Tackling Societal Challenges with Open Innovation

The California Management Review posted an article by Henry Chesbrough and others which noted that open innovation has to date been driven largely by business objectives, but the imperative of social challenges has turned attention to the broader set of goals to which open innovation is relevant. This introduction discusses how open innovation can be deployed to address societal challenges—as well as the trade-offs and tensions that arise as a result. The article argues that ideas, concepts, theory, and practice on open innovation that were developed primarily for business are deeply relevant to address the grand challenges of social impact that now loom as the most important management problems of this century.

Click here to read the full article.

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