Open Innovation

Georg Weiers
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Georg Weiers: African Development Bank

Chapter 4 in Innovation Through Cooperation, 2014, pp 59-71 from Springer

Abstract: Abstract How is innovation done today? The emergence of the entrepreneurial society has not gone unnoticed. Firms are realizing the need to open up their doors to ideas from the outside to compete with innovative start−ups and survive in a competitive market driven more and more by innovation. They are reacting to the increasing pressure from entrepreneurs and the promise of profit from external innovation. They are more open to ideas from the outside, and make better use of their own ideas. This offers new possibilities, new paths for ideas to be realised, and an alternative to entrepreneurship. It is reshaping the innovation landscape.

Keywords: Intellectual Property; Innovation Process; Open Innovation; Internal Idea; External Idea (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-3-319-00095-4_4

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