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Dynamic Learning as Entrepreneurial Action in the Context of Open Innovation: An Instrumental Case from a Communities-of-Practice Perspective
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Author(s): Nicholas Theodorakopoulos (Aston University, UK), Catarina Figueira (Cranfield University, UK), Nada Kakabadse (University of Northampton, UK)and Andrew Kakabadse (Cranfield University, UK)
Copyright: 2012
Pages: 25
Source title:
SMEs and Open Innovation: Global Cases and Initiatives
Source Author(s)/Editor(s): Hakikur Rahman (University of Minho, Portugal)and Isabel Ramos (University of Minho, Portugal)
DOI: 10.4018/978-1-61350-519-9.ch010
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Abstract
Recent scholarly discussion on open innovation put forward the notion that an organisation’s ability to internalise external knowledge and learn from various sources in undertaking new product development is crucial to its competitive performance. Nevertheless, little attention has been paid to how growth-oriented small firms identify and exploit entrepreneurial opportunities (i.e. take entrepreneurial action) related to such development, in an open innovation context, from a social learning perspective. This chapter, based on an instrumental case-firm, demonstrates analytically how learning as entrepreneurial action takes place, drawing on situated learning theory. It is argued that such learning is dynamic in nature and is founded on specific organising principles that foster both inter- and intracommunal learning.
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