Lately I have been working on the literature survey about what open innovation is all about and as such I think that particular project is progressing.
I have read three books by Henry Chesbrough (two of them where he is the main author and one where he is the main editor) where he defines what “open innovation” is all about. I have started writing on a draft for the first part of the survey and I plan to publish it in the end of 2011.
Nonetheless I have come to this particular understanding so far:
- Open innovation is about identifying sources of knowledge in your enterprise’s ecosystem.
- Open innovation is about to collaborate with the sources on crystallizing the knowledge they have at hand.
- Open innovation is about dealing with investments in knowledge and ensuring licensing of the intellectual property to other vendors if they can make something of it that your enterprise can’t.
- Open innovation is about daring to do something differently than your enterprise’s competitors in order to achieve lasting competitive advantages.
- Open innovation is pending on the usage of technology since it is a necessity to gain access to the various sources of knowledge and interact with them. The source of knowledge can be on the other side of the planet and modern information and communication technology is the platform for doing so.
What can the concept of open innovation be linked to?
- Enterprise 2.0 that is the concept of redefining the enterprise while the new technologies have been made available.
- User driven innovation as it is described in the book titled “The Power of Pull”.


