Innovation is widely recognized as a key factor in the competitiveness of nations and firms. Small firms that do not embrace innovation within their core business strategy run the risk of becoming uncompetitive because of obsolete products and processes. Innovative firms are a perquisite for a...

Open innovation has an important impact on the innovative activity and competitiveness of SMEs. Moreover, it is a topic of interest for academics and practitioners. This study analyzes, in the context of SMEs, how absorptive capacity can favor incoming and outgoing open innovation practices, the...