Challenges of Open Innovation: The Paradox of Firm Investment in Open-Source Software

@article{West2006ChallengesOO,
  title={Challenges of Open Innovation: The Paradox of Firm Investment in Open-Source Software},
  author={J. West and S. Gallagher},
  journal={Wiley-Blackwell: R\&D Management},
  year={2006}
}
Open innovation is a powerful framework encompassing the generation, capture, and employment of intellectual property at the firm level. We identify three fundamental challenges for firms in applying the concept of open innovation: finding creative ways to exploit internal innovation, incorporating external innovation into internal development, and motivating outsiders to supply an ongoing stream of external innovations. This latter challenge involves a paradox, why would firms spend money on R… Expand
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