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Open Innovation
Author: Henry William Chesbrough
Publisher: Harvard Business Press
ISBN: 1422102831
Pages: 227
Year: 2006
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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 synthesis of that work in the form of a new paradigm for managing corporate research and bringing new technologies to market Chesbrough impressively articulates his ideas and how they connect to each other, weaving several disparate areas of work R&D, corporate venturing, spinoffs, licensing and intellectual property into a single coherent framework
Open Innovation
Author: Henry Chesbrough, Wim Vanhaverbeke, Joel West
Publisher: OUP Oxford
ISBN: 0191622729
Pages: 400
Year: 2008-01-17
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Open Innovation describes an emergent model of innovation in which firms draw on research and development that may lie outside their own boundaries. In some cases, such as open source software, this research and development can take place in a non-proprietary manner. Henry Chesbrough and his collaborators investigate this phenomenon, linking the practice of innovation to the established body of innovation research, showing what's new and what's familiar in the process. Offering theoretical explanations for the use (and limits) of open innovation, the book examines the applicability of the concept, implications for the boundaries of firms, the potential of open innovation to prove successful, and implications for intellectual property policies and practices. The book will be key reading for academics, researchers, and graduate students of innovation and technology management.
New Frontiers in Open Innovation
Author: Henry William Chesbrough, Wim Vanhaverbeke, Joel West
Publisher: Oxford University Press, USA
ISBN: 0199682461
Pages: 344
Year: 2014
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Companies have to innovate to stay competitive, and they have to collaborate with other organizations to innovate effectively. Although the benefits of "open innovation" have been described in detail before, underlying mechanisms how companies can be successful open innovators have not beunderstood well. A growing community of innovation management researchers started to develop different frameworks to understand open innovation in a more systematic way. This book provides a thorough examination of research conducted to date on open innovation, as well as a comprehensive overview of what will be the most important, most promising and most relevant research topics in this area during the next decade. "Open Innovation: Researching a new paradigm" (OUP2006) was the first initiative to bring open innovation closer to the academic community. Open innovation research has since then been growing in an exponential way and research has evolved in different and unexpected directions. As the research field is growing, it becomes increasingly difficultfor young (and even experienced scholars) to keep an overview of the most important trends in open innovation research, of the research topics that are most promising for the coming years, and of the most interesting management challenges that are emerging in organizations practicing openinnovation. In the spirit of an open approach to innovation, the editors have engaged other scholars and practitioners to contribute some of their interesting insights in this book.
A Guide to Open Innovation and Crowdsourcing
Author: Paul Sloane
Publisher: Kogan Page Publishers
ISBN: 0749463147
Pages: 240
Year: 2011-02-03
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Open innovation and crowd sourcing are the hottest topics in strategy and management today. The concept of capturing ideas in a hub of collaboration, together with the outsourcing of tasks to a large group of people or community is a revolution that is rapidly changing our culture. A Guide to Open Innovation and Crowdsourcing explains how to use the power of the internet to build and innovate in order to introduce a consumer democracy that has never existed before. If a business fails to embrace it, it is at risk of being left behind. Written by an international team of eminent thinkers, writers and practitioners in the field, A Guide to Open Innovation and Crowdsourcing covers the definition of open innovation, how to manage virtual teams and co-create with customers, how to overcome legal and IP issues and common mistakes and pitfalls to avoid. With corporate case studies and best practice advice, A Guide to Open Innovation and Crowd Sourcing is a vital read for anyone who wants to find innovative products and services from outside their organizations, make them work and overcome the practical difficulties that lie in the way.
