{"id":"https://openalex.org/W2903229720","doi":"https://doi.org/10.1080/09537325.2018.1554205","title":"Can open innovation improve firm performance? An investigation of financial information in the biopharmaceutical industry","display_name":"Can open innovation improve firm performance? An investigation of financial information in the biopharmaceutical industry","publication_year":2018,"publication_date":"2018-12-04","ids":{"openalex":"https://openalex.org/W2903229720","doi":"https://doi.org/10.1080/09537325.2018.1554205","mag":"2903229720"},"language":"en","primary_location":{"id":"doi:10.1080/09537325.2018.1554205","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2018.1554205","pdf_url":null,"source":{"id":"https://openalex.org/S130699561","display_name":"Technology Analysis and Strategic Management","issn_l":"0953-7325","issn":["0953-7325","1465-3990"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis & Strategic Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5023053860","display_name":"Lihua Fu","orcid":"https://orcid.org/0000-0001-9772-4774"},"institutions":[{"id":"https://openalex.org/I126520041","display_name":"University of Science and Technology of China","ror":"https://ror.org/04c4dkn09","country_code":"CN","type":"education","lineage":["https://openalex.org/I126520041","https://openalex.org/I19820366"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Lihua Fu","raw_affiliation_strings":["School of Management, University of Science and Technology of China, Hefei, People\u2019s Republic of China","School of Management, University of Science and Technology of China, Hefei, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management, University of Science and Technology of China, Hefei, People\u2019s Republic of China","institution_ids":["https://openalex.org/I126520041"]},{"raw_affiliation_string":"School of Management, University of Science and Technology of China, Hefei, People's Republic of China","institution_ids":["https://openalex.org/I126520041"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100744820","display_name":"Zhiying Liu","orcid":"https://orcid.org/0009-0001-5803-5906"},"institutions":[{"id":"https://openalex.org/I126520041","display_name":"University of Science and Technology of China","ror":"https://ror.org/04c4dkn09","country_code":"CN","type":"education","lineage":["https://openalex.org/I126520041","https://openalex.org/I19820366"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Zhiying Liu","raw_affiliation_strings":["School of Management, University of Science and Technology of China, Hefei, People\u2019s Republic of China","School of Management, University of Science and Technology of China, Hefei, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management, University of Science and Technology of China, Hefei, People\u2019s Republic of China","institution_ids":["https://openalex.org/I126520041"]},{"raw_affiliation_string":"School of Management, University of Science and Technology of China, Hefei, People's Republic of China","institution_ids":["https://openalex.org/I126520041"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5102360928","display_name":"Zhangqing Zhou","orcid":"https://orcid.org/0009-0005-8274-7136"},"institutions":[{"id":"https://openalex.org/I126520041","display_name":"University of Science and Technology of China","ror":"https://ror.org/04c4dkn09","country_code":"CN","type":"education","lineage":["https://openalex.org/I126520041","https://openalex.org/I19820366"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zhangqing Zhou","raw_affiliation_strings":["School of Management, University of Science and Technology of China, Hefei, People\u2019s Republic of China","School of Management, University of Science and Technology of China, Hefei, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management, University of Science and Technology of China, Hefei, People\u2019s Republic of China","institution_ids":["https://openalex.org/I126520041"]},{"raw_affiliation_string":"School of Management, University of Science and Technology of China, Hefei, People's Republic of China","institution_ids":["https://openalex.org/I126520041"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5100744820"],"corresponding_institution_ids":["https://openalex.org/I126520041"],"apc_list":null,"apc_paid":null,"fwci":4.6752,"has_fulltext":false,"cited_by_count":48,"citation_normalized_percentile":{"value":0.94750706,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"31","issue":"7","first_page":"776","last_page":"790"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10058","display_name":"Entrepreneurship Studies and Influences","score":0.988099992275238,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10058","display_name":"Entrepreneurship Studies and Influences","score":0.988099992275238,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.9871000051498413,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12722","display_name":"Innovation Policy and R&D","score":0.9782999753952026,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/open-innovation","display_name":"Open innovation","score":0.8020328879356384},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.6999109983444214},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.5638379454612732},{"id":"https://openalex.org/keywords/biopharmaceutical","display_name":"Biopharmaceutical","score":0.5556751489639282},{"id":"https://openalex.org/keywords/process","display_name":"Process (computing)","score":0.4971213638782501},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.3769068717956543},{"id":"https://openalex.org/keywords/knowledge-management","display_name":"Knowledge