Open innovation: old ideas in a fancy tuxedo remedy a false dichotomy

Paul Trott, Dap Hartmann

Research output: Chapter in Book/Report/Conference proceedingChapter

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Abstract

The concept of „open innovation‟ has received a considerable amount of coverage within the academic literature and beyond. Much of this seems to have been without much critical analysis of the evidence. In this chapter we show how Chesbrough creates a false dichotomy by arguing that open innovation is the only alternative to a closed innovation model. We systematically examine the six principles of the open innovation concept and show how the Open Innovation paradigm has created a partial perception by describing something which is undoubtedly true in itself (the limitations of closed innovation principles), but false in conveying the wrong impression that firms today follow these principles. We hope that our examination and scrutiny of the „open innovation‟ concept contributes to the debate on innovation management and helps enrich our understanding.
Original languageEnglish
Title of host publicationOpen innovation research, management and practice
EditorsJoe Tidd
Place of PublicationLondon
PublisherImperial College Press
Pages359-386
ISBN (Print)9781783262809
Publication statusPublished - 2013

Publication series

NameSeries on technology management
PublisherImperial College Press
Number23

Keywords

  • Open Innovation,
  • Technology Transfer,
  • Innovation

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