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Knowledge management as the basis of the open innovation process

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Date of Conference

December 6-7, 2022

Published In

“Exponential Technologies and Global Challenges: Moving toward a new culture of entrepreneurship and innovation for sustainable development”

Location of Conference

Virtual Edition

Authors

Medina Garcia, Victor Hugo

Abstract

The purpose of this article is to analyze the relevance of Open Innovation, based on Knowledge Management carried out by PYMES companies in Colombia. Likewise, it seeks to contextualize the reader and/or entrepreneur regarding new concepts and paradigms that imply the era of knowledge, such as Open Innovation. To carry out this study, the Google Form tool was used, which allowed for a survey directed at the owners and / or managers of existing PYMES in Colombia and researchers at the District University; this in order to demonstrate the knowledge on the part of those involved and the way to carry out aspects such as Knowledge Management, innovation and the articulation of these through external alliances, in the organization. The surveyed actors consider that innovation is important and should impact socially. Most companies carry out some type of innovation in their organizations, however, much of them still do not know the term of Open Innovation and / or fear of opening organizational knowledge to an external entity. The entity that generates the most confidence among entrepreneurs to start with Open Innovation is the university. Manufacturing PYMES in Bogotá can take advantage of the main features of Open Innovation that characterize companies in developed countries, integrating it with knowledge management, or developing AI processes applying the MEMFI methodological framework. In this way, it will strengthen its relationships and not only generating individual but collective benefits with which it will be allies, obtaining greater benefits and greater growth at the individual organizational level.

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