The Rise and Rise of Open Innovation and Crowdsourcing
The Good Men Project reported that there is a powerful surge towards open innovation and crowdsourcing. The next step beyond collaboration is open innovation; a concept developed by Henry Chesbrough to describe the process of harnessing external resources to work alongside your team to develop new products and services. This is something that many leading
Comments Off on The Rise and Rise of Open Innovation and Crowdsourcing • Read this story »
More Articles
Chesbrough Awarded Viipuri Prize
The Lut University website announced that Henry Chesbrough, professor at the Haas School of Business University of California, Berkeley, has won the Viipuri Prize which is awarded approximately every other year to a distinguished international researcher whose work significantly influences education
Comments Off on Chesbrough Awarded Viipuri Prize • Read this story »
Measuring Open Innovation Practices Through Topic Modelling
The Science Direct website noted that despite the popularity of open innovation in recent years, studies examining the impact of open innovation upon firm performance have shown mixed results. The results of this study show that a firm’s overall openness level is associated with improved financial
Comments Off on Measuring Open Innovation Practices Through Topic Modelling • Read this story »
Synergetic Effects of Network Interconnections in the Conditions of Virtual Reality
An article in the Journal of Entrepreneurship, Management and Innovation noted that Henry Chesbrough uses the funnel to describe the innovation process, the continuous and intermittent boundaries, which clearly demonstrate the essence of yesterday and today’s foundations of open networking. According
Comments Off on Synergetic Effects of Network Interconnections in the Conditions of Virtual Reality • Read this story »
To Spur Innovation, Tech Ecosystems Can’t Afford to Overlook Academia
The Calcalistech website noted that large companies are more aware of the fact that they can’t just rely on their R&D and should turn to academics to acquire new technologies and know-how. Harvard Professor Henry Chesbrough termed this equation “Open innovation.” The European Commission recognized
Comments Off on To Spur Innovation, Tech Ecosystems Can’t Afford to Overlook Academia • Read this story »
The New Silk Road: R&D Networks, Knowledge Diffusions, and Open Innovation
This Special Issue of the journal R&D Management aims to highlight the need to expand our understanding of new paradigms for cultivating innovation development along the “New Silk Road” enabled by the “Belt and Road” initiative (BRI) of the Chinese government that connects traditional
Comments Off on The New Silk Road: R&D Networks, Knowledge Diffusions, and Open Innovation • Read this story »
Measuring Open Innovation Practices: How Openness Relates to Firm Performance
The Academy of Management posted a study by Henry Chesbrough and Qinli LU which employed an unsupervised learning technique (i.e. topic modelling) that utilizes natural language processing to extract information on companies’ open innovation practices from their annual reports. Their approach allows
Comments Off on Measuring Open Innovation Practices: How Openness Relates to Firm Performance • Read this story »
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
Comments Off on Tackling Societal Challenges with Open Innovation • Read this story »
Open Innovation: From Understating to Future Prospects and Perspectives
The Pakistan Research Database website noted a study which tries to encompass the development of open innovation concept from 2003 till now. In last decade, since the publication of the book “Open Innovation” by Chesbrough, the idea of open innovation has received extensive interest by scholars as
Comments Off on Open Innovation: From Understating to Future Prospects and Perspectives • Read this story »
Dimensions of Research for Open Innovation in SMEs
The ICI Global website noted that although the benefits of open innovation have been described in many studies, the underlying mechanisms of how companies can be successful open innovators have not be understood well. A growing community of innovation management researchers started to develop different
Comments Off on Dimensions of Research for Open Innovation in SMEs • Read this story »