GM’s Approach: Innovate Collaboratively, Integrate Tech Uniquely
The Industry Week website reported that new technology, changes in consumer preferences and an increased urgency around sustainability are propelling automotive manufacturing into a new period of innovation. As researchers in the automotive manufacturing space, General Motors charge is to innovate continuously. To do that, we need to streamline the
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To Recover Faster from Covid-19, Open Up: Managerial Implications from an Open Innovation Perspective
The Science Direct website just published a study by Henry Chesbrough which noted that Covid-19 has severely tested our public health systems. Innovation will have an important role to play in recovering from the aftermath of the coronavirus. This article discusses both how to manage innovation as part
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NASA’s Open Innovation Could Unlock The Future
The Forbes website reported that NASA is making its patent portfolio available to all inventors for free, and the world as we know it might very well be about to change. It’s an extension of the open innovation model NASA’s been building–a growing trend witnessed by others like Tesla and Ford.
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Open Innovation: More Than Supply Chain Management
In a blog on the Garwood Center for Open Innovation website Henry Chesbrough argued against conflating supply chain management with open innovation, noting that open innovation is about letting others use your ideas and technologies in their innovation (inside out) and making use of others’ ideas
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Open Innovation: Legal Hurdles of Contractual Arrangements
The Jipitec website noted that the phenomenon of Open Innovation has been gaining prominence over the last decade. Idea competitions have been used in a variety of sectors. Nevertheless, the legal issues raised by this topic have not been broadly addressed, yet. These arise from the adverse interests
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Four Innovation Methodologies
An article on the Innovation Excellence website outlined and described four evolving innovation methodologies. Closed innovation–R&D departments work in strict isolation to develop new products and new processes with the objective of developing a competitive advantage. Collaborative innovation–companies
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GE’s Open Innovation Strategy in Canada
The Intellectual Asset Management website reported that GE Licensing has announced a pilot program that will see it make GE-developed IP available for use by entrepreneurs and small businesses in the Canadian province
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The Thinker Interview: Henry Chesbrough
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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Open Innovation in Photonics
An article on the SPIE website by Henry Chesbrough and Jason Eichenholz notes that these days the leading industrial enterprises of the past are encountering remarkably strong competition from many upstarts. Surprisingly, these newcomers conduct little or no basic research on their own. Instead, they
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OpenInnovation: Past and Present
In this interview on the website Innovation Management, Henry Chesbrough discusses a few key aspects of the relatively new and challenging open innovation model: its evolution, its applicability and most importantly, its essential role in facilitating knowledge creation for the future. He describes