Next Article in Journal
Productivity and Economic Analysis of a New Intensive Collector in the Portuguese Market with Implication of Open Innovation Perspective
Next Article in Special Issue
Factors Affecting the Outbound Open Innovation Strategies in Pharmaceutical Industry: Focus on Out-Licensing Deal
Previous Article in Journal
A Forecasting Model for Economic Growth and CO2 Emission Based on Industry 4.0 Political Policy under the Government Power: Adapting a Second-Order Autoregressive-SEM
Previous Article in Special Issue
Development of a Class Model for Improving Creative Collaboration Based on the Online Learning System (Moodle) in Korea
Open AccessArticle

Building Networks to Harness Innovation Synergies: Towards an Open Systems Approach to Sustainable Development

Asia-Europe Institute, University of Malaya, Kuala Lumpur 50603, Malaysia
J. Open Innov. Technol. Mark. Complex. 2019, 5(3), 70; https://doi.org/10.3390/joitmc5030070
Received: 30 July 2019 / Revised: 29 August 2019 / Accepted: 29 August 2019 / Published: 12 September 2019
Open innovation has become a popular approach, especially since 2003, as people began purposively managing, evolving and harnessing knowledge flows across organizational boundaries but through increasing connections with systemic knowledge nodes relevant to the innovation process. The creation and appropriation of such knowledge has evolved rapidly with digitalization and the proliferation of broadband networks. Individuals, firms and organizations now connect and coordinate to support innovations openly across innovation systems. This paper proposes an open systems model with institutional underpinnings to not only quicken knowledge flows and expand the networks to a wider range of socioeconomic agents, but also for their inclusive participation in shaping the processes of achieving sustainable development through environmental greening and egalitarian balancing of society. In doing so, using examples, the paper focuses on developments since Schumpeter’s ground-breaking exposition of innovation to explain how individuals, firms, farms and organizations can participate actively in open innovation networks to connect productively with the critical knowledge nodes in society. View Full-Text
Keywords: open innovation; systems approach; environmental greening; egalitarian society; sustainable development open innovation; systems approach; environmental greening; egalitarian society; sustainable development
Show Figures

Figure 1

MDPI and ACS Style

Rasiah, R. Building Networks to Harness Innovation Synergies: Towards an Open Systems Approach to Sustainable Development. J. Open Innov. Technol. Mark. Complex. 2019, 5, 70.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop