Open Innovation Results
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Open Innovation Results
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Author : Henry Chesbrough
language : en
Publisher: Oxford University Press
Release Date : 2019-11-28
Open Innovation Results written by Henry Chesbrough and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-28 with Business & Economics categories.
We live in an age of exponential technology, but this is not so new. Indeed, technological innovation has been promoted so assiduously for so long that there is now a discernible pattern to its emergence known as the Gartner Hype Cycle. Open innovation is no exception. In this book Henry Chesbrough, the originator of open innovation, examines the hype behind its practice, shows where real results are taking place, and explains how companies can move beyond the hype to achieve real business results. The book begins with an exponential paradox; new technologies are emerging at an accelerating rate, yet we continue to see stagnant wages and lagging production. These realities are hard to reconcile with the promise of exponential technologies. A closer look suggests that exponential advocates are paying too little attention to the broad dissemination and absorption of a new technology before it delivers real profit and social benefit. To get valuable results from innovation, businesses must open up their innovation processes and finish more of what they start. They need to open their knowledge flows to generate new growth, and unused internal knowledge must flow openly to others to generate new revenue and future business opportunities. Many of the best known aspects of open innovation such as crowdsourcing, open source software, or innovation intermediaries are often not well connected to the rest of the organization. Using numerous real-world examples of these methods in practice, Chesbrough illustrates how they can, and must, be used in connection to the organization as a whole in order to have real long-term value. Open Innovation Results offers a clear-eyed view of the challenges and realities that limit the ability of organizations to create and profit from innovation. Whether in the largest companies or in a small business, an advanced economy or a rural village, this book charts a course to enhance organizational growth and performance.
Managing Open Innovation In Large Firms
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Author : Henry William Chesbrough
language : en
Publisher: Fraunhofer Verlag
Release Date : 2013
Managing Open Innovation In Large Firms written by Henry William Chesbrough and has been published by Fraunhofer Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Open innovation has become a widely discussed phenomenon in both the US and in Europe in the ten years that have passed since the publication of Henry Chesbrough's book "Open Innovation" in 2003. There are many examples of individual companies that have adopted open innovation. But more systematic evidence of the extent to which open innovation has been adopted is surprisingly scarce. The Garwood Center for Corporate Innovation at the University of California, Berkeley, in the US and the Fraunhofer Society in Germany have teamed up to conduct the first large sample survey of open innovation adoption among large firms that we know of. Surveying large firms in both Europe and in the US with annual sales in excess of $250 million, this survey report presents many important facts that show to which extent and how large firms are now practicing open innovation. Overall, the survey results paint a picture in which open innovation is on the rise. While firms are somewhat satisfied overall with their open innovation experience (and their satisfaction increases with more experience), there is plenty of room for improvement. For example, inbound practices are more commonly utilized than outbound practices. Individual practices are not rated all that highly in their effectiveness and individual metrics are not rated very highly either. Results indicate that firms are still early in their use and understanding of open innovation.
Open Innovation
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Author : Henry William Chesbrough
language : en
Publisher: Harvard Business Press
Release Date : 2003
Open Innovation written by Henry William Chesbrough and has been published by Harvard Business Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
This work provides a new paradigm for managing corporate research and bringing new technologies to market. It includes four case studies (Xerox-PARC), IBM, Intel, and Lucent) showing the open innovation paradigm in all its potential, and risk.
Managing Open Innovation Technologies
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Author : Jenny S. Z. Eriksson Lundström
language : en
Publisher: Springer Science & Business Media
Release Date : 2014-07-08
Managing Open Innovation Technologies written by Jenny S. Z. Eriksson Lundström and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-08 with Business & Economics categories.
Open innovation increases the profit of companies and organizations via the input and the adoption of new ideas that are transformed into new processes, products, and services. Yet, how do we ensure that adopters of such innovations focus on relevant problems and use appropriate methods? How should we manage open innovation technologies? How can we exploit distributed knowledge and inventions? And how can we promote them successfully on the market? With valuable lessons to be learned from academic research and industrial experiences of e.g. Intel, Nokia, Philips Healthcare, small municipalities, e-learning platforms and user communities, this book focuses on some of the key dimensions of open innovation and open innovation technologies. It is divided into three themes: theme 1 deals with open innovation as it is in use today, including theoretical underpinnings and lessons from related research fields. Theme 2 analyzes the use of open innovation in organizations today in order to extract best practices. Theme 3 presents forward-looking theoretical research as well as practical future uses of open innovation. Each chapter addresses the particular topics by presenting experiences and results gained in real life projects and/or by empirical research, and clearly states its purpose and how readers are supposed to benefit from it. Overall, the objectives of this book are to advance and disseminate research on systematic open innovation, and to make its results available to practitioners. Thus, the intended target audience includes the international academic community, industrial enterprises, and public authorities.
