Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
September 10, 2025Industrial Management & Data Systems

Innovation effects of Industry 4.0 and inbound open innovation: individual and synergistic effects

View Full Paper
Ask AI
Bookmark
Share

Authors

SPSaša PetkovićDRDragana Radičić

Discussion

Loading...

Member takes

Overview

Econometric analysis reveals digitalization and inbound open innovation impact product and process innovation in German firms, indicating a need for differentiated strategies.

Key Points

  • AI positively impacts product innovation, while big data analytics increases process innovation likelihood.
  • The breadth of knowledge search does not yield synergistic effects with AI but weakens BDA's impact on process innovation.
  • Empirical findings were derived from the Mannheim Innovation Panel dataset spanning 2016 to 2018.
  • The study provides insights for both manufacturing and service sectors, highlighting varying effects of digitalization.

Cite This Study

Petković et al. (2025) studied this question.

synapsesocial.com/papers/68c1a40254b1d3bfb60de489https://doi.org/10.1108/imds-11-2024-1077
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The Impact of AI Technology on Firms Service Innovation in Business2025
  2. 2What “V” of the big data influence SMEs' open innovation breadth and depth? An empirical analysis2024 · 11 citations
  3. 3The innovation payoff of AI in production: evidence from German manufacturing2026
  4. 4Examining the interdependent role of digitalization and external search breadth in driving service innovation in SMEs2025
  5. 5Digital Industry Agglomeration and Firm Innovation: Theory and Evidence2025