Open Innovation

This module on Open Innovation Training is part of the curriculum of critical training courses for developing leadership competencies and management talent.

Open Innovation Competencies- the ability to:

  • use external ideas as well as internal ideas, and internal and external paths to market, as the organization looksto advance its technology
  • buy or license processes or inventions (e.g. patents) from other companies
  • discern opportunity to taken internal inventions not being used in a firm’s business outside the company (e.g., through licensing, joint ventures, spin-offs)

Course Outline: Implementing Open Innovation

For who: Senior management and technical managers with planning responsibility for Open Innovation

Outline: This course will provide a thorough overview of

  • What is Open Innovation
  • What is required to implement Open Innovation
  • A framework to implement Open Innovation

Specific Topics covered include:

  • The Theory of Innovation
  • The Concept of Open Innovation
  • The Business Case for Open Innovation
  • Key Components of Open Innovation
  • Organizational culture
  • Motivational factors
  • Procedures
  • Skills
  • Structuring the Open Innovation culture
  • The imperative for Innovation Clusters
  • Employee empowerment
  • Creating procedures for Open Innovation
  • Filling the skills gaps for Open Innovation
  • The Open Innovation Framework

Recommended materials

  • Open Innovation: The new imperative for creating and profiting from technology. By Henry Chesbrough (April 2003)
  • Open Innovation: Researching a New Paradigm by Henry Chesbrough, Wim Vanhaverbeke, and Joel West (April 2008)
  • Innovation to the Core: A Blueprint for Transforming the Way Your Company Innovates by Peter Skarzynski and Rowan Gibson (Mar 2008)
  • Innovation Happens Elsewhere: Open Source as Business Strategy by Ron Goldman and Richard P. Gabriel (April 2005)
  • How to Manage Outside Innovation. By: Boudreau, Kevin J. ; Lakhani, Karim R.. MIT Sloan Management Review, Summer2009, Vol. 50 Issue 4
  • The Next Wave of Open Innovation. By: Hagel, John; Brown, John Seely. Business Week Online, 4/9/2009
  • Exploring Innovation. By David Smith (2006)
  • The Next Step in Open Innovation. By: Bughin, Jacques R.; Chui, Michael; Johnson, Brad. McKinsey Quarterly, 2008, Issue 4,
  • Identification of competencies for professionals in open innovation teams. By: Chatenier, Elise du; Verstegen, Jos A. A. M.; Biemans, Harm J. A.; Mulder, Martin; Omta, Onno S. W. F.. R&D Management, Jun2010, Vol. 40 Issue 3

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