Perspectives On Supplier Innovation
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Author : Alexander Brem
language : en
Publisher: World Scientific
Release Date : 2012
Perspectives On Supplier Innovation written by Alexander Brem and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
Hardly anybody outside a company knows its products and processes better than its suppliers. Research confirms that intensive integration of suppliers in the value creation process positively influences the success of the company, particularly in highly competitive industries. This is a result of the progressing reduction in the depth of value creation of manufacturers and the increasing transfer of know-how towards suppliers. In multilevel business-to-business relationships, suppliers often have the best or the only access and comprehensive knowledge about the end users. Therefore, suppliers determine the scope of possible innovations, which most companies do not actively use. This unique volume provides a comprehensive overview of theories, concepts and especially empirical results on open innovation and the integration of suppliers. For this, authors from all over the world present their latest research results offering fascinating insights into collaborative approaches with suppliers.
Open Innovation And Business Success
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Author : Monika Gawarzynska
language : en
Publisher: diplom.de
Release Date : 2009-09-14
Open Innovation And Business Success written by Monika Gawarzynska and has been published by diplom.de this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-14 with Business & Economics categories.
Inhaltsangabe:Introduction: Innovation is a crucial topic in the study of economics, business, technology, sociology, and engineering. The questions asked in research nowadays focus not on it why innovation is important, but how to innovate and how innovation processes can be managed. Furthermore the discussion on innovation is about how to maintain strong economic growth in an era that is increasingly being defined by the globalisation of competition, major financial and demographic challenges. Recently the economy continues to upset the market and recession tempts to cut back on the investments in research and development in the organizations. But even now in spite of crisis and its impacts on the economy seems to be the perfect time to increase firms innovation efforts. The increasing competition processes and the development of Web 2.0 technologies (soon Web 3.0) are challenging the business to build more interactive relationship between the real-time market participants. The companies must nowadays find out how to achieve a competitive advantage for future. This paper presents the concept of Open Innovation, which can help public and private institutions achieve better performance or business success and at last win the competition with market rivals. Research motivation: Inspiration for this study was the report Innovation systems - the engine of the economy by Belitz and Schrooten from the German Institute for Economic Research. The authors provide in their analysis the international comparison of the national systems and examine Germany's international competitiveness, its innovation capability as well innovation performance. Researchers from one of the leading research institutes in Germany recommend bringing in action important activities for German innovation policy makers: - Investment in education with new educational approaches concepts to increase the willingness and ability for studding. - Promotion the innovation processes to large sections of the population. - Strengthening incentives for innovation. - Securing the diversity of the national innovation system. - Seizing opportunities from international integration. The DIW s suggestions are pointed out above to indicate on importance in the promotion of the innovation process and its popularization using the policy mixes. It is significant for German economy to support the innovative entrepreneurs at national as well local level. A worrying issue is that there have [...]
Open Innovation
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Author : Henry Chesbrough
language : en
Publisher: OUP Oxford
Release Date : 2008-01-17
Open Innovation written by Henry Chesbrough and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-17 with Business & Economics categories.
Open Innovation describes an emergent model of innovation in which firms draw on research and development that may lie outside their own boundaries. In some cases, such as open source software, this research and development can take place in a non-proprietary manner. Henry Chesbrough and his 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 of open innovation to prove successful, and implications for intellectual property policies and practices. The book will be key reading for academics, researchers, and graduate students of innovation and technology management.
The Impact Of Applying Open Innovation Practices On Performance Of Firms In Nanotechnology Industry
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Author : Arman Sadreddin
language : en
Publisher:
Release Date : 2015
The Impact Of Applying Open Innovation Practices On Performance Of Firms In Nanotechnology Industry written by Arman Sadreddin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
A distributed innovation process based on purposively managed knowledge flows across organization boundaries, using pecuniary and non-pecuniary mechanism in line with each organization’s business model is called Open Innovation according to Chesbrough. This thesis has two main objectives. First is to investigate the application of Open Innovation business model in nanotechnology sector both in Canada and worldwide and to compare it from different aspects. The second objective involves finding a causal relation between applying different Open Innovation practices and having better performance of firms. The thesis’ methodology involves an extensive online survey run in several countries whose results were analyzed through descriptive and inferential statistical analyses. Moreover, based on the gathered data a simulation model was created and several scenarios tested. The findings revealed that it is mostly large companies which implement Open Innovation practices, while the level of implementation is much lower among the small and medium enterprises. In Canada, these types of practices are more common in Quebec than in other provinces. European countries are known to be pioneers in Open Innovation business model, the results revealed a higher frequency of applying Open Innovation practices in European firms than Canadian firms mostly in collaborating with universities. The results of inferential statistical analysis suggest that applying both Outside-In, which is opening up company’s own innovation to other companies for any kinds of contribution, and Inside-Out, which is unused and unutilized ideas and technologies to be used by other firms and companies for their businesses, pecuniary Open Innovation practices together has a significant effect on the performance of firms in terms of an increase in technological and scientific outcomes (measured by the number of patents and articles). However, if only one type of pecuniary Open Innovation practice (either Outside-In or Inside-Out type) is applied then there is no such positive impact detected. The simulation model built in Vensim has considered four different scenarios and confirmed these findings as well and predicted the close future of the firms in this industry by applying the proposed scenarios. It is thus suggested to embrace the Open Innovation model in its entirety instead of focusing on the implementation of isolated practices.
