Open Innovation Researching a New Paradigm

Open Innovation describes an emergent model of innovation in which firmsdraw on research and development that may lie outside their own boundaries. Insome cases, such as open source software, this research and development can takeplace in a non-proprietary manner.Henry Chesbrough and his collaborators investigate this phenomenon, linking thepractice of innovation to the established body of innovation research, showingwhat's new and what's familiar in the process. Offering theoretical explanationsfor the use (and limits) of open innovation, the book examines the applicabilityof the concept, implications for the boundaries of firms, the potential of openinnovation to prove successful, and implications for intellectual propertypolicies and practices.The book will be key reading for academics, researchers, and graduate studentsof innovation and technology management.