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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