Addressing the Business Issues Through Open Innovation Initiatives

Addressing the Business Issues Through Open Innovation Initiatives

ISBN13: 9781799877936|ISBN10: 1799877930|ISBN13 Softcover: 9781799877943|EISBN13: 9781799877950
DOI: 10.4018/978-1-7998-7793-6.ch011
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MLA

Rao, N. Raghavendra. "Addressing the Business Issues Through Open Innovation Initiatives." Management Strategies for Sustainability, New Knowledge Innovation, and Personalized Products and Services, edited by Mirjana Pejic-Bach and Çağlar Doğru, IGI Global, 2022, pp. 268-287. https://doi.org/10.4018/978-1-7998-7793-6.ch011

APA

Rao, N. R. (2022). Addressing the Business Issues Through Open Innovation Initiatives. In M. Pejic-Bach & Ç. Doğru (Eds.), Management Strategies for Sustainability, New Knowledge Innovation, and Personalized Products and Services (pp. 268-287). IGI Global. https://doi.org/10.4018/978-1-7998-7793-6.ch011

Chicago

Rao, N. Raghavendra. "Addressing the Business Issues Through Open Innovation Initiatives." In Management Strategies for Sustainability, New Knowledge Innovation, and Personalized Products and Services, edited by Mirjana Pejic-Bach and Çağlar Doğru, 268-287. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-7998-7793-6.ch011

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Abstract

Many concepts are emerging in the disciplines of management and information and communication technology. One needs to identify the concepts that are useful in designing and developing the business models for addressing the business issues of an enterprise. This chapter gives an overview of the various concepts in the disciplines of management and information technology. In the present business scenario, interdisciplinary concepts are needed to develop business models under open innovation environment. An enterprise has to choose the relevant concepts from the two disciplines as per their requirements in designing business models for their open innovation initiatives.

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