In a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions (i.e. patents) from other companies. In addition, internal inventions not being used in a… — Henry Chesbrough Copy Share Image
Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external… — Henry Chesbrough Copy Share Image
In a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes… — Henry Chesbrough Copy Share Image
No one has a monopoly on knowledge the way that, say, IBM had in the 1960s in computing, or that Bell Labs had through… — Henry Chesbrough Copy Share Image