Open Innovation: The New Imperative for Creating And Profiting from Technology
| Author | : | |
| Rating | : | 4.86 (549 Votes) |
| Asin | : | 1422102831 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2017-01-12 |
| Language | : | English |
DESCRIPTION:
"First formulation of the "open innovation" idea" according to Jackal. This book is as far as I know the first book dealing with the open innovation idea. Sure nothing is totally novel under the sun. There is a lot of stuff written about outsourcing other aspects than innovation. There is work on user innovation (The Sources of Innovation). And there is the open source movement in software.Still this book was the first to use these ideas and put them. Garrett Mccutcheon said Aging and narrowly applicable advice. Open Innovation propounds the thesis that corporations should take a broader approach to innovation and IP (assuming that doing so fits within the company's business model). This book is essentially a series of case studies that the author uses to support his thesis. The first half of the book focuses primarily on Xerox and its PARC R&D facility; then the author moves on to Intel,. Important Read on Innovation BobW Innovation is a critical driver for the competitiveness of firms and the overall economy. It is also a difficult and messy process to understand. I have read most of the well-known books on innovation as I am fascinated with the topic. Chesbrough brings a coherent and useful point of view into this arena. The contribution of this book is mostly synthesizing a number of principles
Chesbrough's sophisticated but highly readable discussion of these complex issues will give managers much food for thought. . Drawing on case studies of companies like Lucent and Intel, Chesbrough suggests that companies make themselves more permeable to the flow of knowledge through such strategies as hiring professors and grad students as summer consultants, sponsoring university research, investing in and partnering with high-tech startups and venture capitalists, and disseminating their own innovations through spin-off companies or even by
. Henry Chesbrough is an Assistant Professor of Technology and Operations Management at Harvard Business School
This book represents a powerful synthesis of that work in the form of a new paradigm for managing corporate research and bringing new technologies to market Chesbrough impressively articulates his ideas and how they connect to each other, weaving several disparate areas of work R&D, corporate venturing, spinoffs, licensing and intellectual property into a single coherent framework.. Key features Over the past several years, Hank Chesbrough has done excellent research and writing on the commercialisation of technology and the changing role and context for R&D. The information revolution has made for a radically more fluid knowledge environment, and the growth of venture capital has created inexorable pressure towards fast commercialisation of existing technologies Companies that don't use the technologies they develop are likely to lose them