Open Innovation: a Way Forward For Small and Medium Enterprises (SME) In the Developing Countries to Become Sustainable

DOI

10.2991/msmi-16.2016.85How to use a DOI?

Keywords

Open Innovation; SME's; Green supply chain management; Sustainability; Developing countries

Abstract

Increased trend of globalization and focus on environment friendly processes and products has make it a biggest challenge for small and medium size enterprises (SME's) to play their active and equal role as compare to large multinational corporations (MNC's). SME's play a significant role in the overall supply chains around the globe and specifically in the economies of the developing countries. To meet the challenges of becoming green SME's in the developing countries need to follow business models based upon open innovation paradigm. This conceptual study reveals that by inbound knowledge sharing SME's can enhance their capabilities to mitigate environmental issues. At the same time by making inter and intra industry clusters and by using unique localized tacit knowledge they could come up with indigenous processes and products which they can

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Saeed Amer
AU  - Yun Jun
AU  - Ahmad Ayaz
PY  - 2016/08
DA  - 2016/08
TI  - Open Innovation: a Way Forward For Small and Medium Enterprises (SME) In the Developing Countries to Become Sustainable
BT  - Proceedings of the 2016 International Conference on Management Science and Management Innovation
PB  - Atlantis Press
SP  - 362
EP  - 365
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-16.2016.85
DO  - 10.2991/msmi-16.2016.85
ID  - Amer2016/08
ER  -