DIGITAL ECONOMY, ENTREPRENEURSHIP AND THE CONCEPT OF OPEN INNOVATION
DIGITAL ECONOMY, ENTREPRENEURSHIP AND THE CONCEPT OF OPEN INNOVATION
Author(s): Tatjana Petkovska Mircevska, Tatjana Petkovska Mircevska, Biljana AngelovaSubject(s): ICT Information and Communications Technologies
Published by: Факултет за Бизнис Економија
Keywords: business model; open innovation; entrepreneurship; digital economy;
Summary/Abstract: This paper elaborates the connection and the importance of the concept of open innovation and entrepreneurship in a digital economy. Through theoretic explication, elaboration is performed on the need of implementing the concept of open innovation as a way of cross-linking in the network systems of companies, with the purpose for them to adapt to changes in the business environment. The model of open innovation is a paradigm that points to the need for systematic incitement and research on a wide range of internal and external sources of innovation opportunities and integration of the research. These business models should enable transfer of know-how and exchange of information for creating innovations that will be successfully commercialized on the market.
Journal: Journal of Sustainable Development
- Issue Year: 8/2018
- Issue No: 19
- Page Range: 82-94
- Page Count: 13
- Language: English