External Knowledge Sourcing and Innovation Processes in Modern Economic Environment
Autor: | Dorota Roszkowska |
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Rok vydání: | 2017 |
Předmět: |
innovation process
m11 Knowledge management HF5001-6182 Innovation management l17 external knowledge co-innovation 0502 economics and business Global network Business Digital economy Open innovation business.industry Product innovation Knowledge economy m21 05 social sciences Environmental resource management Innovation process open innovation ComputingMilieux_GENERAL 050211 marketing ICTS business 050203 business & management innovation management |
Zdroj: | International Journal of Management and Economics, Vol 53, Iss 2, Pp 39-56 (2017) |
ISSN: | 2299-9701 |
Popis: | In an open and digital economy where ICTs, global networks and innovation systems play a key economic role, knowledge used by companies is increasingly gathered using different external sources. Rapidly changing technology enables companies to use new ways to innovate. New innovation processes permit companies to reduce risk and the costs of innovation. New paradigms, called open innovation and co-innovation, allow organizations to remain innovative in a rapidly changing environment. The objectives of this paper are: to provide a better understanding of open innovation and co-innovation paradigms and to suggest instruments for organizations to benefit from co-innovation ecosystem. Internet empowered ICT tools can be the first step for an organization to initiate implementation of a digital strategy. To gain incremental, tacit, organizational knowledge or marketing skills, a new innovation strategy should involve networking through social networks and virtual communities. Digitalization of innovation activities constitutes a new important role for innovation networks and ecosystems, including global innovation networks, as knowledge and technology are no longer owned by a single firm or country. This paper attempts to prepare the theoretical background, for empirical studies on the impact of new innovation processes on company innovation and their competitive advantages. The study is descriptive and analytical, building on the theory and empirical results of previous studies on new, digital innovation models. |
Databáze: | OpenAIRE |
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