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J. Open Innov. Technol. Mark. Complex. 2016, 2(4), 20; https://doi.org/10.1186/s40852-016-0046-8 (registering DOI)

Implementing open innovation concept in social business

1
Economics and Management Department, Chistopol autonomous campus, Kazan National Research Technical University, Kazan, Russia
2
Faculty of Engineering Economics, Riga Technical University, Riga, Latvian
*
Author to whom correspondence should be addressed.
Received: 12 July 2016 / Accepted: 29 September 2016 / Published: 12 October 2016
PDF [559 KB, uploaded 9 February 2018]

Abstract

Social business is an emerging concept which requires additional research especially in terms of priority management tools that can be used. The paper aims to evaluate how closed and open innovation concepts are implemented by social enterprises in the emerging information economy. The paper also studies social enterprises from the point of view of joint efficiency and innovation development concept evaluation to define best practices used by social entrepreneurs nowadays.
The paper provides comparative analysis of two types of social business models: the ones based on open innovation and the ones based on formal closed innovative process. Research question is to estimate how implementation of open innovation influences social businesses’ outcomes, and to define the way open innovation influences social enterprises’ efficiency.
Keywords: Open innovation, Social business, Business model, Innovation process, Quantum economics Open innovation, Social business, Business model, Innovation process, Quantum economics
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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Svirina, A.; Zabbarova, A.; Oganisjana, K. Implementing open innovation concept in social business. J. Open Innov. Technol. Mark. Complex. 2016, 2, 20.

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