Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Management article
-
Reference no. SMR65305
Published by: MIT Sloan School of Management
Published in: "MIT Sloan Management Review", 2024
Length: 5 pages
Topics: Innovation

Abstract

Organizations that practice open innovation draw on external resources to develop new ideas for products and services. Since the term's introduction 20 years ago, open innovation has had many proven successes, but organizations must recognize and address a potential barrier: an inability to move knowledge across internal functional, departmental, or geographic silos. Author Henry Chesbrough suggests ways to overcome the obstacles imposed by these organizational boundaries.

About

Abstract

Organizations that practice open innovation draw on external resources to develop new ideas for products and services. Since the term's introduction 20 years ago, open innovation has had many proven successes, but organizations must recognize and address a potential barrier: an inability to move knowledge across internal functional, departmental, or geographic silos. Author Henry Chesbrough suggests ways to overcome the obstacles imposed by these organizational boundaries.

Related