Since “innovation” means to have something new that works in practice, companies need to somehow acquire that “new”. When they are unable to invent a new product, process or activity by themselves, companies turn to external sources in order to get a new idea that could help them improve. This means that companies need to […]
Monthly Archives
January 2015
Welcome
Open Innovation is a term coined by Henry Chesbrough in 2003. to describe a phenomenon in R&D interfirm cooperation, that is more and more present. In his seminal book “Open Innovation: The new imperative for creating and profiting from technology“, he states: “Open innovation is a paradigm that assumes that firms can and should use […]