Open Innovation

At the same time that the open source movement is accelerating, the trend of open innovation is also picking up speed.  This makes perfect sense because at a time when innovation is essential to the success of every business, few companies can afford to follow the traditional “closed innovation” model that rejects any ideas that were “not invented here.”

The foremost expert on this subject is Henry W. Chesbrough, who is a consultant and a professor at University of California at Berkeley’s Haas Business School, where he runs a c.....