ISSN (Online): 2321-3418
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Economics and Management
Open Access

Adoption of open innovation: Evidence from SMEs in the Ghanaian Hospitality Industry

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DOI: 10.18535/ijsrm/v7i7.em03· Pages: 1238-1253· Vol. 7, No. 07, (2019)· Published: July 18, 2019
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Abstract

The objective of the study was to analyze the determinants of open innovation adoption among the Ghanaian hospitality SMEs. A cross‐sectional survey using a 5‐point Likert scale questionnaire was used to randomly collect data from 530 managers within the hospitality industry in Ghana. Using SmartPLS software 3.2.8 to analyze primary data, the results show that all six determining factors have a significant impact on open innovation adoption in the hospitality industry. Specifically, competition, human skills, managerial style and IT infrastructure have a positive and significant relationship with open innovation adoption. However, cost and cultural factors had a negative but significant influence on open innovation adoption. The study also provides managers with practical ways of adopting open innovation in the Ghanaian hospitality industry.

Keywords

open innovationculturecompetitionhuman skillscostIT infrastructure and managerial style
Author details
Tian Hongyun
School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang 212013, Jiangsu, P.R. China.
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William Adomako Kankam
School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang 212013, Jiangsu, P.R. China.
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Florence Appiah-Twum
School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang 212013, Jiangsu, P.R. China.
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Isaac Gumah Akolgo
School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang 212013, Jiangsu, P.R. China.
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Shuja Iqbal
School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang 212013, Jiangsu, P.R. China.
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Adelaide Spio-Kwofie
School of Finance and Economics, Jiangsu University, 301 Xuefu Road, Zhenjiang 212013, Jiangsu, P.R. China.
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