← All articles

Photo · Gordon More

Managing Open Innovation

Henry Chesbrough · 2004 · Research-Technology Management

Summary. Industrial innovation increasingly relies on external knowledge sources and market channels, creating uncertainty in evaluating early-stage projects. Companies typically minimize false positives but neglect false negatives, losing potential value. New metrics can help firms better leverage external innovation sources and capture value from rejected projects through alternative business models.

Read the original

Cite this article

Chesbrough, H.. (2004). Managing Open Innovation. Research-Technology Management. https://doi.org/10.1080/08956308.2004.11671604

Details

DOI
10.1080/08956308.2004.11671604
Countries
United States
Regions
North America
Categories
innovation-theory, innovation-networks, general-innovation
Added
2026-04-28