Open Services Innovation
Author: Henry Chesbrough
Publisher: John Wiley & Sons
ISBN: 0470949333
Pages: 256
Year: 2010-12-07
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The father of "open innovation" is back with his most significant book yet. Henry Chesbrough’s acclaimed book Open Innovation described a new paradigm for management in the 21st century. Open Services Innovation offers a new approach that demonstrates how open innovation combined with a services approach to business is an effective and powerful way to grow and compete in our increasingly services-driven economy. Chesbrough shows how companies in any industry can make the critical shift from product- to service-centric thinking, from closed to open innovation where co-creating with customers enables sustainable business models that drive continuous value creation for customers. He maps out a strategic approach and proven framework that any individual, business unit, company, or industry can put to work for renewed growth and profits. The book includes guidance and compelling examples for small and large companies, services businesses, and emerging economies, as well as a path forward for the innovation industry. "Whether you are managing a product or a service, your business needs to become more open and more inclusive in order to be more innovative. Open Services Innovation will be an invaluable guide to intrepid managers who commit to making that journey." —GARY HAMEL, visiting professor, London Business School; director, Management Lab; and author, The Future of Management "I tore out page after page to share with my leaders. Chesbrough has pioneered an entire rethink of business innovation that’s rich in concept, deeply explained, with tools ready to use in every industry." —SCOTT COOK, founder and chairman of the executive committee, Intuit "Focusing on core competence often tempts managers to keep continuing what succeeded in the past. A far more important question is what capabilities are critical in the future, and Chesbrough shows how to ask and answer these issues." —CLAYTON CHRISTENSEN, Robert & Jane Cizik Professor of Business Administration, Harvard Business School, and author, The Innovator's Dilemma "To thrive, businesses will need to master the lessons of open service innovation. Here is their one-stop guidebook with important lessons clearly and compellingly presented." —JAMES C. SPOHRER, director, IBM University Programs World-Wide "Open Innovation pioneer Henry Chesbrough breaks new ground with Open Services Innovation, a persuasive argument for the power of co-creation in the world of services." —TOM KELLEY, general manager, IDEO, and author, The Ten Faces of Innovation, The Art of Innovation "With his trademark style of beautifully explained examples, Henry Chesbrough shows how open service innovation and new business models can help you escape this product commodity trap and bring you to the next level of competition." —ALEX OSTERWALDER, author, Business Model Generation "Open Services Innovation shows how a business can redefine itself as a service organisation and tap into faster growth through shared innovation." —SIR TERRY LEAHY, chief executive, Tesco "Chesbrough shows how innovating openly with a services mindset can make you a market leader." —CHARLENE LI, author, Open Leadership, and founder, Altimeter Group
Managing Open Innovation in SMEs
Author: Wim Vanhaverbeke
Publisher: Cambridge University Press
ISBN: 1108165796
Pages:
Year: 2017-05-27
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The concept of open innovation (OI) has become a very popular topic during the last decade, with an increasing number of small- and medium-sized enterprises (SMEs) embracing OI practices to gain competitive advantage. With the majority of publications focusing on large firms, open innovation in SMEs has received scant attention from both scholars and practitioners. This book seeks to correct this imbalance by providing an in-depth study for both business managers and graduate-level students. Using rich, in-depth case studies from successful companies, it examines different approaches to managing OI in order to develop practical guidelines for implementation. It also highlights important differences between OI strategies in SMEs and large companies. Its findings will be of use to those studying or working in innovation management, open innovation, small business management and entrepreneurship.
Leading Open Innovation
Author: Anne Sigismund Huff, Kathrin M. Möslein, Ralf Reichwald
Publisher: MIT Press
ISBN: 0262018497
Pages: 322
Year: 2013
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Learning from broad experience with open innovation: how it works, who contributes to it, and arenas for innovation from manufacturing to education. In today's competitive globalized market, firms are increasingly reaching beyond conventional internal methods of research and development to use ideas developed through processes of open innovation (OI). Organizations including Siemens, Nokia, Wikipedia, Hyve, and innosabi may launch elaborate OI initiatives, actively seeking partners to help them innovate in specific areas. Individuals affiliated by common interests rather than institutional ties use OI to develop new products, services, and solutions to meet unmet needs. This volume describes the ways that OI expands the space for innovation, describing a range of OI practices, participants, and trends. The contributors come from practice and academe, and reflect international, cross-sector, and transdisciplinary perspectives. They report on a variety of OI initiatives, offer theoretical frameworks, and consider new arenas for OI from manufacturing to education. Contributors Nizar Abdelkafi, John Bessant, Yves Doz, Johann Füller, Lynda Gratton, Rudolf Gröger, Julia Hautz, Anne Sigismund Huff, Katja Hutter, Christoph Ihl, Thomas Lackner, Karim R. Lakhani, Kathrin M. Möslein, Anne-Katrin Neyer, Frank Piller, Ralf Reichwald, Mitchell M. Tseng, Catharina van Delden, Eric von Hippel, Bettina von Stamm, Andrei Villarroel, Nancy Wünderlich
Open Innovation in the Financial Services
Author: Daniel Fasnacht
Publisher: Springer Science & Business Media
ISBN: 3540882316
Pages: 209
Year: 2009-02-11
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Open innovation means gathering new ideas from sources beyond organizational boundaries. It occurs when solutions to address clients’ needs are developed in collaboration and the resulting products and services are distributed through a flexible network of partners. Daniel Fasnacht’s book, the first of its kind, discusses open business models in the context of the financial services industry. He elaborates the drivers for strategic change such as increasingly sophisticated clients or demanding shareholders among other trends, including the recent global financial crisis, and explains why the transition from a closed model of operation to open innovation is vital. Various case studies illustrate how to integrate the client into the firm's innovation process and emphasize the importance of smart client segmentation and a holistic advisory model to serve clients around the globe. Leaders must develop a set of new management practices to be able to invest in multiple strategic directions. They are responsible for giving clients a remarkable experience and for creating social relationship capital based upon an open innovation culture. Open Innovation in the Financial Services provides a much-needed framework for helping to understand industry dynamics in banking and to make the most of organizational energy by using open innovation to sustain profitable growth. The book comes at the right time and offers a new mindset for business – not only for expansion strategies in general, but especially during turbulent times.
