The Impact of Open Innovation in the Healthcare Industry
Sofyan Ahmadi Tambunan1), Sang Ayu Made Sri Tandewi2), Azelya Odria3), John Rhey T. Deus4), Mira Habshah Shamshazreen Binti Samsulkamal5), Khairiyah Kamilah6,a)

1School of Business, IPB University, Bogor, Indonesia
2School of Business, IPB University, Bogor, Indonesia
3School of Business, IPB University, Bogor, Indonesia
4Mariano Marcos State University, College of Business Economics and Accountancy, Ilocos Norte, Philippines
5University Utara Malaysia, Kedah, Malaysia
6School of Business IPB University, Bogor, Indonesia
*Corresponding author: khairiyah-kamilah[at]apps.ipb.ac.id

Abstract

This paper aimed at studying the impact of open innovation in the healthcare industry of Indonesia, Malaysia, and Philippines. The author considered the global health issue which is the COVID-19 pandemic in conducting their study. The world is experiencing a global health crisis where the healthcare sector has been affected its operation as to the outbreak of the corona virus. However, open innovation must consider open innovation as one of the instruments to improve and enhance the capability of the healthcare industry. The findings represent how people from Indonesia, Malaysia, and Philippines the awareness of how their respective government is handling the pandemic and their level of awareness about the impact of open innovation. The obtained results contribute to the prospects of promoting adaptation and considering open innovation in the healthcare industry amidst COVID-19 outbreak

Keywords: healthcare, industry, innovation, covid-19

Topic: Economics and Management