OPEN INNOVATION – CHARACTERISTICS, FEATURES AND ADVANTAGES

YANICA PETKOVA DIMITROVA

 

Abstract

The scientific- research and application-oriented innovation perspective are in the process of continuous development. The concept of open innovation is one of the aspects that meets today's business environment requirements and enables organizations of varying size and scope to become innovative through a variety of forms of cooperation based on networking in relationships, open communication, transparency, trust.


Key words

innovation, open innovation, organizational learning, knowledge management, innovation performance


JEL Codes: 030


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