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Towards an insight into the adoption of open innovation by SMEs in Vietnam

Do Phuong Thanh, Le Ha Anh, Pham Nguyen Ngan Ha, Tran Le Chau, Le Tien Dat, Tran Thi Bich Hanh

Annals of Computer Science and Information Systems

2022

Vol. 34

99--105

This study aims to identify the influential factors of OI adoption by SMEs in Vietnam, in order to provide useful theoretical and practical recommendations for SMEs to adopt OI effectively. Based on a survey of 56 Vietnamese SMEs, this study identified two drivers including improving capability and expanding network orientation, and four main barriers, including knowledge, collaboration, organisation, and financial strategy. Notably, the study found that collaboration barriers and network expansion orientation are factors that vastly impact the adoption of OI.