The Rise and Rise of Open Innovation and Crowdsourcing

The Rise and Rise of Open Innovation and Crowdsourcing

By • on August 5, 2022

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

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Chesbrough Awarded Viipuri Prize

Chesbrough Awarded Viipuri Prize

By • on July 12, 2022

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

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Measuring Open Innovation Practices Through Topic Modelling

Measuring Open Innovation Practices Through Topic Modelling

By • on December 15, 2021

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

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Synergetic Effects of Network Interconnections in the Conditions of Virtual Reality

Synergetic Effects of Network Interconnections in the Conditions of Virtual Reality

By • on September 8, 2021

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

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To Spur Innovation, Tech Ecosystems Can’t Afford to Overlook Academia

To Spur Innovation, Tech Ecosystems Can’t Afford to Overlook Academia

By • on August 9, 2021

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

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The New Silk Road: R&D Networks, Knowledge Diffusions, and Open Innovation

The New Silk Road: R&D Networks, Knowledge Diffusions, and Open Innovation

By • on August 5, 2021

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

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Measuring Open Innovation Practices: How Openness Relates to Firm Performance

Measuring Open Innovation Practices: How Openness Relates to Firm Performance

By • on August 4, 2021

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

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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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Open Innovation: From Understating to Future Prospects and Perspectives

Open Innovation: From Understating to Future Prospects and Perspectives

By • on March 29, 2021

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

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Dimensions of Research for Open Innovation in SMEs

Dimensions of Research for Open Innovation in SMEs

By • on January 7, 2021

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

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