In the past two decades, Open Innovation and its relatives, such as Open Science, have come to the fore as a paradigm contrasting with the view of innovation as something emerging from within firms. Referring to the practice of sourcing ideas from external sources and sharing valuable information widely, Open Innovation is essential to the creation of a broader innovation commons and to understanding a range of emergent phenomena that turn the traditional view on its head.
As Prof. Henry Chesbrough, Berg Professor of Open Innovation and Sustainability at LUISS University of Rome, explains in Innovation Matters, this potential is set to continue growing, as we learn more and more about how to make better use of digital and frontier technologies.
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