@article {675,
	title = {Open Innovation at the Root of Entrepreneurial Strategy: A Case from the Norwegian Oil Industry},
	journal = {Technology Innovation Management Review},
	volume = {3},
	year = {2013},
	month = {04/2013},
	pages = {17-22},
	publisher = {Talent First Network},
	address = {Ottawa},
	abstract = {This article aims to extend the discussion about entrepreneurial strategies of small and medium-sized enterprises (SMEs) by including the concept of open innovation. How can SMEs overcome the challenges of resource scarcity and harsh competition? How they can gain competitive advantage in today{\textquoteright}s ever-changing business environment? The answer to both of these questions might be through open innovation: collaborating with researchers, customers, suppliers {\textendash} even competitors {\textendash} as well as research institutions and universities. 

A common barrier to open innovation in an SME is the perception that it will be too time consuming to gain access to a knowledge base of external knowledge providers and link to {\textquotedblleft}gatekeepers{\textquotedblright} of knowledge. However, an entrepreneurial mindset might help SMEs to move toward an open-innovation approach, where more codified and transferrable knowledge are important. This article discusses the implications of an entrepreneurial focus for open-innovation activities. The usefulness of the open-innovation principles are highlighted through a case study of an Norwegian SME operating in the maritime-oil industry. },
	keywords = {entrepreneurial orientation, entrepreneurial strategies, Open innovation, SMEs},
	issn = {1927-0321},
	doi = {http://doi.org/10.22215/timreview/675},
	url = {http://timreview.ca/article/675},
	author = {Tatiana Iakovleva}
}
