In the November 2014 edition of the Strategic Management Journal there is an interesting article about how firms learn from openness in their innovation. The article is called “Learning form openness: the dynamics of breadth in external innovation linkages“.
The article shows that there may be a double benefit from openness in innovation. Openness increases not only the innovative performance in the current period, but there is also a learning effect for future openness and therefore future performance.
Open innovation is still a relative new phenomenon, which was first desbribed in 2003 by Henry Chesbrough in his book “Open Innovation: The New Imperative for Creating and Profiting from Technology”. There are still many things to learn about the opportunities and risks. The new findings can be seen as a good addition to the opportunities and risks as they were described In the MITSloan Management Review last year in the article “Using open innovation to identify the best ideas“.
Below I have included a survey of three questions about open innovation, to see what readers of this blog think in general about open innovation.
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