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In 13 open innovation

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In 13 open innovation

  1. 1. Open Innovation
  2. 2. Open Innovation  The central idea behind open innovation is that in a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions (e.g. patents) 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)
  3. 3. Open Innovation Idea Generation Selection Execution Commercialization
  4. 4. Open Innovation Idea Generation Selection Execution Commercialization
  5. 5. Open Innovation Idea Generation Selection Execution Commercialization
  6. 6. Open Innovation Idea Generation Selection Execution Commercialization Develop New ideas
  7. 7. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Develop New ideas
  8. 8. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Develop New ideas
  9. 9. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Select Successful Ideas Develop New ideas
  10. 10. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Select Successful Ideas Develop New ideas Technology Licensing IN
  11. 11. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Select Successful Ideas Develop New ideas Technology Licensing IN
  12. 12. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Select Successful Ideas Prototypes and Production Develop New ideas Technology Licensing IN
  13. 13. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Select Successful Ideas Prototypes and Production IP Licensing IN IP Licensing OUT Develop New ideas Technology Licensing IN
  14. 14. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Select Successful Ideas Prototypes and Production IP Licensing IN IP Licensing OUT Develop New ideas Technology Licensing IN
  15. 15. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Select Successful Ideas Prototypes and Production IP Licensing IN IP Licensing OUT Product brought to market Develop New ideas Technology Licensing IN
  16. 16. Open Innovation Idea Generation Selection Execution Commercialization Ideas and innovations from inside the organisation patents and innovations from outside the organisation Select Successful Ideas Prototypes and Production IP Licensing IN IP Licensing OUT Product brought to market Technology Spin-offs Develop New ideas Technology Licensing IN

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