Human resources management and open innovation adoption in the banking sector: A conceptual model

Salampasis, D, Mention, A-L and Torkkeli, M 2015, 'Human resources management and open innovation adoption in the banking sector: A conceptual model', International Journal of Business Excellence, vol. 8, no. 4, pp. 433-457.


Document type: Journal Article
Collection: Journal Articles

Title Human resources management and open innovation adoption in the banking sector: A conceptual model
Author(s) Salampasis, D
Mention, A-L
Torkkeli, M
Year 2015
Journal name International Journal of Business Excellence
Volume number 8
Issue number 4
Start page 433
End page 457
Total pages 25
Publisher Inderscience
Abstract Open innovation has received wide attention and has been explored in various sectors of the economy. However, despite the abundant literature in the field, there is an on-going debate around the organisational aspect of this paradigm. This conceptual paper aims at contributing to this debate by developing a conceptual model, which explores the relationship between human resources management practices and open innovation adoption in the banking sector. Based on an extensive literature review, the role of human resources management towards the adoption of open innovation in the banking sector is investigated in relation to two fundamental organisational elements: trust and readiness. The authors highlight the role of human resources management as a fundamental element towards the adoption of open innovation practices in the banking sector and strongly suggest that; a) human resources management affects the adoption of open innovation in the banking sector and b) trust and readiness moderate the relationship between human resources management and open innovation adoption. The proposed research propositions depict a shift towards a more flexible and open human resources management system in the banking sector and the emergence of an innovative mindset empowering organisational performance.
Subject Innovation and Technology Management
Keyword(s) Banking sector
Fair process
Financial services
Human resources management
Human side of open innovation
Open innovation
Organisational readiness
Trust
Workplace bullying
DOI - identifier 10.1504/IJBEX.2015.070314
Copyright notice Copyright © 2015 Inderscience Enterprises Ltd.
ISSN 1756-0047
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