The impact of open innovation, knowledge transfer from universities and coaching on SMEs | The Oxford Review

The impact of open innovation, knowledge transfer from universities and coaching on SMEs

Research Briefing

Keywords: open innovation, knowledge management, knowledge transfer, coaching, university, university knowledge transfer, SME, small and medium enterprises, learning, organisational learning, performance enhancement, evidence based practice

A wide range of previous studies have identified the benefits that accrue to organisations from collaborating with universities and, in particular, gaining access to knowledge generated through scientific research. Research backed evidence-based practice within organisations has been shown to:

  • increase organisational efficiency and effectiveness
  • improve organisational decision-making
  • increase organisational innovation capacity
  • improving organisational problem-solving capability

for example.

Organisations which embrace inbound open innovation have been shown to benefit significantly from the stance as long as they have robust knowledge management processes and a learning orientation across the organisation and, in particular, at leadership management levels.

Open innovation

Open innovation refers to the process of using deliberate inflows and outflows of information and knowledge to enhance and accelerate internal innovation. Open innovation organisations can be compared to closed innovation organisations who rely entirely on internal processes and mechanisms for innovation.

In reality, many organisations are a mixture of both, although few have deliberated and purposeful policies, systems and structures for capitalising on in and outbound knowledge flows.
The researchers wanted to know whether a programme of training and coaching can improve the open innovation capability, knowledge management capability and knowledge transfer capabilities of SMEs, and whether any improvement in these has an impact on the organisation’s:

  1. level of innovation
  2. growth
  3. output effectiveness or organisational performance

This research briefing will be of interest to anyone involved in innovation, developing innovation capability, R&D or coaching.

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Disclaimer: This is a research review, expert interpretation and briefing. As such it contains other studies, expert comment and practitioner advice. It is not a copy of the original study – which is referenced. The original study should be consulted and referenced in all cases. This research briefing is for informational and educational purposes only. We do not accept any liability for the use to which this review and briefing is put or for it or the research accuracy, reliability or validity. This briefing as an original work in its own right and is copyright © Oxford Review Enterprises Ltd 2016-2019. Any use made of this briefing is entirely at your own risk.

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