Open innovation: reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability

This book chapter was published in the IGI Global [ © 2016 IGI Global] and the definite version is available at : http://doi.org/10.4018/978-1-5225-0556-3.ch012 The Journal's website is at: https://www.igi-global.com/gateway/chapter/157810

מידע ביבליוגרפי
מחבר ראשי: Rahman, Hakikur
מחברים אחרים: Department of Computer Science and Engineering, BRAC University
פורמט: Book chapter
שפה:English
יצא לאור: © 2016 IGI Global 2018
נושאים:
גישה מקוונת:http://hdl.handle.net/10361/9566
http://doi.org/10.4018/978-1-5225-0556-3.ch012
id 10361-9566
record_format dspace
institution Brac University
collection Institutional Repository
language English
topic Economics
Industrial economics
Surveys
Technology transfer
Business model innovation
Capacity development
Disruptive innovations
Economic sustainability
spellingShingle Economics
Industrial economics
Surveys
Technology transfer
Business model innovation
Capacity development
Disruptive innovations
Economic sustainability
Rahman, Hakikur
Open innovation: reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability
description This book chapter was published in the IGI Global [ © 2016 IGI Global] and the definite version is available at : http://doi.org/10.4018/978-1-5225-0556-3.ch012 The Journal's website is at: https://www.igi-global.com/gateway/chapter/157810
author2 Department of Computer Science and Engineering, BRAC University
author_facet Department of Computer Science and Engineering, BRAC University
Rahman, Hakikur
format Book chapter
author Rahman, Hakikur
author_sort Rahman, Hakikur
title Open innovation: reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability
title_short Open innovation: reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability
title_full Open innovation: reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability
title_fullStr Open innovation: reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability
title_full_unstemmed Open innovation: reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability
title_sort open innovation: reaching out to the grass roots through smes - exploring issues of opportunities and challenges to reach economic sustainability
publisher © 2016 IGI Global
publishDate 2018
url http://hdl.handle.net/10361/9566
http://doi.org/10.4018/978-1-5225-0556-3.ch012
work_keys_str_mv AT rahmanhakikur openinnovationreachingouttothegrassrootsthroughsmesexploringissuesofopportunitiesandchallengestoreacheconomicsustainability
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spelling 10361-95662022-01-27T03:12:52Z Open innovation: reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability Rahman, Hakikur Department of Computer Science and Engineering, BRAC University Economics Industrial economics Surveys Technology transfer Business model innovation Capacity development Disruptive innovations Economic sustainability This book chapter was published in the IGI Global [ © 2016 IGI Global] and the definite version is available at : http://doi.org/10.4018/978-1-5225-0556-3.ch012 The Journal's website is at: https://www.igi-global.com/gateway/chapter/157810 While talking about successful entrepreneurship and value addition within an enterprise through innovation, one could realize that the innovation paradigm has been shifted from simple introduction of new ideas and products to accumulation of diversified actions, actors and agents along the process. Furthermore, when the innovation process is not being restricted within the closed nature of it, the process takes many forms during its evolution. Innovations have been seen as closed innovation or open innovation, depending on its nature of action, but contemporary world may have seen many forms of innovation, such as technological innovation, products/service innovation, process/production innovation, operational/management/organizational innovation, business model innovation or disruptive innovation, though often they are strongly interrelated. Definition of innovation has also adopted many transformations along the path, incorporating innovations within the products, process or service of an enterprise to organizational, marketing, or external entities and relations. Nature and scope of agents and actors even varies widely within the innovation dynamics, when the open innovation techniques are being applied to enterprises, designated as the small and medium enterprises (SMEs). Researching in this paradigm, one has to look for some underlying issues that should be attended through responding to research questions as the research continues. Among many of the fundamental questions on innovation advancement for SMEs development there are a few, how to acquire precise information on the flow-chart of their business operations, gain knowledge on specific parameters of their business processes, utilize existing potential capacities to extend their knowledge towards successful innovation acquisition and dissemination, and extend their knowledge platform through various capacity development initiatives. They aggregate further, when issues of opportunities and challenges are being researched along the path of SME development through open innovation. Rationale of this research is to ascertain diverse aspects of opportunities and challenges surrounding the open innovation processes, and design action plans to empower SMEs in reaching out to the grass roots communities utilizing open innovation strategies. Primary focus of this research is to enable SMEs in finding out their innovation potentiality and empower them through various capacity development initiatives. However, the specific focus will adhere to adaptable technology transfer through open innovation. Along the route to justify the research potential and validate the research hypotheses (whether this research will add any economic value or knowledge gain), this study will conduct extensive literature review on various patterns of open innovation (crowdsourcing or collaborative), investigate case studies to learn about intricate issues surrounding their operational strategies (conducted by European Commission, OECD and similar institutions) and conduct surveys among selected SMEs (email, web based, egroups) in several phases. Research design includes formulation of strategies to resolve acquired research questions; collection and recording of the evidences obtained from the literature review or case studies or surveys; processing and analyzing gathered data and their appropriate interpretations; and publication of results. Analysis will include both qualitative (descriptive and exploratory) and quantitative (inferential statistics) methods. Published 2018-03-01T03:56:30Z 2018-03-01T03:56:30Z 6/27/2016 Book chapter Rahman, H. (2016). Open innovation: Reaching out to the grass roots through SMEs - exploring issues of opportunities and challenges to reach economic sustainability. Human development and interaction in the age of ubiquitous technology (pp. 273-307)10.4018/978-1-5225-0556-3.ch012 978-152250557-0 978-152250556-3 http://hdl.handle.net/10361/9566 http://doi.org/10.4018/978-1-5225-0556-3.ch012 en https://www.igi-global.com/gateway/chapter/157810 © 2016 IGI Global