Open Innovation
I have been doing some research in to the role of internal R&D and innovation in large corporations. Slightly behind the times I came across Open Innovation by Henry Chesbrough via Amazon. The core of the idea is expressed in this interview that he gave to IdeaFlow Creativity & Innovation IdeaFlow - Corante:
This distinction between open and closed innovation is at the heart of the book. Closed Innovation is fundamentally about scarcity of useful knowledge. In order to do anything, you have to do everything. It is inwardly focused, and deeply vertically integrated. It takes little or no notice of external knowledge and resources. Open Innovation is fundamentally about operating in a world of abundant knowledge, where "not all the smart people work for you", so you better go find them, connect to them, and build upon what they can do. It seeks ways to build upon and leverage external knowledge, and focuses internal activities upon filling in the gaps, and integrating internal and external knowledge into useful systems.�
IdeaFlow has just joined my Powermarked list of must reads. Chesbrough's book is at this very moment being Amazoned to my parents in the UK (no Russia branch just yet) where it will be great I'm hiding reading.
18 December 2003
Open Innovation
I have been doing some research in to the role of internal R&D and innovation in large corporations. Slightly behind the times I came across Open Innovation by Henry Chesbrough via Amazon. The core of the idea is expressed in this interview that he gave to IdeaFlow Creativity & Innovation IdeaFlow - Corante:
This distinction between open and closed innovation is at the heart of the book. Closed Innovation is fundamentally about scarcity of useful knowledge. In order to do anything, you have to do everything. It is inwardly focused, and deeply vertically integrated. It takes little or no notice of external knowledge and resources. Open Innovation is fundamentally about operating in a world of abundant knowledge, where "not all the smart people work for you", so you better go find them, connect to them, and build upon what they can do. It seeks ways to build upon and leverage external knowledge, and focuses internal activities upon filling in the gaps, and integrating internal and external knowledge into useful systems.�
IdeaFlow has just joined my Powermarked list of must reads. Chesbrough's book is at this very moment being Amazoned to my parents in the UK (no Russia branch just yet) where it will be great I'm hiding reading.
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