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Open Innovation Policy in National Innovation System

  • JinHyo Joseph Yun
Chapter
Part of the Management for Professionals book series (MANAGPROF)

Abstract

The use of purposive inflows and outflows of knowledge to accelerate internal innovation and to expand the markets by external use of innovation has recently become essential not only in business strategies but also national policies. According to a literature review, open innovation policies should have three aspects, namely, knowledge and technology production, distribution, and consumption. If different levels of open innovation policies are introduced into the national innovation system (NIS), different effects occur not only in the short term but also the long term. The fundamental goal of open innovation policy should be vitalizing Schumpeterian dynamics of the open innovation economy system.

Keywords

Open innovation policy National innovation system 

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Copyright information

© Springer Nature Singapore Pte Ltd. 2017

Authors and Affiliations

  • JinHyo Joseph Yun
    • 1
  1. 1.Tenured Researcher of DGIST and Professor of Open Innovation Academy of SOItmCDaeguKorea, Republic of (South Korea)

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