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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Although the idea and discussion about some consequences (especially the interfirm cooperation in R&D) date back at least to the 60s, Open Innovation is a term promoted by Henry Chesbrough, a professor and executive director at...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Although the idea and discussion about some consequences (especially the interfirm cooperation in R&D) date back at least to the 60s, Open Innovation is a term promoted by Henry Chesbrough, a professor and executive director at the Center for Open Innovation at the University of California, Berkeley, in his book Open Innovation: The new imperative for creating and profiting from technology. The concept is related to user innovation, cumulative innovation, Know-How Trading, mass innovation and distributed innovation. "Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology". The boundaries between a firm and its environment have become more permeable; innovations can easily transfer inward and outward.
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