Open innovation, growth and performance in mexican SME automotive industry

In the scientific literature in the field of innovation, open innovation is a relatively recent topic and is considered an essential business strategy for obtaining better results from companies. However, there are few studies published in the literature that have focused on the analysis of open innovation in small and medium-sized companies, even though in different countries this type of company represents the majority of companies. In this sense, the objective of this study is the analysis and discussion of the relationship between open innovation, growth and performance of small and medium-sized manufacturing companies in the Mexican automotive industry. The methodology corresponds to a quantitative investigation with the application of 300 surveys to a representative sample, and the use of a model of structural equations. The survey contains 14 indicators from the theoretical perspective of Van de Vrande, De Jong, Vanhaverbeke and De Rochemont (2009), Bag (2014), Linder (2006), Carneiro (2007) and Kruger and Johnson (2009). The concepts of open innovation and performance have as main theoretical references Brunswicker and Chesbrough (2018), Sivam, Dieguez, Pinto and Silva (2019), and Erol and Klug (2020). Finally, it is concluded that open innovation has significant positive effects, both on business performance and on the level of growth.