Open Innovation as a Driver of Economic Development in Emerging Markets: An assessment of two Triple Helix projects in Southern Africa

From the XIII Triple Helix Conference 2015

Open Innovation as a Driver of Economic Development in Emerging Markets: An assessment of two Triple Helix projects in Southern Africa

Daniël Nel, Davis Cook

Keywords: Open Innovation; Economic development; Triple Helix;  Namibia; South Africa

 

Open Innovation activities embedded in Triple Helix collaborations are a potential source of economic growth. Two triple helix projects in Southern Africa are evaluated by analysing their influence on the creation of social capital, network expansion, firm resilience and knowledge and technology transfer. There is evidence that open innovation  in  triple  helix  configurations  contributes  to  technological  development ,  but  only  under  specific circumstances. It was found that low absorptive capacity of firms and bad IP regimes negatively affects direct technology transfer.

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