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

Author

Listed:
  • Thomas Grosfeld

    (NXP Semiconductors (Netherlands))

  • Theo Roelandt

    (Ministry of Economic Affairs, Agriculture and Innovation (Netherlands))

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.

Suggested Citation

  • Thomas Grosfeld & Theo Roelandt, 2008. "The Logic of Open Innovation: Making Value by Connecting Networks and Knowledge," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 2(1), pages 24-29.
    • Handle: RePEc:hig:fsight:v:2:y:2008:i:1:p:24-29
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    Download full text from publisher

    File URL: http://foresight-journal.hse.ru/data/2010/12/31/1208181728/grosfeld.pdf
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    Citations

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    Cited by:

    1. V. I. Pleshchenko, 2018. "The role and place of the procurement process in the functioning of the open innovation model of manufacturing company," Russian Journal of Industrial Economics, MISIS, vol. 11(4).

    More about this item

    Keywords

    value; innovation; knowledge exchange;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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