Horizontal Open Innovation

Horizontal Open Innovation

By • on August 7, 2019

An study on the Academy of Management site noted that a key contribution of the open innovation literature is the notion that firms need to access outside sources of ideas and complementary assets. A literature has blossomed that details a variety of open innovation modes. But emergent phenomena, including “outward open innovation” in which firms

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An Open Innovation Perspective For Patent Policy

An Open Innovation Perspective For Patent Policy

By • on May 9, 2018

An article on the Intellectual Property Watch website noted that based on in-depth interviews with thirty-one entrepreneurs in the IoT space, it was found that firms lacked awareness on Open Innovation, let alone managing IP under an Open Innovation paradigm. The young firms we talked to owned patents

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Open Science and Open Innovation

Open Science and Open Innovation

By • on October 20, 2017

The SSRN website posted an abstract of a book by Joel West and Markus Perkmann: “Open Science and Open Innovation”: “We investigate how firms work with universities in the course of their innovation activities. We provide an overview of three main modes of direct interaction between

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Twelve Principles for Open Innovation 2.0

Twelve Principles for Open Innovation 2.0

By • on April 27, 2017

An article in the journal Nature noted that a new mode of innovation is emerging that blurs the lines between universities, industry, governments and communities. It exploits disruptive technologies — such as cloud computing, the Internet of Things and big data — to solve societal challenges sustainably

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How to Connect IP Management to Open Innovation

How to Connect IP Management to Open Innovation

By • on March 24, 2017

A blog on the Garfield Center for Corporate Innovation website noted that in the earliest phase of the technology lifecycle, it pays to be very open.  Neither you nor others know yet the best use of a particular technology, and no one has an appropriate business model to commercialize any applications

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Opening Your Innovation Processes

Opening Your Innovation Processes

By • on March 16, 2017

A blog on the Garwood Center for Corporate Innovation website noted that whether you are in a large organization or a small one, chances are you need to open up your innovation processes.  But in order to do this effectively, you must connect your business model to your innovation process.  Companies

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Open Science and Open Innovation

Open Science and Open Innovation

By • on March 6, 2017

The Papers.SSRN website posted a study by Markus Perkmann and Joel West which investigated how firms work with universities in the course of their innovation activities. The study gave an overview of three main modes of direct interaction between firms and universities: IP licensing, research services

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How to Build Trust in Open Innovation

How to Build Trust in Open Innovation

By • on July 30, 2016

The R&DMagazine website noted that companies today recognize the value of embracing open innovation and tapping an outside pool of experts to help them compete and grow by accelerating their innovations. At the same time, scientists, inventors, entrepreneurs and research labs see how working with

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Managing Intellectual Property with Open Innovation

Managing Intellectual Property with Open Innovation

By • on December 29, 2014

The IdeaPoke website noted that open innovation empowers new product development and has been the driving force of sustainable innovation for several companies over the decades. While it accelerates innovation and reduces time to market, open innovation poses a few challenges when it comes to managing

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The Thinker Interview: Henry Chesbrough

The Thinker Interview: Henry Chesbrough

By • on March 29, 2013

Forbes India published an interview with Henry Chesbrough, who is considered the father of open innovation. In it he discusses the development and evolution of open innovation, open business models, open services innovation, innovation communities, some of the barriers to open innovation, open innovation

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