• Corpus ID: 109687150

Open Innovation: The New Imperative for Creating and Profiting from Technology

  title={Open Innovation: The New Imperative for Creating and Profiting from Technology},
  author={Henry W. Chesbrough},
The information revolution has made for a radically more fluid knowledge environment, and the growth of venture capital has created inexorable pressure towards fast commercialisation of existing technologies Companies that don't use the technologies they develop are likely to lose them. Key features Over the past several years, Hank Chesbrough has done excellent research and writing on the commercialisation of technology and the changing role and context for R&D. This book represents a powerful… 

Open Innovation Business Models and the Role of Interfirm Partnerships

Open innovation has become a popular topic in management literature since Chesbrough published his book with the same title in 2003 (Chesbrough, 2003). Consequently, no longer does it only exist in

Open Innovation in Management Science

The concept of open innovation was introduced by UC Berkeley professor Henry Chesbrough, who has become famous worldwide due to his work Open Innovation—The New Imperative for Creating and Profiting

Innovation and knowledge accumulation – an intellectual property rights perspective

In the recent years, a good deal of attention devoted to the emergence of the “knowledge economy”. The rapid pace of development in today’s technology-driven economic environment has resulted in

From Competition to Cooperation - Development and Practices of Open Innovation Systems

In this era of an innovation-driven knowledge economy, innovation is a key factor in the creation of enterprise competitiveness. With the pace of globalization gaining speed and market competition

Customers as the Engines of Innovation

For software producers, the options range from traditional beta tests or customer councils to such pioneering means as open-source projects or open innovation contests, all of which have one purpose: Integrating the ideas of the wider world into their research and development efforts.

New Perspectives in Technology Transfer

  • Economics
    FGF Studies in Small Business and Entrepreneurship
  • 2021
Technology and its commercialization through improved or new products are key drivers of economic development and societal wealth (Solow, 1957). While this finding dates back to the late 1950s, there

Open Innovation: Corporations Success Mantra

Open innovation is the process of searching outside a company’s walls—and even its own industry—for technology and solutions to keep it at the cutting edge. More companies now believe that open

Beyond High Tech: Early Adopters of Open Innovation in Other Industries

Companies have historically invested in large research and development departments to drive innovation and provide sustainable growth. This model, however, is eroding due to a number of factors. What

Creation Nets: Harnessing The Potential Of Open Innovation

Open innovation has become the latest management buzzword. We would have to look long and hard to find an executive who does not agree with the basic premise of open innovation that success in coming

Balancing between Inward and Outward Technology Transfer in Open Innovation Paradigm

In this paper we argue that companies need to change their corporate strategies towards more open and at the same time they should be cautious about how to deal with their technology related