International Trade and Finance Partnership Model for Oil Companies

Implementation and adoption of an open innovation approach provides the stage of improving the business model, using intellectual assets, profitable exchange of technical knowledge and patents, and developing formal and informal cooperation networks. These business models set the stage of gaining and applying foreign knowledge and ideas cheaply and utilizing market opportunities for innovator companies with the open model. The development of open innovation requires the development of cooperation networks. So, an international trade partner issue is raised to reach open innovation. Organizations relationship is among important issues that have drawn the attention of researcher in the recent years and they have tried to elaborate strategies pertaining to this issue and management of these relations and show its effects on learning and performance of companies. In this book, we are seeking to find an International partner selection model for oil companies of IRAN. The statistical population consists of all managers and top executives in companies operating in the oil industry.