In a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license process….

Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to….

No one has a monopoly on knowledge the way that, say, IBM had in the 1960s in computing, or that Bell Labs had through the 1970s in communications. W….

Most innovations fail. And companies that don’t innovate die..