Open Eco-innovation. The New Form of Cooperation for Sustainable Future

Valery Chistov, Sunita Tanwar and C.S. Yadav

No d938m, EcoEvoRxiv from Center for Open Science

Abstract: This chapter is dedicated to the concept of Open Eco-innovation - an emerging form of cooperation for sustainable development, particularly for environmental sustainability. Our society currently faces a number of environmental challenges that cannot be solved individually and require a collaborative approach. One of the ways to harness the power of collaboration and access the external resources to foster internal eco-innovation capabilities is Open Eco-innovation. This chapter gives an overview of the quickly arising concept, the historical perspective, and the current state of the research. In addition, it draws to the literature on stakeholder theory, industrial symbiosis, and knowledge management to give a theoretical context for this emerging phenomenon. Our research shows that OEI is a critical tool to foster eco-innovation in organizations and sustainable development in our society. Nevertheless, more profound research is needed to prove empirically the viability of the concept and explore its real-life application in the industry.

Date: 2021-11-30
New Economics Papers: this item is included in nep-cse, nep-env, nep-hme and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:osf:ecoevo:d938m

DOI: 10.31219/osf.io/d938m

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