Shifting sands: regional perspectives on the role of social capital in supporting open innovation through knowledge transfer and exchange with small and medium-sized enterprises

Antonio Padilla-Meléndez, Ana Rosa Del Aguila-Obra, Nigel Lockett

Research output: Contribution to journalArticle

20 Citations (Scopus)

Abstract

This article explores the role of social capital in enabling knowledge transfer and exchange (KTE) between higher education institutions (HEIs) and spin-off (academic and non-academic) small and medium-sized enterprises in the context of open innovation, in order to convert knowledge into innovation within regional innovation systems. It presents the findings from 18 in-depth interviews with related stakeholders, and social network analysis of relationships in an exemplar technology park in Andalucía, southern Spain. The main findings suggest that there are many challenges to achieving successful KTE in regional innovation systems: recognition, intellectual property contracts and timescales. Similarly, there are opportunities related to intermediaries, joint teams and market impact. Significantly, the study highlights the importance of both formal and informal relationships as enablers of successful KTE involving HEIs and spin-off small and medium-sized enterprises in the context of open innovation.
Original languageEnglish
Pages (from-to)296-318
Number of pages23
JournalInternational Small Business Journal
Volume31
Issue number3
DOIs
Publication statusPublished - 1 May 2013

Keywords

  • academic entrepreneurship
  • spin-off SMEs
  • social capital
  • open innovation
  • knowledge transfer and exchange (KTE)

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