Abstract

Innovation and its management has been a current challenge for companies in the knowledge economy. Open innovation is a system that creates and uses synergies from sharing and collaboration. The digital economy and society support the emergence and functioning of open innovation systems. In the Slovak Republic´s environment, the management of innovations through an open mechanism is a perspective for the development of knowledge intensive business services (KIBS). These services are an important link in the value chain of the Slovak economy focused primarily on the automotive industry. The article deals with the creation of a model of open innovation in the environment of KIBS production in the Slovak Republic. Its elements and their classification are based on the results of the primary survey carried out by the Delphi method. The importance of individual elements thus reflects the priorities of innovation management of KIBS companies in the Slovak Republic. In the current theory, we do not find a model with these specifications. The presented model thus represents an original result supported by the primary research in a specific environment. The construction of the model identifies three building components of the open innovation mechanism: preparation and planning, implementation, evaluation of outputs and a value creation. They are complemented by factors, risks and effects. The model provides the possibility of measurement at the level of inputs and outputs.

Highlights

  • Innovations and its management have been a current issue for theory and practice

  • Using the chosen methodological procedure while constructing the model we answer the following research questions (RQ): RQ1: What is the position of knowledge-intensive business services (KIBS) in the Slovak economy? RQ2: Which factors of open innovation are the key ones in the conditions of KIBS in the Slovak Republic? RQ3: Which risks are the most significant for the process of organizational innovation in KIBS in the Slovak Republic? RQ4: What effects are created by the implementation of open innovation in KIBS in the Slovak Republic? The starting information for the creation of the model is the position of KIBS in the Slovak economy as a relevant environment

  • RQ 1: What is the position of KIBS in the Slovak economy? In the conditions of knowledge-based economy, the production of knowledge intensive services is a characteristic feature of advanced economies

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Summary

Introduction

Innovations and its management have been a current issue for theory and practice. The Open Innovation Mechanism is a platform that accepts this challenge. According to Baur (2017), open innovation (OI) is nothing new, but it is currently gaining more acceptance and importance precisely because of digitalization. The use of the term OI in relation to the growing trend of external cooperation was supported in particular by Chesbrough (2003), who expressed a modern view of open innovation and became the founder of this term. Šmíd (2008) defines open innovation as a tool for sustainable business development. The authors Hvizdová and Máchal (2017), Knošková (2015), Vilčeková et al (2018) deal with the factors of knowledge transfer and cooperation of subjects in the mechanism of open innovation

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