Unpacking Open Innovation
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Author : Manlio Del Giudice
language : en
Publisher: Springer
Release Date : 2013-12-18
Unpacking Open Innovation written by Manlio Del Giudice and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-18 with Business & Economics categories.
Disintegrated or distributed innovation, collaborative innovation, collective invention, collegial innovation, free innovation, open knowledge disclosure, free knowledge disclosure: are these all the same thing? This shows us there is some confusion regarding open innovation, or at least there is a need to cast a wider net around what open innovation is all about. The prevailing thought is that open innovation allows organizations to simultaneously expand their breadth of ideas, opportunities, and know-how while minimizing the technical and market risks associated with innovation. As a result, open innovation appears to come with little down side. Del Giudice, Della Peruta, and Carayannis fill the gap in our understanding of this emerging research field of open innovation. Their work depicts the major tendencies of publications through identifying the main themes in literature and investigating the research frontier. It also discusses potentially important fields of investigation that are still left rather unexplored.
Relentless Innovation What Works What Doesn T And What That Means For Your Business
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Author : Jeffrey Phillips
language : en
Publisher: McGraw Hill Professional
Release Date : 2011-11-09
Relentless Innovation What Works What Doesn T And What That Means For Your Business written by Jeffrey Phillips and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-09 with Business & Economics categories.
You can’t ask for more than efficient, effective operations. Or can you? Given today’s business landscape—increasing customer demand, global competition, lower trade barriers—being good isn’t enough. This groundbreaking guide provides the knowledge and tools you need to transform your organization from a well-run company to a relentlessly innovative company. Innovation expert Jeffrey Phillips has helped businesses around the world achieve the dream—the implementation of innovation as a consistent business discipline. In Relentless Innovation, he reveals his secrets for the first time. Phillips argues that today’s typical business models actually impede innovation because they place so much focus on efficiency, cost cutting, and short-term gain. Does this describe your business model? If it does, you need to revisit your approach and redefine your idea of what success actually is. You may find that your “business as usual” processes actively reject innovation efforts. Relentless Innovation has everything you need to strike the right balance between efficiency and innovation. Striking that balance will help your firm: Become proactive instead of reactive Create a more engaged workforce Establish deeper capabilities to define and achieve strategic goals Increase revenues and profits while retaining efficient cost management Sustain market differentiation Improve your public reputation Increase your ability to leverage internal knowledge and external partnerships Offering the broadest view to date of the relationship between innovation and business strategy, Relentless Innovation provides you with the information and tools you need to transform innovation from an infrequent activity to a core capability in your organization. PRAISE FOR RELENTLESS INNOVATION “A thoughtful, intelligent, and practical manifesto by a highly experienced innovation professional. Phillips demonstrates with clarity and insight how organizations can assess their current innovation potential, identify vulnerabilities, and most important, create a systemic innovation-as-usual culture that can make the difference between also-ran and yes-we-can.” —Tim Hurson, author of Think Better “Relentless Innovation is a must read for innovation junkies and executives who want practical ideas on creating an innovation business-as-usual culture. Phillips has worked in the innovation trenches and shares big-win ideas on how to unleash trapped middle management potential.” —Saul Kaplan, Founder and Chief Catalyst, Business Innovation Factory “Phillips has long been in the top tier of professionals who have a clear understanding of what makes innovation work in business. This book will provide you (and your team) with proven creative strategies and practical ideas that you can use to gain greater success in your market. Relentless Innovation is highly recommended.” —Roger von Oech , author of A Whack on the Side of the Head and The Creative Whack Pack “Relentless Innovation not only outlines the barriers to innovation in a way most readers will quickly understand, it provides a prescription that, when followed, can remedy the situation before efforts stall out.” —Dominic Venturo, Chief Innovation Officer, U.S. Bank Payment Services