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Knowledge Harvesting Concept Paves Way for Open Innovation Initiatives

Knowledge Harvesting Concept Paves Way for Open Innovation Initiatives
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Author(s): N. Raghavendra Rao (FINAIT Consultancy Services, India)
Copyright: 2021
Pages: 15
Source title: Encyclopedia of Organizational Knowledge, Administration, and Technology
Source Author(s)/Editor(s): Mehdi Khosrow-Pour D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-7998-3473-1.ch123

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Abstract

Open innovation project is knowledge intensive. It has become an imperative to collaborate in learning and sharing knowledge from inter organization networks. The challenge of these networks is to manage and develop interpretations of the internal and external environments of enterprises. Personal contacts take place in the organizations' networks. Social groups are formed through their interactions. Creative individuals share their knowledge within the group. This leads to open innovation initiatives Three case illustrations are explained.

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