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A new issue of California Management Review examines the evolving concept of Open Innovation, a paradigm launched by Adjunct Professor Emeritus Henry Chesbrough in his seminal 2003 book.
The central idea, that companies should use both external and internal ideas and paths to market and advance their technology, had a major impact on business strategy and continues to evolve.
Published at UC Berkeley’s Haas School of Business for 60 years, California Management Review seeks to share knowledge that challenges convention and shows a better way of doing business. The Fall 2024 issue of the journal includes eight articles:
Open Innovation in the Age of AI
by Marcus Holgersson, Linus Dahlander, Henry Chesbrough, and Marcel Bogers
Artificial intelligence (AI) can enhance, enable, or replace traditional open innovation (OI) practices. Learn more and watch video about OI in the age of AI.
Open Innovation’s Potential in the Metaverse: Leveraging Digital Features to Build Trust with Partners
by Lukas Falcke and Ann-Kristin Zobel
This study explores a virtual corporate-startup collaboration program in the energy industry to understand how digital feature usage facilitates trusted relationships and enables successful pilots. Read more and watch video about OI in the Metaverse.
Legitimizing Digital Technologies in Open Innovation Ecosystems: Overcoming Adoption Barriers in Healthcare
by Krithika Randhawa, Wim Vanhaverbeke, and Paavo Ritala
Drawing on multiple case studies in the healthcare industry, this article demonstrates how technology providers deploy two legitimizing practices: solution selling and issue selling. Read more and watch video about OI adoption barriers in healthcare.
Navigating Open Innovation at the European Space Agency: A Strategy for Public Organizations and Their Stakeholders
by Ntorina Antoni, Sharon Dolmans, Christina Giannopapa, and Isabelle Reymen
The ‘strategy perimeter framework,’ developed and validated at the European Space Agency, helps manage stakeholder engagement to foster collaborative innovation. Learn more and watch video about OI at the European Space Agency.
The Critical Catalyst: Getting Open Innovation Projects Right in Times of Disruption
by Wan Ri Ho, Nikolai Kazantsev, and Torbjørn Netland
Many open innovation projects fail, posing significant risks during disruptions. This article examines 12 ventilator development projects during the COVID-19 pandemic, of which only seven succeeded. Learn more and watch video about OI projects in times of disruption.
Beyond the Buzz: Unpacking the Forms and Practices of Dedicated Open Innovation Functions
by Justyna Dąbrowska, Joona Keränen, and Anne-Laure Mention
This article draws insights from interviews with senior managers in dedicated OI functions in twenty different firms. Learn more and watch video about OI functions.
Vertical Integration versus Open Innovation? From Winner Takes it All to Winners Make it All
by Sigvald Harryson and Peter Lorange
This analysis addresses the management issues of how Tesla and Porsche manage value capture and value distribution in the e-mobility industry through their contrasting approaches and strategic shifts between open innovation and vertical integration. Learn more and watch video about OI at Tesla and Porsche.
Open Innovation: Accomplishments and Prospects for the Next 20 Years
by Henry Chesbrough
An examination of three phases of the evolution of the concept of open innovation: the antecedents of Open Innvation (OI), some of the main findings from OI, and prospects for the future of OI. Learn more and watch video about OI accomplishments and prospects.
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