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Proposal-Based Innovation: A New Approach to Opening Up the Innovation Process

Proposal-Based Innovation: A New Approach to Opening Up the Innovation Process

By • on May 5, 2020

The book Innovative Technologies for Market Leadership has a chapter on Proposal-Based Innovation which noted that  Open Innovation (OI), is widespread in nonmanufacturing industries such as software. In manufacturing, however, OI is largely rejected mainly due to high intellectual property (IP) protection requirements. This chapter describes an approach

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Open Innovation: Co-creation, and Entrapreneurship

Open Innovation: Co-creation, and Entrapreneurship

By • on April 14, 2020

The website Innovation Excellence posted an interview with Nicholas Ind author of the book Co-creating Brands in which he discusses open innovation, brands co-creation, and entrepreneurship. He notes that the balance between freedom and structure is interesting when it comes to open innovation.  Organizations

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The State of Open Innovation

The State of Open Innovation

By • on March 20, 2020

The Wall Street Journal website posted a review Henry Chesbrough’s new book, “Open Innovation Results: Going Beyond the Hype and Getting Down to Business.” On the current state of open innovation, Mr. Chesbrough sees a mixed picture. Open innovation has increased exponentially, but

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Why We Need To Disseminate Innovation

Why We Need To Disseminate Innovation

By • on December 11, 2019

An article on the Forbes website noted that the need for greater dissemination of technology was recently promoted by a report from MIT’s task force on the work for the future. This is predominantly because the majority of investment in new technology is done by a relatively small number of large companies.

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Henry Chesbrough’s Latest Book: Open Innovation Results

Henry Chesbrough’s Latest Book: Open Innovation Results

By • on December 7, 2019

The Oxford University Press website posted a description of Henry Chesbrough’s latest book, Open Innovation Results. In this book Henry Chesbrough, the originator of open innovation, examines the hype behind its practice, shows where real results are taking place, and explains how companies can

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The Relationship Between Open Innovation and Crowdsourcing

The Relationship Between Open Innovation and Crowdsourcing

By • on November 1, 2019

The Researchgate website posted an article which noted that there are two important differences between open innovation and crowdsourcing. First, the knowledge inflows/outflows of open innovation often take place between parties with ex ante contracts or other commitments. For example, technology alliances,

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How Do Leaders Embrace Stakeholder Engagement for Sustainability-Oriented Innovation?

How Do Leaders Embrace Stakeholder Engagement for Sustainability-Oriented Innovation?

By • on September 10, 2019

A chapter in the book New Leadership in Strategy and Communication demonstrates how open innovation can be applied to sustainability contexts: “In this chapter we specifically address the leadership challenges encountered in accessing the wide variety of knowledge from multiple external stakeholders.

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Innovation Management

Innovation Management

By • on February 21, 2019

A new book, “The Routledge Companion to Innovation Management,” has a chapter on Open Innovation, “A conceptual comparison of open innovation and several similar innovation models”. The chapter discusses collaborative innovation, network-based crowdsourcing, the modes of open

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Open Innovation Ecosystems

Open Innovation Ecosystems

By • on November 27, 2018

The Springer website posted a notice of the book “Open Innovation Ecosystems: Creating New Value Constellations in the Financial Sector,” saying that it explains the ecosystem as platform to innovate and co-create value in a constellation with multiple stakeholders. Sharing information

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7 Principles of Complete Co-creation

7 Principles of Complete Co-creation

By • on November 2, 2018

The YourStory website noted that traditional top-down business models based on knowledge dominance and mass-market approaches are under pressure from more open, collaborative models that directly and continuously involve customers. In a fast-moving global economy where customers are more digitally connected,

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