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🎧✨ Welcome to “Revise and Resubmit” and episode "Weekend Classics"—your backstage pass to the world’s most riveting research! ✨🎧

Today, we crack open the vaults of knowledge from none other than the prestigious Strategic Management Journal, crown jewel of the FT50 list—a name that sparkles in the galaxy of academic excellence! 🌟📚

This episode dives deep—think bungee-jumping-into-the-unknown deep—into the paper: “Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms” by the brilliant minds of Keld Laursen and Ammon Salter. Published by the renowned John Wiley & Sons, Ltd., this research doesn’t just knock on the door of discovery... it rips that door off its hinges! 🔍🚪

Ever wondered how manufacturing firms cook up their best ideas?🤔 Laursen and Salter show us that some firms don’t confine their search for innovation to their own backyards—they fling their nets wide, drawing knowledge from a wild variety of external sources. But here’s the twist: there’s a sweet spot! Too much openness and you risk getting lost in the crowd. Too little, and you might dry up. It’s an “inverted U-shape” dance between searching far and wide (breadth) and digging deep (depth), each fueling different types of innovation—radical and incremental. And surprise: chasing every shiny new outside idea can sometimes clash with your own R&D efforts. 🛠️💡

So, here’s the question to set your mental gears whirring: What’s the magic formula for openness—how wide would YOU cast your innovation net before it starts dragging you down? 🤔🕸️

Massive thanks to Keld Laursen, Ammon Salter, and John Wiley & Sons for letting us peek behind the curtain of world-class research. Don’t forget, the Strategic Management Journal is no ordinary publication—it’s FT50, people! 🎓🏆

🚀 Hit subscribe to “Revise and Resubmit” on Spotify, catch all the weekend wisdom on our YouTube channel “Weekend Researcher”, and find us on Amazon Prime and Apple Podcast. Stay curious, stay critical, and never stop revising! 💬🔔

Reference

Laursen, K., & Salter, A. (2006). Open for innovation: the role of openness in explaining innovation performance among UK manufacturing firms. Strategic management journal, 27(2), 131-150. https://doi.org/10.1002/smj.507

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