Volume 18, No. 6, 2021

Exploring The Contribution Of Leadership Styles To Open Innovation Adoption And Implementation

Dwivedi Prerna Manoj , Prof. (Dr.) Prakash Divakaran


Innovation has become a cornerstone of competitive advantage in today's dynamic business environment, with open innovation emerging as a prominent paradigm for organizations seeking to leverage external knowledge and resources. However, the successful adoption and implementation of open innovation strategies hinge not only on organizational structures and processes but also on leadership styles that facilitate collaboration, risk-taking, and creativity. This research paper aims to explore the relationship between leadership styles and open innovation adoption and implementation, shedding light on how different leadership approaches can influence organizational readiness for open innovation and its effectiveness. Drawing on a comprehensive review of existing literature and empirical evidence, this paper provides insights into the nuanced roles that transformational, transactional, and servant leadership styles play in fostering an environment conducive to open innovation. By understanding the interplay between leadership and open innovation, organizations can develop targeted strategies to enhance their innovation capabilities and achieve sustainable growth in today's competitive landscape.

Pages: 9707-9711

Keywords: leadership styles, open innovation, adoption, implementation, transformational leadership, transactional leadership, servant leadership, organizational readiness, innovation capabilities.

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