The Logic of Open Innovation: Making Value by Connecting Networks and Knowledge

Thomas Grosfeld () and Theo Roelandt ()
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Thomas Grosfeld: NXP Semiconductors (Netherlands)
Theo Roelandt: Ministry of Economic Affairs, Agriculture and Innovation (Netherlands)

Foresight and STI Governance (Foresight-Russia till No. 3/2015), 2008, vol. 2, issue 1, 24-29

Abstract: Open innovation is the process of joint market promotion of new products and services and creation of new business opportunities by the knowledge exchange between partners. In recent years this innovation practice is becoming more common. The paper describes the preconditions for its emergence and forms of implementation. General recommendations for public policies on fostering open innovation are provided. Note: Downloadable document is in Russian.

Keywords: value; innovation; knowledge exchange (search for similar items in EconPapers)
JEL-codes: O31 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:hig:fsight:v:2:y:2008:i:1:p:24-29

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