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Open Innovation in the Era of Industry 4.0

Ceyda Ovacı
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Ceyda Ovacı: Okan University

Journal of Finance Letters (Maliye ve Finans Yazıları), 2017, vol. 32, issue Special1, 113-131

Abstract: Enterprises that are digitilazed with Fourth industrial revolu tion should establish an innovation ecosystem that gives oppor tunity to colloborative with all stakeholders. Technological deve lopments and transformation should be reflected on innovation processes based on open innovation principles. In this study that is conducted as a literature review the concept of Industry 4.0 is discussed. The study provide information on the impact of industry 4.0 on open innovation paradigm and emphasis on the transfor mation process of Industry 4.0.

Keywords: Industry 4.0; Open Innovation; Colloborative Innovation; Dijital entreprises; Fourth Industrial Revolution (search for similar items in EconPapers)
Date: 2017
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