From Competition to Cooperation - Development and Practices of Open Innovation Systems

Abstract

In this era of an innovation-driven knowledge economy, innovation is a key factor in the creation of enterprise competitiveness. With the pace of globalization gaining speed and market competition becoming more intense, an increasing number of enterprises have opted to look beyond their own laboratories and search for creativity in the outside world. In other words, the source of momentum for enterprise innovation is no longer limited to a corporation's internal organization but can be derived from the proper use of external knowledge and innovative resources. When combining internal and external creativity to foster the development of new technologies, we can create greater economic value. The rise of this form of open innovation thinking is driving the development of the innovation systems in specific countries or regions.