Open Business Models: How to Thrive in the New Innovation Landscape
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| Author | Henry Chesbrough |
| Overview or Summary | In his landmark book "Open Innovation", Henry Chesbrough demonstrated that because useful knowledge is no longer concentrated in a few large organisations, 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, as well as license their unutilised home-grown IP to other organizations.In "Open Business Models", Chesbrough takes readers to the next step - explaining how to make money in an open innovation landscape. He provides a diagnostic instrument enabling you to assess your company's current business model, and explains how to overcome common barriers to creating a more open model. He also offers compelling examples of companies that have developed such models - including Procter and Gamble, IBM, and Air Products. In addition, Chesbrough introduces a new set of players - "innovation intermediaries" - who facilitate companies' access to external technologies. He explores the impact of stronger IP protection on intermediate markets for innovation, and profiles firms (such as Intellectual Ventures and Qualcomm) that centre their business model on innovation and IP. This vital resource provides a much-needed road map to connect innovation with IP management, so companies can create and capture value from ideas and technologies - wherever in the world they are found. |
| Availability | From Amazon here |
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- The Wealth of Knowledge: Intellectual Capital and the Twenty-first Century Organization by Thomas A. Stewart
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- Professional DotNetNuke 4: Open Source Web Application Framework for ASP.NET 2.0 (Programmer to Programmer) by Shaun Walker
- Peer Participation and Software: What Mozilla Has to Teach Government (The John D. and Catherine T. MacArthur Foundation Reports on Digital Media and Learning) by David Booth
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