Chesbrough: Inside-out and Outside-in Innovation
August 11, 2012 Editor 0
In this interview at the World Economic Forum, Henry Chesbrough explains how corporations can all benefit from open innovation. This is true both from the outside in — leveraging external ideas and technology to reduce costs and time spent in research and, more crucially, from inside out, making unused innovations more accessible to external users. To fully embrace open innovation, organizations need a change in mindsets and an acceptance that we live in a world of abundance of knowledge. It is possible to protect the original investors in research and development while still maximizing the fruits of this knowledge.
Click here to view interview video.
Categories: Open Innovation
Subscribe to our stories
- Digital transformation in the banking sector: surveys exploration and analytics August 3, 2020
- Why Let Others Disrupt You? Take the Smart Self-Disruption Journey! August 3, 2020
- 5 Tips for Crowdfunding During the Pandemic August 3, 2020
- innovation + africa; +639 new citations August 3, 2020
- SME Innovation: 10 Priorities for Support Post-COVID-19 July 7, 2020