Designing a Model of Open Innovation based on Human Capital In the steel industry (The Case of : Mobarakeh Steel Company)

Document Type : Research Paper

Authors

1 Department of Management, University of Isfahan.

2 Department of Management, University of Isfahan

3 Faculty member, Department of Management, Faculty of Administrative sciences and Economics, University of Isfahan.

Abstract

One of the cutting edge methods to optimally manage creativity is the concept of open innovation. In the era of change and innovation, organizations are always looking to apply innovative practices in all their activities, including human resource systems. In this study, the fundamental issue is to identify the dimensions of a model based on open innovation paradigm focusing on human capital in Mobarakeh Steel Company. This research is exploratory mixed method, based on an applied and a descriptive survey design. The statistical population of the study consists of human resources managers and experts, senior managers and experts in R&D, technology management, knowledge management of Mobarakeh Steel Company. Data and information were collected using semi-structured interviews, extracted in theme analysis method and designed initial model. In the second step, a questionnaire was designed to test the pattern and was distributed among 130 members of the statistical population. The model dimensions were analyzed by statistical tests and structural equations using Amos 24 software and consequently the hypotheses were confirmed. The results showed: the implementation of the HC-based open innovation helps upgrade knowledge in the organization, create win-win relationships, and increase the interaction capital, power, and credit of the organization.

Keywords

References

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Journal of Entrepreneurship Development
Volume 13, Issue 2 - Serial Number 48
September 2020
Pages 255-272

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