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A Cross Matrix for Modeling Open Innovation in Production Management

Author

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  • Gratiela Boca

    (Department of Economics and Physics, Technical University of Cluj Napoca)

Abstract

Innovation has become the industrial religion of the late 20th century. Business sees it as the key to increasing profits and market share. Governments automatically reach for it when trying to fix the economy. Around the world, the rhetoric of innovation has replaced the post-war language of welfare economics. Innovation: nothing new? Recent years have seen much focus on how innovation can lead to improvements in productivity assisting in economic development The article present the big difference between making culture in a particular field and practicing it. Innovation is the instrument of entrepreneurship. It invests resources with a new capacity to produce prosperity.

Suggested Citation

  • Gratiela Boca, 2014. "A Cross Matrix for Modeling Open Innovation in Production Management," Mathematical Modelling with Application in Economics 1407, Technical University of Cluj Napoca, Department of Economics and Physics.
    • Handle: RePEc:clj:icmmae:1407
    as

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    File URL: ftp://econ.cunbm.utcluj.ro/econ/papers/icmmae/icmmae14-07.pdf
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    References listed on IDEAS

    as
    1. Attila Varga, 2000. "Local Academic Knowledge Transfers and the Concentration of Economic Activity," Journal of Regional Science, Wiley Blackwell, vol. 40(2), pages 289-309, May.
    2. Michael E. Porter, 2000. "Location, Competition, and Economic Development: Local Clusters in a Global Economy," Economic Development Quarterly, , vol. 14(1), pages 15-34, February.
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    JEL classification:

    • C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
    • C59 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Other
    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)

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