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Open innovation model in the knowledge intensive business services in the Slovak Republic

Author

Listed:
  • Dana Benešová

    (University of Economics in Bratislava, Slovakia)

  • Viera Kubičková

    (University of Economics in Bratislava, Slovakia)

  • Miroslava Prváková

    (University of Economics in Bratislava, Slovakia)

Abstract

Innovation and its management has been a current challenge for companies in the knowledge economy. Open innovation is a system that creates and uses synergies from sharing and collaboration. The digital economy and society support the emergence and functioning of open innovation systems. In the Slovak Republic´s environment, the management of innovations through an open mechanism is a perspective for the development of knowledge intensive business services (KIBS). These services are an important link in the value chain of the Slovak economy focused primarily on the automotive industry. The article deals with the creation of a model of open innovation in the environment of KIBS production in the Slovak Republic. Its elements and their classification are based on the results of the primary survey carried out by the Delphi method. The importance of individual elements thus reflects the priorities of innovation management of KIBS companies in the Slovak Republic. In the current theory, we do not find a model with these specifications. The presented model thus represents an original result supported by the primary research in a specific environment. The construction of the model identifies three building components of the open innovation mechanism: preparation and planning, implementation, evaluation of outputs and a value creation. They are complemented by factors, risks and effects. The model provides the possibility of measurement at the level of inputs and outputs.

Suggested Citation

  • Dana Benešová & Viera Kubičková & Miroslava Prváková, 2020. "Open innovation model in the knowledge intensive business services in the Slovak Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 1340-1358, December.
    • Handle: RePEc:ssi:jouesi:v:8:y:2020:i:2:p:1340-1358
    DOI: 10.9770/jesi.2020.8.2(79)
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    References listed on IDEAS

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    1. Joe Tidd (ed.), 2013. "Open Innovation Research, Management and Practice," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number p900, December.
    2. Tsang, Eric W. K., 2014. "Old and New," Management and Organization Review, Cambridge University Press, vol. 10(03), pages 390-390, November.
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    More about this item

    Keywords

    open innovation; model; knowledge intensive business services; Slovak Republic;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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