Implementation of Open Innovation Practices in Ukrainian Small and Medium-Sized Enterprises
Implementation of Open Innovation Practices in Ukrainian Small and Medium-Sized Enterprises

Summary/Abstract: Successful innovation is a major driver to enhance the performance of the company, so nowadays organizations try to strengthen their competitive positions through cooperation and collaboration across networks and strategic partnerships, in line with the open innovation framework. Most recent studies of open innovation focus mainly on the firm level of large multinational technology corporations, but with increasing outsourcing, crowdsourcing and networking, the management of open innovation techniques in small and medium-sized enterprises (SMEs) is becoming more important. This paper intends to explore the major trends of innovation activity in the Ukrainian SMEs sector and to define trends towards open innovation concept realization.

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