“…However, the issue of how SME in emerging economies can benefit from open innovation practices has not been explored in depth in the literature [Khumalo, van der Lingen, 2017], and there is a need for designing requirements for an open innovation approach in these economies [Krause, Schutte, 2015]. In some cases, the need of a basis for technology transfer and knowledge management is pointed out in order to create a solid industrial network [Lehtimaki et al, 2009;Valencia-Vazquez et al, 2014;Jamett et al, 2017;Pitassi, 2012]. Such a solid network allows crossing firm boundaries and implies that both internal and external knowledge can find their way to commercialization for existing or new markets [Amponsah, Adams, 2017;Akinwale, 2018], and find potential new clients [Merino et al, 2015].…”