Network Business Environment for Open Innovation in SMEs

Abstract

Keywords: open innovation, small and medium-sized enterprises (SMEs), network business environment, technological infrastructure, legal framework, model of innovation for SMEs .Abstract. The SMEs represent an important factor of growth in both developed and developing countries, into which, however, they face different obstacles in the process of innovation. This paper analyses how open communication and collaboration can help SMEs in their struggle for sustainable innovation and profitable market competition. Based on a literature review, a number of obstacles that SMEs have to overcome in their current activity and possible support to be competitive are revealed. The main benefits and particularities of implementing open innovation in SMEs are presented. The necessity of a supportive business environment for SMEs is demonstrated. An outline of an improved model for SMEs is presented.

Untapped Aspects of Innovation and Competition within a European Resilient Circular Economy. A Dual Comparative Study

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Study on Three-dimensional Geological Modeling in Xingshugang Oil Field

“…Geological model refers to the data body of underground geological features and three-dimensional spatial distribution of the reservoir [1][2][3], which can be expressed quantitatively. From the point of three-dimensional of the reservoir quantitative research, the three-dimensional model was established, which aimed to the multidisciplinary integration, three-dimensional quantification and visualization of prediction for inter-well reservoir [4,5].…”