Open Knowledge Fuelling Open Innovations in Public-Private Collaboration

Abstract

Despite recognizing the importance of knowledge in innovation, the link between publicly available knowledge and innovation remains unclear. A unified view of open innovation (OI) and the public sector's knowledge ecosystem, along with public-private collaboration, is essential. Successful knowledge-based innovation requires functional systems to overcome barriers in open knowledge and innovation. This paper emphasizes the need for consideration of open innovations converted by private sector from public sector knowledge sources. Empirical study consisted of two exemplary cases is carried out to understand how the private sector can benefit from public knowledge.