The Concept of Open Access

By • on August 31, 2017

The Times Higher Education website noted that openness should be the defining characteristic for collaboration in the 21st century, and the values and practices underlying successful business-university-government collaboration should be shot through with collaborative principles. “Open innovation” is one form of consensual activity. This idea, codified by Henry Chesbrough, argues that firms must be permeable in the ways in which they engage with R&D and innovation, buying in people, firms, patents and licenses where they can’t originate, or trading out licenses, joint ventures and spin-offs when they can’t successfully exploit or fund them internally. Unlike, say, open source, this is an attempt to reach profitability in a complex globalized world of knowledge, capital and asset exchanges.

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