Abstract
The present study is intended to define and clarify the necessary open innovation and business model conditions for the sustainable growth of SMEs (small and medium-sized enterprises). Initially, we create the open innovation and business model conditions for the sustainable growth of SMES. We devise four different conditions for effective business model and knowledge strategies. The highest growth limits of the four conditions were estimated and then measured for 27 SMEs in the area of IT (information technology) in Korea. From this, we attempt to understand the relationship between open innovation and business model in the context of the growth limits of SMEs. Using this context, we can conceive of the relationship between open innovation and business model in a broader and more concrete manner.
| Original language | English |
|---|---|
| Title of host publication | Management for Professionals |
| Publisher | Springer Nature |
| Pages | 133-147 |
| Number of pages | 15 |
| DOIs | |
| State | Published - 2017 |
Publication series
| Name | Management for Professionals |
|---|---|
| Volume | Part F498 |
| ISSN (Print) | 2192-8096 |
| ISSN (Electronic) | 2192-810X |
Bibliographical note
Publisher Copyright:© 2017, Springer Nature Singapore Pte Ltd.
Keywords
- Business model
- Knowledge strategy
- Open innovation
