Open innovation and public policy in Europe
The site of the European Commission’s Innovation Union reports on a presentation to be given by professor Henry Chesbrough on “Open Innovation and public policy in Europe” on Dec. 6 in Brussels. The article notes that industrial innovation processes are becoming more open. The large, vertically integrated R&D laboratory systems of the 20th century are giving way to more vertically disintegrated networks of innovation that connect numerous companies into ecosystems. Since innovation policy ultimately rests on the activities and initiatives of the private sector, it is vital that policy follows this evolution. New research and analysis on open innovation results in a series of recommendations for public policies that could, if implemented, improve the climate for open innovation to take place in the European Union.
Click here to read more about the presentation and the Innovation Convention.