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Open Innovation describes an emergent model of innovation in which firms draw on research and development that may be outside their own boundaries. This research and development csn take place in a firm, university, government agency, or even a non-profit open source university.
Henry Chesbrough, Wim Vanhaverbeke, Joel West and their collaborators investigate this phenomenon, linking the practice of innovation to the established body of innovation research, showing what’s new and what’s familiar in the process. Offering theoretical explanations for the use (and limits) of open innovation, the book examines the applicability of the concept, implications for the boundaries of firms, the potential for open innovation to prove successful, and implications for intellectual property policies and practices.
The book will be essential reading for academics, researchers, and graduate students of innovation and technology management.
Henry Chesbrough is Executive Director of the Center for Open Innovation at the Haas School of Business at UC Berkeley. His research focuses on managing technology and innovation. His book Open Innovation: The New Imperative for Creating and Profiting from Technology was named the best book on innovation in 2003 on NPR’s All Things Considered. Scientific American magazine named him one of the top 50 technology and business leaders for 2003. His academic work has been published in Research Policy, Industrial and Corporate Change, Research-Technology Management, Business History Review, and the Journal of Evolutionary Economics. More managerial work has been published in the Harvard Business Review, Sloan Management Review, and California Management Review.
Wim Vanhaverbeke is Professor of Strategy and Organization at the Hasselt University of Belgium, as well as a Research Fellow at the Eindhoven Center for Innovation Studies at the technical University of Eindhoven in the Netherlands. Professor Vanhaverbeke is currently working on research about external sourcing of technological capabilities, alliance networks and alliance management. He has published in international journals such as Organization Science and Organization Studies. He serves on the editorial board of the Journal of Engineering and Technology Management and the International Journal of Technology Marketing.
Joel West is Associate professor of Innovation and Entrepreneurship at the College of Business, San Jose State University. His research focuses on the competition and collaboration of ICT firms, as part of a broader research agenda on the recognition and realization of new business opportunities in technology-driven industries. His research has been published in Information Systems Research and Research Policy, among other journals. He holds a Ph.D. from the University of California, Irvine and an S.B. from the Massachusetts institute of Technology.
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