Researching Open Innovation In Smes
Author: Vanhaverbeke Wim, Roijakkers Nadine, Usman Muhammad
Publisher: World Scientific
ISBN: 9813230983
Pages: 536
Year: 2018-02-12
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The concept of open innovation (OI) has become a very popular topic during the last decade, with increasing number of SMEs embracing OI practices to gain competitive advantage. This edited volume is a timely opportunity to gather research on OI in SMEs, to investigate how OI is managed and implemented to determine the peculiarities compared to OI management in large companies, and to specify the consequences for future OI research. The book offers insights into the following topics: The state of the art on open innovation in SMEs; adopting open innovation in SMEs; interorganizational networks and innovation ecosystems; sectoral patterns of open innovation in SMEs; and measuring, evaluating and stimulating open innovation in SMEs. Contents: Introduction (Federico Frattini, Muhammad Usman, Nadine Roijakkers & Wim Vanhaverbeke) State of the Art on Open Innovation in SMEs: A Systematic Review of the Literature on Open Innovation in SMEs (Muhammad Usman, Nadine Roijakkers, Wim Vanhaverbeke and Federico Frattini) The "Hidden Costs" of Open Innovation in SMEs: From Theory to Practice (Cristina Marullo, Alberto Di Minin, Chiara De Eleonora Marco and Andrea Piccaluga) Adopting Open Innovation in SMEs: An Open Innovation Model for SMEs (Barbara Bigliardi and Francesco Galati) Adoption of Open Innovation by Small Firms to Develop Frugal Innovations for Inclusive Development (Mokter Hossain) How Do Entrepreneurial Leaders Promote Open Innovation Adoption in Small Firms? (Joon Mo Ahn, Tim Minshall and Letizia Mortara) How Do SMEs Use Open Innovation When Developing New Business Models? (Robert William Anderson, Nuran Acur and Jonathan Corney) SMEs in Inter-Organizational Networks and Innovation Ecosystems: Managing SMEs' Collaboration Across Organizational Boundaries Within a Regional Business Ecosystem (Agnieszka Radziwon and Marcel Bogers) Open Innovation Within the Low-Technology SME Sector (Lawrence Dooley and David O'Sullivan) Sectoral Patterns of Open Innovation in SMEs: Open Innovation Practices of Clustered SMEs: The Intermediate Role of Cluster Governance (Anne Berthinier-Poncet, Simona Grama-Vigouroux and Sana Saidi) Exploring Collaborative Practices Between SMEs and Designers in the Italian Furniture Industry (Claudio Dell'Era, Stefano Magistretti and Roberto Verganti) The Link Between Entrepreneurial Attributes and SME Ecosystem Orchestration: A Case from the Dutch HR Services Industry (Oana-Maria Pop, Nadine Roijakkers, Diana Rus and Marjolein Hins) Crowdfunding of SMEs and Startups: When Open Investing Follows Open Innovation (Giancarlo Giudici and Cristina Rossi Lamastra) Measuring, Evaluating and Stimulating Open Innovation in SMEs: Measuring Open Innovation in SMEs (Dylan Jones-Evans, Aineias Gkikas, Martin Rhisiart and Niall G MacKenzie) The Open Innovation Project Canvas for SMEs (Marc Steen and Wim Vanhaverbeke) Open Innovation and Public Policy in the EU with Implications for SMEs (Henry W Chesbrough and Wim Vanhaverbeke) Readership: Undergraduate students, graduate students and researchers in the field of open innovation. Keywords: Open Innovation;SME;Entrepreneur;Innovation Ecosystem;Licensing;Ip;Collaboration;Market Partner;Partnerships;Innovation Management;Business ModelReview: Key Features: Systematically addresses open innovation in SMEs Introduces specific theoretical frameworks that help us in understanding the specifics of OI in SMEs Focu
Revolutionizing Innovation
Author: Dietmar Harhoff, Karim R. Lakhani
Publisher: MIT Press
ISBN: 0262029774
Pages: 600
Year: 2016-03-11
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A comprehensive and multidisciplinary view of the emerging paradigm of user and open innovation, offering both theoretical and empirical perspectives.
Open Business Models
Author: Henry William Chesbrough
Publisher: Harvard Business Press
ISBN: 1422104273
Pages: 256
Year: 2006
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Provides a diagnostic tool for readers to assess their business model and usher it through a six-stage continuum toward openness. This book also identifies the barriers to creating open business models (such as the not invented here syndrome and the not sold here virus) and explains how to surmount them.
