Fostering open innovation

By • on August 11, 2012

The website posted a summary of a study and recommendations by Henry Chesbrough and Wim Vanhaverbeke which says that innovation processes are becoming more open. The large, vertically integrated R&D labs are giving way to distributed networks of innovation which connect numerous companies and organizations into ecosystems. Public policy should follow this evolution and consider the roles of human capital, competition policy, financing, intellectual property, and public data in promoting an environment of open innovation.

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