Reality of Open Innovation among Managers of Jordanian Shareholders Companies

Abstract The aim of this study was to identify the extent of the clarity of the concept of open innovation among the managers of Jordanian business companies. It discussed theimpact of some organizational factors such as size, age, and the company work nature.It also addressed some open innovation practices and the factors that are taken into consideration when developing innovative plans and managers? attitudes towards this type of innovation.A field study was conducted to cover the population of (231) industrial business companies registered at the Amman Stock Exchange. The study relied on the random sample method to study and analyze the study population. A questionnaire was conducted to obtain data.The researcher distributed the questionnaire to each company. (120) questionnaires were distributed, and from them, (120) were valid for analysis. Descriptive methods were used in this study.The findings of the studyindicated that a significant percentage of Jordanian business company managers have ambiguity or lack of clarity in the concept of open innovation (40%), and this may negatively affect how these companies use open innovation plans.Research also showed that managers of modern Jordanian business companies are more understanding of open innovation than their counterparts in old companies, and managers of Jordanian business companies tend to centralize the development of innovative plans. Moreover, the study showed that there are positive attitudes among the managers of Jordanian business companies towards open innovation. Based on the study outcomes, the researcher presents some recommendations for the companies studied, governmental and private institutions, and future research.