The Open Innovation Model

ICC (International Chamber of Commerce) Innovation and Intellectual Property Research Paper No. 2

28 Pages Posted: 19 Apr 2014

Date Written: April 11, 2014

Abstract

The present briefing paper aims to inform policy-makers and other stakeholders about the open innovation model, and to draw their attention to certain recent trends related to its use. The first part of this paper describes open innovation, including its origins and evolution, contrasting it with the traditional approach to R&D. In addition, it explains this model’s attractiveness for businesses in light of changes in the innovation environment, and reviews prerequisites for successful collaboration. The second part focuses on the importance of strategic knowledge management in the context of open innovation. In particular, it shows how intellectual property rights (IPRs) can facilitate the sharing of technology and of know-how, thus supporting collaborative innovation.

Keywords: Intellectual Property, Innovation, Open Innovation, SME

Suggested Citation

Brant, Jennifer and Lohse, Sebastian, The Open Innovation Model (April 11, 2014). ICC (International Chamber of Commerce) Innovation and Intellectual Property Research Paper No. 2. Available at SSRN: https://ssrn.com/abstract=2426097

Jennifer Brant (Contact Author)

Independent ( email )

No Address Available

Sebastian Lohse

Independent ( email )

No Address Available

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