The role of foreign ownership on open innovation in emerging economies.

Abstract: This paper addresses a gap in the open innovation in the emerging countries. The main purpose was to describe the open innovation in Russian better and contribute to academic literature. The study researches the effect of foreign ownership on open innovation in Russia. The study aims to better describe how foreign owned organizations build their open innovation network in Russia. It uses qualitative data and secondary materials. Using literature based innovation output method from six companies (three foreign owned and three domestic owned), which are actively adopting innovation and open innovation. The research concludes that there are similarities as well as differences between the collaborations of foreign owned firms and domestic owned firms. Where on the one side, foreign owned firms integrate less with local universities and form weaker and indirect relationships with the government. On the other side, foreign owned organizations collaborate largely with startups and incubators using both direct and indirect collaborations.