Technological capabilities, open innovation, and eco-innovation: Dynamic capabilities to increase corporate performance of SMEs

Artikel

Currently, small and medium enterprises (SMEs) play a leading role in most of the world's economies. For this reason, they seek technological competitiveness and improvement of their innovation activities. In this context, open innovation and eco-innovation are important elements to achieve these goals. With this background, the purpose of this paper is to analyze the relationship between technological capability, open innovation, and eco-innovation in corporate performance, testing a structural equation model using SmartPLS in a sample of 684 small and medium-sized companies in Mexico. The main results show that technological capability significantly influences open innovation and eco-innovation practices, not directly in corporate performance, but through open innovation or eco-innovation. Our results also confirm the positive effects that eco-innovation and open innovation have on SMEs' corporate performance. These results have important implications in the literature on dynamic capabilities that have not been previously tested. For companies and decision-makers, it shows why these practices in small and medium-sized companies should be encouraged.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Journal of Open Innovation: Technology, Market, and Complexity ; ISSN: 2199-8531 ; Volume: 7 ; Year: 2021 ; Issue: 1 ; Pages: 1-19 ; Basel: MDPI

Classification and Topics

• Classification: Management
• Subject: open innovation ; eco-innovation ; SMEs ; technological capabilities

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Valdez-Juárez, Luis Enrique ; Castillo-Vergara, Mauricio
• Event: Veröffentlichung
• (who): MDPI
• (where): Basel
• (when): 2021

Further information

• DOI: doi:10.3390/joitmc7010008
• Handle: http://hdl.handle.net/10419/241593
• Last update: 10.03.2025, 11:41 AM CET