innovation
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open-innovation
Open innovation: the new imperative ... - Google Books
In today's information-rich environment, companies can no longer afford to rely entirely on their own ideas to advance their business, nor can they restrict their innovations to a single path to market. As a result, says Harvard Business School professor Henry W. Chesbrough, the traditional model for innovation--which has been largely internally focused, closed off from outside ideas and technologies--is becoming obsolete. Emerging in its place is a new paradigm, "open innovation," which strategically leverages internal and external sources of ideas and takes them to market through multiple paths.After having defined the boundaries and channels for openness in a firm in my previous article, it is now time to review the next important factor that influences the level of openness; The requirements and appropriateness for opening up will vary depending on the phase of the innovation process we are currently in, since some phases are more suitable for openness than others. Traditionally, the further through the stage-gates an idea has passed, the more effort has been invested in improving it and the more valuable it has become. Hence later-stage ideas are less prone to be open for external interference. Yet, this is not entirely correct – we will take a quick look at the stages and their appropriateness to open up innovation activities.
Open Innovation Forum
Open Innovation: Chesbrough promotes green OI in London
My friend David Wood (the only executive at Symbian from beginning to end) has been blogging (and tweeting ) all week at the FT Innovation 2009 conference. One of the guest speakers was Henry Chesbrough, speaking on the topic “Open Innovation: Can it save the world?” Not surprisingly, the first half of the talk was about open innovation and the second half about applying the principles of OI to green technologies. In his blog article, David reports on both halves. The first half makes a nice summary of the whole open innovation thesis, as presented in the original 2003 Open Innovation book.
By Henry W. Chesbrough In the past, internal R&D was a valuable strategic asset, even a formidable barrier to entry by competitors in many markets.
The Era of Open Innovation - The Magazine - MIT Sloan Management Review
The Clip Report: An eBook on the Future of Media In the early 1990s when I began my career in PR there were clip reports. These were physical books that contained press clips. It seems downright archaic now but that’s how I learned about the press - by cutting, pasting up and photocopying clippings. My fascination with the media never abated.
Micro Persuasion: Five Digital Trends to Watch for 2009
Whatever Happened to Silicon Valley Innovation? - BusinessWeek
Short-term thinking and increasing risk aversion have stifled the tech center's spirit. But innovators still lurk there, if you look for them By Steve Hamm Transmeta Corp. ( TMTA ) once embodied the Silicon Valley dream. Starting in 1995, the company raised more than $300 million in a nervy bid to reinvent the market for chips powering portable computers. Yet Transmeta struggled in recent years, and the grand hopes officially ended on Nov. 17, when the Santa Clara (Calif.) company agreed to be acquired by a little-known rival.