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…

- Henry Chesbrough

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…

- Henry Chesbrough

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

- Henry Chesbrough

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

- Henry Chesbrough