management","score":0.32909244298934937},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.11943432688713074}],"concepts":[{"id":"https://openalex.org/C148415826","wikidata":"https://www.wikidata.org/wiki/Q1469997","display_name":"Open innovation","level":2,"score":0.8020328879356384},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6999109983444214},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5638379454612732},{"id":"https://openalex.org/C2781047461","wikidata":"https://www.wikidata.org/wiki/Q679692","display_name":"Biopharmaceutical","level":2,"score":0.5556751489639282},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.4971213638782501},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.3769068717956543},{"id":"https://openalex.org/C56739046","wikidata":"https://www.wikidata.org/wiki/Q192060","display_name":"Knowledge management","level":1,"score":0.32909244298934937},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.11943432688713074},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C54355233","wikidata":"https://www.wikidata.org/wiki/Q7162","display_name":"Genetics","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/09537325.2018.1554205","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2018.1554205","pdf_url":null,"source":{"id":"https://openalex.org/S130699561","display_name":"Technology Analysis and Strategic Management","issn_l":"0953-7325","issn":["0953-7325","1465-3990"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis & Strategic Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.6800000071525574,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"awards":[{"id":"https://openalex.org/G1081547611","display_name":"\u9886\u5bfc\u884c\u4e3a\u4f5c\u7528\u4e0b\u6280\u672f\u4e8c\u5143\u521b\u65b0\u4e0e\u5546\u4e1a\u6a21\u5f0f\u5339\u914d\u673a\u7406\u7814\u7a76","funder_award_id":"71472172","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":48,"referenced_works":["https://openalex.org/W978566102","https://openalex.org/W1490974767","https://openalex.org/W1501527461","https://openalex.org/W1521064643","https://openalex.org/W1529211731","https://openalex.org/W1559769949","https://openalex.org/W1581237141","https://openalex.org/W1581671442","https://openalex.org/W1887789401","https://openalex.org/W1895705800","https://openalex.org/W1963500307","https://openalex.org/W1976256921","https://openalex.org/W1979461265","https://openalex.org/W2014264621","https://openalex.org/W2018915326","https://openalex.org/W2028849386","https://openalex.org/W2040458497","https://openalex.org/W2046715631","https://openalex.org/W2056043908","https://openalex.org/W2073021405","https://openalex.org/W2087712586","https://openalex.org/W2088149946","https://openalex.org/W2092625738","https://openalex.org/W2099008647","https://openalex.org/W2100990899","https://openalex.org/W2125111810","https://openalex.org/W2128852644","https://openalex.org/W2139526942","https://openalex.org/W2146702706","https://openalex.org/W2147156047","https://openalex.org/W2154597923","https://openalex.org/W2156062675","https://openalex.org/W2160449301","https://openalex.org/W2299691052","https://openalex.org/W2312568269","https://openalex.org/W2390771927","https://openalex.org/W2400228043","https://openalex.org/W2471233601","https://openalex.org/W2478755394","https://openalex.org/W2497717421","https://openalex.org/W2591606596","https://openalex.org/W2760842245","https://openalex.org/W2766884885","https://openalex.org/W2792377815","https://openalex.org/W2804918223","https://openalex.org/W3124482535","https://openalex.org/W3125769622","https://openalex.org/W4249739469"],"related_works":["https://openalex.org/W2016389161","https://openalex.org/W2597027489","https://openalex.org/W2294527235","https://openalex.org/W3186279510","https://openalex.org/W2413138590","https://openalex.org/W4250104310","https://openalex.org/W2375119646","https://openalex.org/W2286298226","https://openalex.org/W3108088554","https://openalex.org/W2092625738"],"abstract_inverted_index":{"Over":[0],"the":[1,9,27,39,122,137],"past":[2],"decade,":[3],"open":[4,19,30,69,80,106,132,141],"innovation":[5,16,20,31,70,81,107,133,142],"has":[6,82,108],"seemingly":[7],"become":[8],"dominant":[10],"approach":[11],"for":[12,29],"revitalising":[13],"a":[14,83,109,118,129],"company\u2019s":[15],"process.":[17],"Can":[18],"improve":[21,136,144],"firm":[22,90,114],"performance?":[23],"This":[24],"study":[25],"optimises":[26],"measures":[28],"based":[32],"on":[33,86,112],"existing":[34],"literature":[35],"and":[36,54,135],"by":[37],"considering":[38],"actual":[40],"situation":[41],"in":[42,121],"China.":[43],"We":[44],"draw":[45],"conclusions":[46],"from":[47,56,62],"an":[48,93],"analysis":[49],"of":[50,58,139],"516":[51],"annual":[52],"reports":[53],"data":[55],"Wind":[57],"172":[59],"biopharmaceutical":[60],"companies":[61],"2013":[63],"to":[64,143],"2015.":[65],"Result":[66],"indicates":[67],"that":[68],"strategies":[71],"have":[72],"different":[73,76],"effects":[74],"at":[75],"times:":[77],"(1)":[78],"Inbound":[79],"negative":[84,110],"impact":[85,111],"short-term":[87,113],"(1\u20132":[88],"years)":[89],"performance,":[91,115],"but":[92,116],"inverted":[94],"U-shaped":[95],"curvilinear":[96],"relationship":[97],"will":[98],"develop":[99],"after":[100],"about":[101],"3":[102],"years.":[103],"(2)":[104],"Outbound":[105],"leaves":[117],"positive":[119],"effect":[120],"long":[123],"run.":[124],"Therefore,":[125],"enterprises":[126],"should":[127],"maintain":[128],"moderate":[130],"inbound":[131],"level":[134],"degree":[138],"outbound":[140],"long-term":[145],"performance.":[146]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":9},{"year":2023,"cited_by_count":11},{"year":2022,"cited_by_count":12},{"year":2021,"cited_by_count":10},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2}],"updated_date":"2026-07-04T07:58:01.006859","created_date":"2025-10-10T00:00:00"}