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

Valdez-Juárez L.E.; Castillo-Vergara M.

Keywords: smes, open innovation, technological capabilities, Eco-innovation


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.

Más información

Título de la Revista: J. Open Innov. Technol. Mark. Complex
Volumen: 7
Número: 8
Editorial: MDPI Open Access Publishing
Fecha de publicación: 2021
Página de inicio: 1
Página final: 19
Idioma: Inglés
Financiamiento/Sponsor: funding for development and publication by the Program for Strengthening Educational Quality (PFCE, 2020) of the Secretariat of Public Education of Mexico, and PROFAPI (2020_0010), ITSON Research Institutional Strengthening Program.

Notas: Scopus