Open Innovation: From Understating to Future Prospects and Perspectives

By • on March 29, 2021

The Pakistan Research Database website noted a study which tries to encompass the development of open innovation concept from 2003 till now. In last decade, since the publication of the book “Open Innovation” by Chesbrough, the idea of open innovation has received extensive interest by scholars as well as by practitioners. The progression of thought process has been highlighted in brief. Enablers of open innovation are discussed along with the process for implementing open innovation. Discussion on future prospects of the field along with future perspectives for the research is the most significant part of the paper.

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