The Innovation Book
Author: Max Mckeown
Publisher: Pearson UK
ISBN: 1292011939
Pages: 296
Year: 2014-08-06
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INNOVATION IN ACTION The Innovation Book is your roadmap to creating powerful innovations that deliver success in a competitive world. It answers the following questions: · How do you become a more innovative thinker? · How do you lead and manage creative people? · How can you use innovation tools to get the best results? · How can you engage people with innovation? · How do you avoid pitfalls, problems and screw-ups? With a practical bite-size format, The Innovation Book will help you tackle the really important challenges and seize the most valuable opportunities. "Inspired, ambitious and complete – a must-read for anyone interested in innovation, creativity and invention." Tom McMail, Ex-Microsoft Strategic Collaborations Director & Academic Innovations Manager “Strips big ideas down to their essence, making the complicated understandable and turning the theoretical into real-world practical. Recommended.” Broc Edwards, SVP, Director of Learning & Leadership
Open Innovation
Author: Abbie Griffin, Charles H. Noble, Serdar S. Durmusoglu
Publisher: John Wiley & Sons
ISBN: 1118770854
Pages: 384
Year: 2014-10-07
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A clear, practical guide to implementing Open Innovation for new product development Open Innovation: New Product Development Essentials from the PDMA is a comprehensive guide to the theory and practice of the Open Innovation method. Written by experts from the Product Development and Management Association, the book packages a collection of Open Innovation tools in a digestible and actionable format. Real-world case studies drawn from the authors' own successes and failures illustrate the concepts presented, providing accurate representation of the opportunities and challenges of Open Innovation implementation. Key tools are presented with a focus on immediate applications for business, allowing NPD professionals to easily discern where this cutting edge development method can push innovation forward. Open Innovation assumes that companies can and should use both internal and external ideas and paths to market, permeating the boundaries between firm and environment. Innovations transfer outward and inward through purchase, licensing, joint ventures, and spin-offs, allowing companies to expand beyond their own research and dramatically improve productivity through collaboration. PDMA Essentials provides practical guidance on exploiting the Open Innovation model to these ends, with clear guidance on all aspects of the new product development process. Topics include: Product platforming and idea competitions Customer immersion and interaction Collaborative product design and development Innovation networks, rewards, and incentives Many practitioners charged with innovation have only a vague understanding of the specific tools available for Open Innovation, and how they might be applied. As the marketplace shifts dramatically to keep pace with changing consumer behaviors, remaining relevant increasingly means ramping up innovation processes. PDMA Essentials provides the tools NPD practitioners need to implement a leading innovation method, and drive continued growth.
The Open Innovation Marketplace
Author: Alpheus Bingham, Dwayne Spradlin
Publisher: FT Press
ISBN: 0132312867
Pages: 240
Year: 2011-03-25
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Many technical obstacles to effective innovation no longer exist: today, companies possess global networks that can connect with knowledge from virtually any source. Today’s challenge is to collaboratively transform that knowledge into higher-value innovation. Their book introduces groundbreaking strategies and models for consistently achieving this goal. Authors Alpheus Bingham and Dwayne Spradlin draw on their own experience building InnoCentive, the pioneering global platform for open innovation (a.k.a. "crowdsourcing"). Writing for business executives, R&D leaders, and innovation strategists, Bingham and Spradlin demonstrate how to dramatically increase the flow of high-value ideas and innovative solutions both within enterprises and beyond their boundaries. They show: Why open innovation works so well. How to use open innovation to become more agile and entrepreneurial. How to access Idea Markets more quickly, and get more value from them. How to overcome new forms of "Not Invented Here" syndrome. How to implement cultural, organizational, and management changes that lead to greater innovation. New trends in open innovation–and the opportunities they present. The authors present many new open innovation case studies, from P&G and Eli Lilly to NASA and the City of Chicago.
Open Innovation
Author: Arthur B. Markman
Publisher: Oxford University Press
ISBN: 0199374449
Pages: 248
Year: 2016-06-08
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The traditional structures of business and the workplace have changed drastically in recent years. In response, companies have continuously worked to improve their ability to generate new ideas and bring them to market by removing the common constraints on the processes of innovation. This movement of open innovation in the workforce necessitates improvements in the arenas of idea generation, evaluation, funding, and the presentation of these ideas to the marketplace in new and exciting ways. Edited by Arthur B. Markman, Open Innovation: Academic and Practical Perspectives on the Journey from Idea to Market brings together the latest scholarship on these elements with tried-and-true stories of successful applications in real-world settings. Authors explore a variety of new methods for improving idea development and processes, making this book an invaluable resource for readers as they learn how to create a supportive ecosystem for their employees and co-workers.

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