Open Innovation: Old Ideas in a Fancy Tuxedo Remedy a False Dichotomy

Paul Trott and Dap Hartmann
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Paul Trott: Delft University of Technology, The Netherlands
Dap Hartmann: Delft University of Technology, The Netherlands

Chapter 14 in Open Innovation Research, Management and Practice, 2013, pp 359-386 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionAn Examination of the Evidence of the Closed Innovation PrinciplesThe smart people in our field work for usTo profit from R&D, we must discover, develop and ship it ourselvesIf we discover it ourselves, we will get it to market firstIf we are the first to commercialize an innovation, we will winLeader/offensiveFast follower/defensiveCost minimisation/imitativeMarket segmentation specialist/traditionalIf we create the most and best ideas in the industry, we will winWe should control our (IP) so that our competitors do not profit from our ideasUsing a False Dichotomy to Introduce the Concept of Open InnovationIssues Unresolved by Open InnovationDiscussionReferences

Keywords: Innovation; Open Innovation; Technology Management; Product Development (search for similar items in EconPapers)
Date: 2013
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