Value Creation and Value Capture in Open Innovation

Henry Chesbrough, Christopher Lettl, Thomas Ritter · 2018 · Journal of Product Innovation Management

Summary. Open innovation research has focused on collaborative invention but neglected how actors create and capture value from these collaborations. This paper argues that understanding value creation and capture is essential for sustaining open innovation and gaining competitive advantage. The authors clarify conceptual confusion around value capture and propose a framework linking open innovation to value creation and capture processes among interdependent actors.

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@article{chesbrough-2018-value-creation-value-capture-open,
  title   = {Value Creation and Value Capture in Open Innovation},
  author  = {Henry Chesbrough and Christopher Lettl and Thomas Ritter},
  journal = {Journal of Product Innovation Management},
  year    = {2018},
  doi     = {10.1111/jpim.12471},
  url     = {https://doi.org/10.1111/jpim.12471}
}

TY  - JOUR
TI  - Value Creation and Value Capture in Open Innovation
AU  - Henry Chesbrough
AU  - Christopher Lettl
AU  - Thomas Ritter
JO  - Journal of Product Innovation Management
PY  - 2018
DO  - 10.1111/jpim.12471
UR  - https://doi.org/10.1111/jpim.12471
ER  - 

Details

DOI

10.1111/jpim.12471

Countries

United States, Austria

Regions

North America, Europe

Categories

innovation-theory, innovation-networks, general-innovation

Added

2026-04-28