An innovationis the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organizational method in business practices, workplace organization or external relations. Open innovation is now a widely used concept in academia, business, and policy making. Innovation platforms at each level should be linked to feed ideas and information up, down and side-ways (Brief 9). 0000009862 00000 n 0000001546 00000 n 76 0 obj <>stream 0000010935 00000 n According to Mr. Chesbrough, Open Innovation is the use of internal and other companies' ideas to … His book, “Open Innovation: The New Imperative for creating and Profiting from Technology” (Harvard Business School Press, 2003), provides a detailed description of the open innovation model. Sustaining innovation. 0000002270 00000 n This article describes the state of open innovation at the … Towards a Theory of Innovation andInteractive Learning, Perspectives on Innovation in Organizations, A Suggested Interpretation of the Determinants and Directions of Technical Change, Information Flow in Research and Development Laboratories, Technical Communication in R&D Laboratories: The Impact Of Project Work Characteristics, mechanisms for accessing technology and innovation strategies, Why ‘Open Innovation’ is Old Wine in New Bottles, Do Firms in Incubation Innovate, Too? 0000003797 00000 n innovation platforms at several levels (community, district, national) to address problems at each one. Evidence from Portugal. 0000000016 00000 n 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. Yet too many leaders talk up the importance of innovation as a catalyst for growth and then fail to act when it comes to shifting people, assets, and management attention in support of their best ideas. ��0Ygb���3�����E�����!7:z+��#vks�2R;k�n�G���Ū2�����JY�-(G\�c�������+T$@����=�L� V���Tz*�]z6Mu@��1�*��A���6�ѻG�>N)�Ci���itj�����ǤM ��;�^�V5�Cų���D���Sbqҳ��q3DǗ|�/��U����Ů����L���b����*��j���~��WZoi}l����p�2m���:���v>Z��m_����h��=�y�H���+�����s� �7�����(�-C�����'��ܶo����GO�s���K0[�n��?�q �^����]��q��Q�l˙�x��k8�_� ���f ABOUT THE OPEN INNOVATION PLATFORM The OIP is a virtual platform that connects and matches challenges of Problem Owners to a pool of Problem Solvers. Dr. Henry Chesbrough is a co-founder of the Open Innovation Community and created the theory and coined the term "open Innovation." The term open innovation is said to have been coined by Professor Henry Chesbrough in his book Open Innovation: The New Imperative for Creating and Profiting from Technology . <<90B05EB8151EFA42BAD2BDBB0E624DA3>]/Prev 233708>> endstream endobj 58 0 obj <> endobj 59 0 obj <> endobj 60 0 obj <> endobj 61 0 obj <> endobj 62 0 obj <>stream 50 0 obj <> endobj 0000083399 00000 n Open Innovation was defined as the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively (Henry Chesbrough, 2003). Introduction. to show the different definitions used in research today in Open Innovation. 0000004157 00000 n 0000052332 00000 n ���q�Թ��`�;J��܁�ܩ�Ƒ���@{L2��Y���v �^�S݉�WP9�zNBO�U�$�5�Tn�M&�2¢������:�2�c,�NXb����#�E5.av��M��n���*-�@���}�O?7H�. 50 27 H��VKOA�ϯ�q#�0�=��� !Q���*�.��$@���?�^{7��1 Q��=�? 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