Authors:
Sun Xin
and
Wang Qian
Affiliation:
Dalian University of Technology, China
Keyword(s):
Open innovation, Knowledge, Closed innovation, Construction.
Related
Ontology
Subjects/Areas/Topics:
Biomedical Engineering
;
Data Engineering
;
Enterprise Information Systems
;
Health Information Systems
;
Information Systems Analysis and Specification
;
Knowledge Management
;
Ontologies and the Semantic Web
;
Organisational Learning
;
Society, e-Business and e-Government
;
Web Information Systems and Technologies
Abstract:
In a highly competitive time, innovation is the foundation and necessary conditions which keep the ability of manufacture competition and survival. But innovation is a high failure rate and high-risk activity with market and technical uncertainties. With the rapid development of science and technology and rapid change of customers’ demand, the traditional closed innovation paradigm can not maintain the competitive advantage of company. In this situation, a new innovation paradigm-open innovation comes out and compensates the disadvantages of closed innovation. In the open innovation paradigm, companies can obtain external knowledge resources to improve the ability of knowledge management. From the perspective of knowledge management, this paper analyzes the characteristics of open innovation paradigm and the relationship between open innovation and knowledge management. According to the analysis result this paper will put forward some useful suggestions about how to construct of an e
ffective open innovation paradigm.
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