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2017 | OriginalPaper | Chapter

4. Open Innovation Policy in National Innovation System

Author : JinHyo Joseph Yun

Published in: Business Model Design Compass

Publisher: Springer Singapore

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Abstract

The use of purposive inflows and outflows of knowledge to accelerate internal innovation and to expand the markets by external use of innovation has recently become essential not only in business strategies but also national policies. According to a literature review, open innovation policies should have three aspects, namely, knowledge and technology production, distribution, and consumption. If different levels of open innovation policies are introduced into the national innovation system (NIS), different effects occur not only in the short term but also the long term. The fundamental goal of open innovation policy should be vitalizing Schumpeterian dynamics of the open innovation economy system.

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previous chapter Economic Effects of Open Innovation
next chapter Concept, Structures, and Decision Factors of Open Innovation
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Metadata
Title
Open Innovation Policy in National Innovation System
Author
JinHyo Joseph Yun
Copyright Year
2017
Publisher
Springer Singapore
Book
Business Model Design Compass

Print ISBN: 978-981-10-4126-6

Electronic ISBN: 978-981-10-4128-0

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-981-10-4128-0_4