RT Journal Article T1 Configurational Analysis of Inbound and Outbound Innovation Impact on Competitive Advantage in the SMEs of the Portuguese Hospitality Sector A1 de Andrés-Sánchez, Jorge A1 Musiello-Neto, Francisco A1 Rua, Orlando Lima A1 Arias Oliva, Mario AB This study analyzes the effects of inbound and outbound open innovation, along with organizational strategy and corporate risk management, on competitive advantage and disadvantage in the Portuguese hospitality sector’s cost, service, and product. We use a quantitative approach based on fuzzy set qualitative comparative analysis (fsQCA) of survey data from 251 executive directors of hotels from Portuguese small and medium-sized enterprises (SMEs). The results allow visualization of the interactions of inbound and outbound open innovation with corporate risk management and organizational strategy in order to generate competitive advantage. The results demonstrate that corporate risk management is a keystone for a competitive cost advantage, whereas inbound open innovation plays a fundamental role in obtaining competitive advantages for products and services. Other factors, such as outbound open innovation or those linked with organizational strategy, have less impact, and/or the sign of their influence depends on the configuration of the remaining variables. PB MDPI SN 2199-8531 YR 2022 FD 2022-11-22 LK https://hdl.handle.net/20.500.14352/73157 UL https://hdl.handle.net/20.500.14352/73157 LA eng DS Docta Complutense RD 7 abr 2025