Henry  Chesbrough, PhD

Henry Chesbrough, PhD

University of California, Berkeley Haas School of Business

Faculty Director, Garwood Center for Corporate Innovation | Adjunct Professor | Mike and Carol Meyer Fellow

Expertise: technology managementInnovation StrategyCorporate InnovationOpen InnovationBusiness DevelopmentManaging Intellectual PropertyIndustry Evolution

Henry Chesbrough, who coined the term “open innovation,” is faculty director of the Garwood Center for Corporate Innovation at Berkeley Haas. His research focuses on technology management and innovation strategy. He also teaches at Esade Business School at Spain’s University Ramon Llull. He has been an adjunct professor at the Harvard Business School and previously served as product manager and vice president of marketing at Quantum Corporation, a manufacturer of data storage devices and systems. He earned a BA in economics from Yale University, an MBA from Stanford University, and a PhD in business administration from Berkeley Haas.

Open innovation is a paradigm that assumes that firms can and should use external and internal ideas and paths to market to advance their technology. The central idea behind open innovation is that—in a world of widely distributed knowledge where the boundaries between a firm and its environment have become more permeable—companies cannot afford to rely entirely on their own research but should instead buy or license processes or inventions from other companies. In addition, internal inventions not being used in a firm’s business should be taken outside the company (e.g., through licensing, joint ventures, spin-offs).


Title

Cited By

Year

Open innovation: The new imperative for creating and profiting from technology

24191

2003

Open innovation: The new imperative for creating and profiting from technology

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2003

The role of the business model in capturing value from innovation: evidence from Xerox Corporation's technology spin‐off companies

6631

2002

Open innovation: Researching a new paradigm

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2006

The era of open innovation

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2006

Open innovation: Researching a new paradigm

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2006

Business model innovation: opportunities and barriers

4976

2010

Open business models: How to thrive in the new innovation landscape

4536

2006

Open business models: How to thrive in the new innovation landscape

4536

2006

Beyond high tech: early adopters of open innovation in other industries

2738

2006

Open innovation: a new paradigm for understanding industrial innovation

2676

2006

Open R&D and open innovation: exploring the phenomenon

2556

2009

Open R&D and open innovation: exploring the phenomenon

2556

2009

Business model innovation: it's not just about technology anymore

2223

2007

The future of open innovation

2111

2010

Open innovation and strategy

1829

2007

When is virtual virtuous? Organizing for innovation

1694

1998

A research manifesto for services science

1467

2006

Why companies should have open business models

1382

2007

Explicating open innovation: Clarifying an emerging paradigm for understanding innovation

1316

2014

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The development of an openly innovative approach means that companies can be spun off from large corporates or they can emerge independently. The open innovation model results in a more profitable route to innovation. This is due in the main to reduced costs, accelerated time to market and increased market differentiation.

- The Pioneer Trail Towards Open Innovation

One of the key elements of open innovation is collaboration. By seeking out external partners with capabilities that complement and synergise with their inhouse expertise, business owners can move more quickly to plug gaps in their value chain, develop better products and services, colonise a niche in existing markets, and even expand into new markets. Read more from Asian Scientist Magazine at: https://www.asianscientist.com/2018/10/features/ipi-singapore-innovate-collaborate-research-development/

- To Innovate, Why Not Collaborate

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