Open Access
Open access
MDPI
Journal of Open Innovation: Technology, Market, and Complexity
,  volume 7 ,  issue 1 ,  pages 8

Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs

Publication type: Journal Article
Publication date: 2020-12-30
MDPI
scimago Q1
SJR: 1.215
CiteScore: 14.0
Impact factor: —
ISSN: 21998531
Sociology and Political Science
General Economics, Econometrics and Finance
Development
Abstract

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.

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GOST |
Cite this
GOST Copy
Valdez-Juárez L. E., Castillo-Vergara M. Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs // Journal of Open Innovation: Technology, Market, and Complexity. 2020. Vol. 7. No. 1. p. 8.
GOST all authors (up to 50) Copy
Valdez-Juárez L. E., Castillo-Vergara M. Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs // Journal of Open Innovation: Technology, Market, and Complexity. 2020. Vol. 7. No. 1. p. 8.
RIS |
Cite this
RIS Copy
TY - JOUR
DO - 10.3390/joitmc7010008
UR - https://doi.org/10.3390/joitmc7010008
TI - Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs
T2 - Journal of Open Innovation: Technology, Market, and Complexity
AU - Valdez-Juárez, Luis Enrique
AU - Castillo-Vergara, Mauricio
PY - 2020
DA - 2020/12/30
PB - MDPI
SP - 8
IS - 1
VL - 7
SN - 2199-8531
ER -
BibTex |
Cite this
BibTex (up to 50 authors) Copy
@article{2020_Valdez-Juárez,
author = {Luis Enrique Valdez-Juárez and Mauricio Castillo-Vergara},
title = {Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs},
journal = {Journal of Open Innovation: Technology, Market, and Complexity},
year = {2020},
volume = {7},
publisher = {MDPI},
month = {dec},
url = {https://doi.org/10.3390/joitmc7010008},
number = {1},
pages = {8},
doi = {10.3390/joitmc7010008}
}
MLA
Cite this
MLA Copy
Valdez-Juárez, Luis Enrique, and Mauricio Castillo-Vergara. “Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs.” Journal of Open Innovation: Technology, Market, and Complexity, vol. 7, no. 1, Dec. 2020, p. 8. https://doi.org/10.3390/joitmc7010008.