Mapping the Development of Open Innovation Research in Business and Management Field: A Bibliometric Analysis

There has been a shift from closed innovation to open innovation (OI) model recently in firms that are driven by global networking and fast technological progress. Open innovation is more lucrative for businesses because it can cut costs, speed up the time to the market, increase market differentiation, and generate new business revenue streams. In recent years, open innovation has gained the interest of academicians and business managers. It is, therefore, important to investigate the latest trends in open innovation research. Therefore, a bibliometric approach was developed to assess the global scientific output for OI, to support future researchers to achieve the potential of and establish directions for future researchers in open innovation research. This study aims to demonstrate the latest patterns and developments of "open innovation" research from 2003 to 2020 and highlight the major trends in open innovation research. A total of 1484 articles were extracted from the Scopus database and analysis was performed on VOSviewer. We merged descriptive analysis and bibliometric analysis to determine the temporal evolution, most productive journals, top authors, most productive countries, and co-occurrence of keywords (to identify well-explored keywords), and a co-authorship analysis of authors and countries to investigate the collaborative research in the OI field.