InSITE2013: Abstract

Title Challenges in Adopting Open Innovation Strategies in SMEs:

An Exploratory Study in Portugal

 

Researches indicate that adoption of open innovation strategies in the entrepreneurships offers a

promising way to face the ever increasing challenges due to globalization of entrepreneurships.

However, in spite of abundance of researches, practices and case studies on adoption of open innovation

strategies in relatively larger firms or corporate houses, studies are rare in the other sector

of the entrepreneurships, which is popularly known as the small and medium scale enterprises

(SMEs). This study has tried to find out the parameters of challenges that are being faced by the

SMEs. A questionnaire has been placed on the Surveymonkey and a few selected companies were

approached to participate in the web based survey. Due to the limitation of finding a larger contact

list, this paper discusses about the findings of the completed survey, which is being termed as

the pilot one. The findings are being discussed within the texts and it is expected that a new survey

will start soon with a list containing larger number of companies.

 

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