We review the literature on open innovation in the context of SMEs and specifically focus on the relevance of this innovation paradigm for the family firms among these businesses. We explore the potential benefits of opening up the innovation process, as well as inhibiting factors identified in the literature. Moreover, we delineate potential areas for future family business research.
|Title of host publication||The Routledge Companion to Family Business|
|Editors||Franz Kellermanns, Frank Hoy|
|Publication status||Published - 2017|
Brinkerink, J., van Gils, A., Bammens, Y., & Carree, M. (2017). Open innovation: A literature review and recommendations for family business research. In F. Kellermanns, & F. Hoy (Eds.), The Routledge Companion to Family Business (pp. 241-266). Routlegde.