Book description
In his landmark book Open Innovation, Henry Chesbrough demonstrated that because useful knowledge is no longer concentrated in a few large organizations, business leaders must adopt a new, "open" model of innovation. Using this model, companies look outside their boundaries for ideas and intellectual property (IP) they can bring in,…
Why read it?
1 author picked Open Business Models as one of their favorite books. Why do they recommend it?
In his breakthrough book, Henry Chesbrough described how companies are increasingly looking outside their boundaries for ideas and technologies they can bring in, as well as license their underutilized intellectual property to other organizations.
What I love about it is that Chesbrough applies the open innovation philosophy to actual business settings and explains how to create value in an open innovation landscape. The book includes a diagnostic instrument that helps a company assess its existing business model and explains how to overcome common barriers to creating a more open model.
The overall message for companies moving forward is that they…
From Charles' list on collaborative innovation.
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