The Institute for Manufacturing (IfM) of the University of Cambridge shared their lessons from studying multinational companies in a report.
It starts of with a quote from the 'father' of Open Innovation: Henry Chesbrough.
Open innovation is... “the use of purposive inflows and outflows of knowledge to
accelerate internal innovation, and expand the markets for external use of
innovation, respectively.” (Henry Chesbrough, 2003)
It further goes into:
- What does open innovation mean?
- Enablers and obstacles to open innovation
- How to build an open innovation culture
- How to set up open innovation procedures
- How to acquire open innovation skills
- How to motivate employees
- A framework on how does this all fit together
And it gives an interesting overview of reasons companies indicated to have for adopting Open Innovation