Public Policies, Open Innovation Ecosystems and Innovation Performance. Analysis of the Impact of Funding and Regulations

Open innovation (OI) has been implemented to develop competitive advantages based on the management of with external players. As such, it is expected that generalized adoption OI practices needs be nurtured by governmental public policies in order enhance OI-based ecosystems. The role open ecosystems known importance multiple synergies among players/stakeholders, which are supported regulations and funding consolidate firms’ results. This paper analyzes performance using double-hurdle estimation procedure. results show that, first tier, inbound knowledge flows positively affect performance, and, second funds further reinforce fiscal security regulations. In contrast, as perceived barriers, they fail impact performance. With this paper, we manage shed light policy support thriving enhancers