A Critical Review of Open Innovation in SMEs: Implementation, Success Factors and Challenges

<p><strong><em>Abstract</em></strong></p><p><em>This literature review explores the Open Innovation of SME companies, their application, success factors, impact, and challenges. The theoretical framework is built starting from the definition, a critical pillar, and Open Innovation in SME companies. The main factor in the Open Innovation process stage is finding innovative ideas and establishing network access with the external environment. Balanced, systematic, and thorough collaboration is the key to this process. Although European scholars have done it quite a lot, the study of literature on Open Innovation in SMEs still could continue to be developed. Several research results were found in studies conducted in developing countries such as China, Taiwan, and Korea, distinguishing them from similar studies in Europe.</em></p><p><strong><em>Keywords:</em></strong><em> <em>innovation; SMEs; technology; entrepreneurship; open innovation</em></em></p>

Key Growth Factors and Limitations of Photovoltaic Companies in Poland and the Phenomenon of Technology Entrepreneurship under Conditions of Information Asymmetry

Nowadays photovoltaic trade in Poland is growing rapidly due to contemporary challenges in sustainable energy. The first Polish photovoltaic firms were established in the second decade of XXI century. It was the answer of looking for new innovative energy sources including solar energy. It was necessary to change the structure of energy sources in Poland mainly based on carbon and oil & gas. The aim of this article was the identification and assessment the key opportunities and barriers to photovoltaic industry enterprises in Poland in the context of technology entrepreneurship under conditions of information asymmetry. The paper was prepared based on the results of qualitative research using the case study method. A comparative analysis was performed based on results of a study of four purposefully selected enterprises. All of them are SMEs. The research was done in 2021. The case study method allowed for comparing the analysed enterprises in pairs, which is discussed more extensively further on in the text. The research performed will lead to conclusions and recommendations for the photovoltaic sector enterprises in Poland which will allow them to act more effectively and efficiently in conditions of competing on the global market. This paper contains the characteristics of photovoltaic trade in Poland, its macro and micro environment, the opportunities and threats of this trade and key strengths and weaknesses of characterized photovoltaic enterprises in Poland. Finally, the conclusion and recommendations of discussed Polish photovoltaic trade firms in future are evaluated.

Technology Entrepreneurship

This chapter examines the growth of technology entrepreneurship in China. Compared to other professions such as public service or academia, entrepreneurship was not regarded highly in Chinese culture and was banned in the Mao era as ‘walking on the road of capitalism’. It has now become a key element of China’s innovation machine, and being an entrepreneur is an attractive career. The reforms in China’s capital market, including venture capital investment, together with policy support under the banner of mass entrepreneurship and innovation, such as access to science and research, incubators and accelerators, and entrepreneurship education, are described. The case of the emerging biotechnology/biopharmaceutical industry is used to illustrate the importance of combining technology, talent, capital, and policy in technology entrepreneurship. Selected large and rapidly growing unicorns are profiled, illustrating how entrepreneurial firms aiming to develop future technologies emerge and grow.

UPAYA PEMBELAJARAN SEJARAH DALAM MEMBENTUK KARAKTER TECHNOPRENEURSHIP BERBASIS KEARIFAN LOKAL

Education has an important role in shaping character and developing the potential contained in students. Education as a reference for instilling character values ​​so that students can implement character values ​​through their potential. One of the characters that can be developed in the world of education is the character of technopreneurship. The character of techopreneurship emphasizes the collaborative process between technological advances and entrepreneurial skills. The role of history learning can be used as a way to shape the character of technoprenurship. By learning history, students or students can develop skills that combine aspects of technology, entrepreneurship and historical values, so that the next generation of the nation has the potential to develop technopreneurshi characters, not forgetting local wisdom and the nation's historical values. The research method used is qualitative research through a literature study approach. The purpose of the research is to provide preventive efforts in preserving the historical value and local wisdom in Indonesia, especially in Banten and developing technopreneurship to promote history and local wisdom to the general public

FEASIBILITY OF TECHNOLOGY ENTREPRENEURSHIP AMONG BULGARIAN STEM STUDENTS: THE ROLE OF UNIVERSITY

Technology entrepreneurship involves the creation of a new business whose products and services are based on the application of scientific or technological knowledge. Technology entrepreneurship may play an important role for economic development in the context of increasing globalization. Little research attention has been devoted to the antecedents of the feasibility of technology entrepreneurship. The objective of this study is to identify university determinants of the feasibility of technology entrepreneurship among students enrolled in majors in the fields of science, technology, engineering and mathematics (STEM) in Bulgarian universities. The study uses a sample of 879 university students in STEM majors and applies a binary logistic regression to identify university factors related to the high feasibility of technology entrepreneurship. The results of the present study indicate that university support for entrepreneurship, industry ties and research excellence are related to the feasibility of technology entrepreneurship among Bulgarian STEM students. The empirical findings can help to devise policies and measures for enhancing the feasibility of technology entrepreneurship among STEM students.