Innovation), language: English, abstract: For small firms, knowledge leakage, loss and theft are counted among the greatest risks in inter-firm collaborations. SMEs are more vulnerable, because they suffer from a number of structural disadvantages when collaborating with larger companies, and yet, they need to collaborate with external partners to overcome their lack of resources. Therefore, this study investigates how SMEs can most effectively protect critical knowledge in collaborations with external partners, for that they can prevent knowledge loss, leakage and theft, while maximizing the performance of the collaboration. Based on a comprehensive review of existing literature, and a qualitative multiple-case study evaluation, where highly innovative and successful SMEs in Germany contributed their experiences, I have derived valuable insights for practice and theory. Overall, the most commonly used means of protecting critical knowledge were secrecy, patents, the systematic selection of partners, and contracts. Despite the importance given to these mechanisms, not all of them proved to be effective. In fact, trust, secrecy and the systematic selection of partners were considered to be most effective, while initial secrecy and patents were concluded to overprotect knowledge, thus, limiting the possible overall innovative performance. Complementary assets, rotating personnel, oligopolistic market structures, equity relationships, technical means of protection, and employee contracts were found to be entirely ineffective for SMEs. When analyzing the relations of protection mechanisms, a significant correlation between the type of protection and the openness to external innovation emerged: companies, which used initial secrecy and patents to protect knowledge, did
Integral Innovation
Technology plays a critical role in transforming societies and economies through enhancing efficiency, connectivity and access to resources and services. The challenge remains how to harness technologies to achieve sustainable development without causing harm to human and natural capitals. Professor Odeh Rashed Al-Jayyousi argues that science, technology and innovation (STI) are underpinned by social choices and, hence, a transition to a sustainable green economy is defined by individuals’ and institutions’ decisions on how to use and apply these STI developments. It is, therefore, important to examine closely the ways in which social institutions and processes in the “integral worlds” (the different perspectives of reality) shape the priorities of technologies and the conditions under which their potential benefits can be reaped. He states that in order for technological innovation to provide a guarantee of sustainable economic development, it is necessary that a transfer of technology to developing countries becomes a basic principle of national development policies, and that they, in turn, are open to adopting an explicit long-term application of technological innovation. Integral Innovation: New Worldviews presents a conceptual framework for the evolution of technology and innovation from a historical and cultural perspective. It provides an analysis of the role of innovation and technology in sustainable development and introduces a number of international case studies, which shed light on the social learning processes for knowledge co-creation and innovation culture. It is essential reading for those interested in innovation and technology management.