Does Global Competition Allow Open Innovation for a Small Country?

By • on May 30, 2019

The INA-Rxiv website posted an article which noted that in facing the global competition, small countries should develop their national research and development. Open innovation aims to improve the organization ability to innovate new ideas for products and solutions through exploiting external ideas presented by consumers and partners to achieve market success. And this should be taken into account for small country in facing  global competition. For example, by investing in people and fostering cross-functionality, sharing intellectual property, and building a strong knowledge base it is necessary to develop next-generation innovation policies and best practices.

Click here to read an abstract of the article.

Image via Flickr.

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