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Open Innovation: The New Imperative for Creating and Profiting from Technology

Today's shopping tips: "Be wise in purchasing ..... find best value one"

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Books

Publisher: Harvard Business School Press
List Price: $40.00
Our Price: $25.96
You Save: $ 14.04 ( 35% )
(prices subject to change)

Customer Ratings:

The information revolution has made for a radically more fluid knowledge environment, and the growth of venture capital has created inexorable pressure towards fast commercialisation of existing technologies. Companies that don't use the technologies they develop are likely to lose them.


DESCRIPTION:

Binding: Hardcover
Dewey Decimal Number: 658.514
Format: Bargain Price
Label: Harvard Business School Press
Manufacturer: Harvard Business School Press
Number Of Items: 1
Number Of Pages: 227
Publication Date: 2003-04
Publisher: Harvard Business School Press
Studio: Harvard Business School Press


SIMILAR ITEMS:

• Open Business Models: How to Thrive in the New Innovation Landscape
• Open Innovation: Researching a New Paradigm
• Wikinomics: How Mass Collaboration Changes Everything
• The Innovator's Dilemma: The Revolutionary Book that Will Change the Way You Do Business (Collins Business Essentials)
• Democratizing Innovation


CUSTOMER REVIEWS:

Customer Rating:
Summary: Grant Stanley's Review of Chesbrough's Open Innovation
Comment: Watch Video Here: http://www.amazon.com/review/R3D3OR1HUEFCDH Grant Stanley's review was made as part of a critical review assignment for the Fall 2008 Economics of Entrepreneurship seminar at the University of Nebraska at Omaha, taught by Art Diamond. (The course syllabus stated that part of the critical review assignment consisted of the making of a video recording of the review, and the posting of the review to Amazon.)
Customer Rating:
Summary: Open Innovation: The New Imperative for Creating And Profiting from Technology
Comment: HS has once again written a compelling book. Same lines as Tushman: how to use new technology and profit from it - or how to use external resources and profit from them (cf. Teece, dynamic capabilities or resource based view of the firm, and knowledge based view of the firm)
Customer Rating:
Summary: Read Open Business Models Instead
Comment: To put my response in context, I work with startup companies every day so I'm continually exposed to the importance of IP and business models and markets and markets and suppliers and distributors... many of the elements that that turn a cool idea or a cool technology into a profitable product.

From that perspective, both this book and Open Business Models are a disappointment. As I would suggest that you only read one (and in most cases the latter), I'll briefly review both here.

Open Innovation is supposed to bring attention to changing industry landscape. In this regard, it does a decent job to point out the trends in innovation and partnerships that are likely to drive companies forward. If you've missed out on IBM's reinvention of itself and are finding increasing pressures on your business, Open Innovation might give you some insight. Unfortunately, the content seems to border on obvious and, since it's thoroughly revisited in the latter book, it doesn't really make sense to read Open Innovation.

Marginally better, Open Business Models offers some simple frameworks or ideas about how to classify companies (based on their embracing of innovation and open innovation) and how companies move from one to another. While offering few or no "aha" moments, Open Business Models paints a decent roadmap of the transition, identifying pitfalls and opportunities. If you were responsible for this process in your company, it could help you understand where you are and how to get where you need to be.

If you're just looking for an insightful read and have any passing knowledge of open business models, I wouldn't bother with either. If you're responsible for this process in your company, try Open Business Models as it could be rewarding. Unless you're devouring everything you can find on the "open innovation" subject, I wouldn't really bother with Open Innovation.

Customer Rating:
Summary: Open Innovation
Comment: In many parts of the world, the researches setting off from similar thoughts may put forth similar ideas. In the gradually developing information era, accessing this information is much easier. Open Innovation appears as a book supporting the concept of outsourcing in R&D. In this book, not only benefiting from the technology, but also the activities required to achieve it are explained. So, a new vision is provided to companies' innovation processes. This book is a study supporting the rapid development of opening out with regard to innovation.
Customer Rating:
Summary: Good
Comment: This is a useful book. Open innovation is a very old idea but the author does a good job explaining what it is and how it can be helpful -- and even essential -- to an enterprise. The fact is that most companies are doing some version of this today but they could do much more. The hard part is in getting real value out of the partnerships that can be formed while overcoming internal issues, such as NIH. The author says little about these other problems that limit the effectiveness of open innovation.

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