How to Capture All the Advantages of Open Innovation

Henry Chesbrough, adjunct professor at the University of California Berkeley Haas School of Business, coined the term “open innovation” over a decade ago. This is the practice of sourcing ideas outside your own organization as well as sharing your own research with others. However, he says that despite a booming economy in Silicon Valley, companies aren’t executing on open innovation as well as they should. They are outsourcing, but not collaborating, and fewer value-added new products and services are being created as a result. He’s the author of the book “Open Innovation Results: Going Beyond the Hype and Getting Down to Business”.

Source : https://hbr.org/podcast/2020/01/how-to-capture-all-the-advantages-of-open-innovation

Date : January 28, 2020 at 11:53PM

Tag(s) : #DATA ENG