Open Innovation, or is Business War ?
A very interesting article from Venkatesh Rao about Open Innovation :
Open Innovation
The catchphrase of Henry Chesbrough’s work on innovation (a doctrine called “open innovation” and described in Open Innovation, 2003, and Open Business Models, 2006), is “not all the smart people work for you.” The key operational message that corporations seem to take away from it though, is “buy and sell intellectual property vigorously and throw some money at universities.” Somewhere along the way unfortunately, a sophisticated reconstruction of the logic of innovation becomes reduced to quick-money recipes. Part of the blame rests with Chesbrough himself, for raising and framing a very important subject, but then being somewhat timid about running with the idea to some daring conclusions. In this article, I am going to rush in foolishly where, apparently, Henry Chesbrough fears to tread. I’ll interpret the idea of open innovation as business is not war, and you’ll see where that line of reasoning takes us.
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