Term:
Innovation co-operation
Definition:
Involves active participation in joint innovation projects with other organisations. These may either be other enterprises or non commercial institutions. The partners need not derive immediate commercial benefit from the venture. Pure contracting out of work, where there is no active collaboration, is not regarded as co operation. Co operation is distinct from open information sources and acquisition of knowledge and technology in that all parties take an active part in the work.
Domain:
Industry
Source:
OECD