Leveraging the power of open innovation and dynamic capabilities to recover from COVID-19 impacts: A study of higher education institutions of Pakistan
Innovation, Leadership and Governance in Higher Education: Perspectives on the Covid-19 Recovery Strategies
School of Business and Law
The COVID-19 pandemic has severely impacted the global economy, particularly the higher education sector worldwide. This study aims to investigate the direct impact of open innovation and mediating effects of dynamic capabilities to mitigate the COVID-19 challenges. Data were collected from 284 teaching and nonteaching staff members employed at the Higher Education Institutions (HEIs) of Pakistan. The partial least squares structural equation modeling (PLS-SEM) technique was used to analyze the survey data. The findings reveal that the factor of dynamic capabilities significantly influences organizational resilience. In addition, open innovation significantly mediates the relationship between dynamic capabilities and organizational resilience. These findings offer valuable insights for the HEIs to develop strategies to cope with the challenges posed by the pandemic.