Riding the waves of innovation: Unraveling the impact of knowledge spillover, organizational trust, and entrepreneurial ecosystems on open innovation strategies
On Chee Hoong
Abstract
This research investigates the interconnected relationships among knowledge spillover, psychological trust, entrepreneurial ecosystems, and open innovation within organizational contexts. The primary purpose is to empirically examine the collective impact of these constructs on open innovation practices. By integrating key elements into a unified conceptual framework, the study aims to provide a comprehensive understanding of the mechanisms driving innovation within organizations. Employing a quantitative approach, the study distributed 400 questionnaires in a Malaysian organizational context, receiving 230 valid responses. SmartPLS was utilized for data analysis. The research tested direct and mediated effects within the proposed conceptual framework, exploring how knowledge spillover, psychological trust, and the entrepreneurial ecosystem interact to influence open innovation outcomes. The findings reveal a positive and significant relationship between knowledge spillover and open innovation, emphasizing the pivotal role of external knowledge in driving innovation practices. Psychological trust is identified as a mediator, translating knowledge resources into innovative outcomes. The entrepreneurial ecosystem acts as a moderator, enhancing the impact of knowledge spillover on open innovation. This research contributes to the existing literature by integrating these constructs into a unified framework and empirically testing their collective impact. The study's significance lies in advancing theoretical models, providing actionable insights for organizational leaders, and informing policymakers on creating supportive entrepreneurial ecosystems for innovation.