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Dimensions of Researches for Open Innovation in SMEs
Abstract
Innovation has been treated as a recognized driver of economic prosperity of a country through the sustained growth of its entrepreneurships. Moreover, the recently coined term open innovation is increasingly taking the lead in enterprise management in terms of value addition and knowledge building. Foci of academics, researchers, and practitioners nowadays are revolving around various innovation models, comprising innovation techniques, processes, and strategies. This chapter seeks to find out open innovation research and practices that are being carried out circumscribing development of entrepreneurships, particularly the sector belonging to the small and medium enterprises (SMEs) through a longitudinal study.
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