Innovation and technology have always worked together to accelerate human evolution and society’s development. However, emerging technologies including Artificial Intelligence (AI), Collaborative Networks (CN), Innovation Platform, automation, etc., leapfrogged this process to a new level. Through AI, Machines perform tasks related to recognition and control better than human. On the other hand, in near future “thinking”-based skills will not grantee employment and wage creation, however, considering machine lack in automating human feeling, the feeling related skills which are “soft” aspects of job could define human tasks. Current review paper aims to study the association of Open Innovation (OI) Platform as a type of CNs with Feeling Economy as a future trend of emerging economy. In view of importance of collaborative and innovative network’s role in smooth and sustainable transition from a thinking-based economy to an emotion-based economy, this work provides a clear understanding of OI and Feeling economy concepts and their inline transition and requirements based on a systematic review.