—The aim of this paper is to provide an overview of
the recent developments that have been made in the area of
innovation management in the food industry. The paper tackles
particularly open innovation and how it has been applied in the
food industry. Open innovation is the strategy adopted by
companies where they get to share certain levels of technology
up to some levels as a way of continued and improved
productivity in the food sector. The continued research by
companies has made them realize that it would be cheaper to
share some of the knowledge and skills that have already been
made in the food industry, and in order to do so, certain rules
have been made to govern the sharing of the particular skills and
knowledge. This has involved measures such as companies
licensing their set of research skills and sharing them or selling
them when they see it necessary. This paper also highlights how
various bodies contribute to creativity and innovations being
carried out in the food industry.
—Innovation management, food industry, open
innovation, academia, SMEs.
Saeed Samadi is with the Food Biotechnology Department, Research
Institute of Food Science & Technology, Mashhad, Iran (e-mail: s.samadi@
Cite:Saeed Samadi, "Open Innovation Business Model in the Food Industry:
Exploring the Link with Academia and SMEs," Journal of Economics, Business and Management vol. 2, no. 3, pp. 209-213, 2014.