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Open Innovation And Territory

Marcin Baron

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Abstract

The chapter offers an insight into possible relations between open innovation and territory. While open innovation aims at benefiting of opening the innovation funnel and participating in business ecosystems, territorial (regional) studies and policies stress the role of tangible and intangible resources and ties available in geographical proximity. Both streams, anyway, use a similar toolkit related to knowledge and innovation management. Besides the theoretical framework, some practical examples of open innovation related territorially-bound initiatives are presented in the chapter. Afterwards an outlook on open innovation in territorial policies in Europe is provided.

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What this paper is about

The chapter offers an insight into possible relations between open innovation and territory. While open innovation aims at benefiting of opening the innovation funnel and participating in business ecosystems, territorial (regional) studies and policies stress the role of tangible and intangible resources and ties available in geographical proximity. Both streams, anyway, use a similar toolkit related to knowledge and innovation management. Besides the theoretical framework, some practical examples of open innovation related territorially-bound initiatives are presented in the chapter. Afterwards an outlook on open innovation in territorial policies in Europe is provided.

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Available abstract

The chapter offers an insight into possible relations between open innovation and territory. While open innovation aims at benefiting of opening the innovation funnel and participating in business ecosystems, territorial (regional) studies and policies stress the role of tangible and intangible resources and ties available in geographical proximity. Both streams, anyway, use a similar toolkit related to knowledge and innovation management. Besides the theoretical framework, some practical examples of open innovation related territorially-bound initiatives are presented in the chapter. Afterwards an outlook on open innovation in territorial policies in Europe is provided.

Key concepts: Open innovation, Business, Knowledge management, Funnel, Regional science, Economic geography, Industrial organization, Marketing

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