Open innovation in companies

Authors

  • Andrey Cyrillovich Markov The Moscow attorney office “Law and Finance”

Keywords:

Innovation, open innovation, research and development, intermediary firms, intellectual property, motivation of developers, quality management of innovations

Abstract

Under increasing competition leading economic agents try to find new means of non-price competition. In the article the trend towards open innovation strategy is considered. Th is strategy provides for widespread use of partnership links, in particular through web-based social networks. Quite oft en intermediaries are used to attract partners. Positive aspects of this strategy and some
important challenges constraining its implementation by companies (problems with the use of intellectual property, motivation of developers and problems of ensuring quality of developments) are revealed.

Author Biography

Andrey Cyrillovich Markov, The Moscow attorney office “Law and Finance”

Candidate of Economic Sciences
Place of work, post: The Moscow attorney office “Law and Finance”, manager

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Published

2024-02-08

How to Cite

Markov, A. C. (2024). Open innovation in companies. Russian Foreign Economic Journal, (3), 20–27. Retrieved from https://journal.vavt.ru/rfej/article/view/1268

Issue

No. 3 (2013)

Section

World economy

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