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Bilateral Knowledge-Sharing for New Product Development Under the UN Sustainable Development Goals

Markopoulos, E; Gann, EL; (2021) Bilateral Knowledge-Sharing for New Product Development Under the UN Sustainable Development Goals. In: Advances in Creativity, Innovation, Entrepreneurship and Communication of Design. (pp. pp. 85-93). Springer Nature Green open access

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Abstract

Developing countries are characterized by various factors that feed into a vicious cycle of underdevelopment; poor education systems, low-skilled workforce, low per capita income, and unstable governments which build a weak foundation for economic prosperity and foreign investments. Moreover, there is no foundation from which innovation could transpire to drive growth. This research aims to provide a solution to this development paradox by emphasizing the urgency to address innovatively the United Nations Sustainable Development Goals (UN-SDGs) and utilize effectively the human intellectual capital of the developing countries with the support of multinational organizations. It introduces a Bilateral knowledge sharing model providing the MNCs a framework to merge local knowledge with existing expertise for the development of local market products, whilst developing the country’s human capital. Furthermore, it extends on the creation of Corporate Social Responsibility (CSR) actions for the MNCs related to the UN SDGs and 2030 Agenda.

Type: Proceedings paper
Title: Bilateral Knowledge-Sharing for New Product Development Under the UN Sustainable Development Goals
Event: AHFE 2021: Advances in Creativity, Innovation, Entrepreneurship and Communication of Design
ISBN-13: 9783030800932
Open access status: An open access version is available from UCL Discovery
DOI: 10.1007/978-3-030-80094-9_11
Publisher version: https://doi.org/10.1007/978-3-030-80094-9_11
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions.
Keywords: Multinational companies, Emerging markets, Knowledge Management, New Product Development, CSR, UN SDGs, International Business, Company Democracy
UCL classification: UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > UCL School of Management
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL
URI: https://discovery.ucl.ac.uk/id/eprint/10153253
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