Tag Archives: open innovation

Factors Militating Against the Production of Local Rice in Ghana: The Mediating Role of Open Innovation (Published)

The study reports the factors militating against the production of local rice in Ghana with a mediating effect of open innovation to boost rice production. This study employs a cross-sectional survey to gather the views of 250 rice farmers. A self-administered survey questionnaire was used to collect the data. The data was analyzed using AMOS 20.0 software package. Findings from the study indicate that land tenure system, inadequate infrastructure and water control system are the factors militating against the production of local rice in Ghana. Moreover, the study found a negative relationship between land tenure system and output of rice. However, the study shows that there is a direct and positive relationship between open innovation and output of rice production in Ghana. The study, therefore, recommends that, infrastructure is provided in the rice producing areas to enhance rice production by investing in the area of road networks, rice-milling equipment such as pre-cleaners, destoners that separate stones and heavy impurities from grains, hullers, polishers, paddy separators, aspirators and graders to ensure post-harvest product quality.

Keywords: Ghana, Infrastructure, land tenure system, open innovation, water control system

Management of Open Innovation in Developing Small Businesses (Published)

Open innovation is a phenomenon that is becoming increasingly important for the theory and the practice in recent years. The reasons for this can be found in the new innovation cycles, industrial research and escalation of development costs and also the lack of resources. The phenomenon of open source has attracted researchers and practitioners of innovation. The era of open innovation starts when companies understand that if they want to commercialize their ideas, they should look for a way to bring them to the market of ideas. They need to deploy the roads outside the current businesses and to realize that their center, where the knowledge is created, does not always equal the innovations that need to be found within the company. The approach of open innovation enables innovations to move easily between the external environment and the internal process of innovation of the company. How often open innovation approach is put into practice and whether there are recognized patterns are issues that are examine by our empirical studies.

Keywords: Competition, Customers, Management, Market, open innovation, suppliers