Making Open Innovation Stick
The Business2Community website noted that the publication, in 2003, of Henry Chesbrough’s book “Open Innovation” spawned a movement that has since swept across the industrial landscape and changed forever how companies think about innovation. The ideas were not new. In some cases they date back to the 1960s to the work in inter-firm R&D collaboration and they borrow from other work on collaborative innovation, user-driven innovation and mass innovation. What Chesbrough’s book did do, very successfully, was make a compelling case for open innovation.
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