How to Appropriate Value from General-Purpose Technology by Applying Open Innovation

How to Appropriate Value from General-Purpose Technology by Applying Open Innovation

By • on September 9, 2021

The California Management Review noted that artificial intelligence increasingly attracts attention and investments. However, appropriating value from this general-purpose technology (GPT) can be difficult. To understand these challenges, this article analyzes why IBM failed to generate significant profits from IBM Watson Health despite its promising

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Evolving a Value Chain to an Open Innovation Ecosystem

Evolving a Value Chain to an Open Innovation Ecosystem

By • on June 8, 2021

The California Management Review posted an article which noted that while open innovation ecosystems allow a firm to harness external sources of value creation, these external ties can also constrain its ability to adapt its innovation strategy to pursue new opportunities. This article looks at how an

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Open Innovation for Wicked Problems: Using Proximity to Overcome Barriers

Open Innovation for Wicked Problems: Using Proximity to Overcome Barriers

By • on June 3, 2021

The California Management Review posted an article which noted that open innovation is a viable strategy to solve wicked problems. However, the complexity of these types of problems renders the management of open innovation initiatives (even) more difficult. How can managers make open innovation for

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Tackling Societal Challenges with Open Innovation

Tackling Societal Challenges with Open Innovation

By • on May 27, 2021

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

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Evolving a Value Chain to an Open Innovation Ecosystem

Evolving a Value Chain to an Open Innovation Ecosystem

By • on December 4, 2020

The California Management Review posted an article which noted that while open innovation ecosystems allow a firm to harness external sources of value creation, these external ties can also constrain its ability to adapt its innovation strategy to pursue new opportunities. This article looks at how an

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Open Innovation: Research, Practices, and Policies

Open Innovation: Research, Practices, and Policies

By • on March 12, 2018

The California Management Review website posted an article which noted thatĀ open innovation is now a widely used concept in academia, business, and policy making. This article describes the state of open innovation at the intersection of research, practice, and policy. It discusses some key trends (e.g.,

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By • on January 16, 2018

The ResearchGate website posted an article by Henry Chesbrough, Marcel Bogers and Carlos Moedas “Open Innovation: Research, Practices, and Policies” which noted thatĀ  open innovation is now a widely used concept in academia, business, and policy making. This article describes the state of

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