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What is Firm

The Role of Knowledge Transfer in Open Innovation
An entity/organization that produces and/or sells goods and/or services for household consumption in order to make a profit.
Published in Chapter:
Intermediates of Open Innovation in the Aquaculture Industry: A Glimpse at Knowledge Transfer and Trends
Jorge Ramos (University of Algarve, Portugal) and Pedro Pousão Ferreira (Portuguese Institute for the Ocean and Atmosphere, Portugal)
Copyright: © 2019 |Pages: 20
DOI: 10.4018/978-1-5225-5849-1.ch010
Abstract
Aquaculture appears to be the most adequate and logical way to suit the protein production problem. Basically, because unlike fisheries that are highly unpredictable, aquaculture rearing is based upon production protocols. This chapter developed an argument supporting the above rationale. As it stands, the evidence suggests that with the current use of information technology, it becomes a common practice to exchange aquaculture knowledge between firms, research bodies, or non-governmental organizations. The interaction between the whole set of stakeholders, where a broad range of know-how and intermediate products and services are developed, generates innovation. Sharing know-how creates open innovation. Open innovation, by its turn, seeks efficiency and generates more sustainable production processes. The way knowledge transfer is delivered and its trends are dependent upon dimensions such as economic, social, and cultural factors.
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Social Capital and Innovation Performance in Firms
Business organization in the form of a limited company, corporation, or partnership that makes a profit through selling goods or services.
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Financial Literacy in Entrepreneurship Education: Inclusion Strategy for Small Entrepreneurs
A group of persons organized for some end or work; an organized structure or whole for a business or administrative concern united and constructed for a particular end.
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