Two top thinkers in the fields of innovation and intellectual property from the Haas School have contributed articles to a new special issue of California Management Review (CMR), the school’s peer-reviewed business journal.
The special summer 2013 issue on intellectual property management was published in collaboration with the European Patent Office.
In one article, Professor David Teece, faculty director of the Haas School's Institute for Business Innovation, stresses the importance of integrating intellectual property (IP) management into corporate strategy and business model design...
Open Innovation (Wikipedia) - Chesbrough
The central idea behind open innovation is that, in a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions (i.e. patents) from other companies. In addition, internal inventions not being used in a firm's business should be taken outside the company (e.g. through licensing, joint ventures or spin-offs).
The open innovation paradigm can be interpreted to go beyond just using external sources of innovation such as customers, rival companies, and academic institutions, and can be as much a change in the use, management, and employment of intellectual property as it is in the technical and research driven generation of intellectual property.