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Open Innovation: Old Ideas in a Fancy Tuxedo Remedy a False Dichotomy

In: Open Innovation Research, Management and Practice

Author

Listed:
  • Paul Trott

    (Delft University of Technology, The Netherlands)

  • Dap Hartmann

    (Delft University of Technology, The Netherlands)

Abstract

The following sections are included:IntroductionAn Examination of the Evidence of the Closed Innovation PrinciplesThe smart people in our field work for usTo profit from R&D, we must discover, develop and ship it ourselvesIf we discover it ourselves, we will get it to market firstIf we are the first to commercialize an innovation, we will winLeader/offensiveFast follower/defensiveCost minimisation/imitativeMarket segmentation specialist/traditionalIf we create the most and best ideas in the industry, we will winWe should control our (IP) so that our competitors do not profit from our ideasUsing a False Dichotomy to Introduce the Concept of Open InnovationIssues Unresolved by Open InnovationDiscussionReferences

Suggested Citation

  • Paul Trott & Dap Hartmann, 2013. "Open Innovation: Old Ideas in a Fancy Tuxedo Remedy a False Dichotomy," World Scientific Book Chapters, in: Joe Tidd (ed.), Open Innovation Research, Management and Practice, chapter 14, pages 359-386, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781783262816_0014
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