Open Innovation Within Loughview Timber: How Knowledge Transfer Is Opening Doors to New Markets

By • on May 10, 2021

The ARCOM Proceedings website posted a study which aims to determine the effectiveness of adopting an open innovation model in the context of SMEs. Loughview Timber, a small manufacturer based in Northern Ireland, is used as a case study. It is recommended that Loughview Timber continue to exploit the benefits of knowledge transfer available, while also looking for further opportunities to partner with other third level educational institutions. Further research is required across a wider range of SMEs to more accurately determine the effectiveness of open innovation on supporting SME’s product development activities.

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