Using Open Innovation to Identify the Best Ideas

Andrew King, Karim R. Lakhani · 2013 · MIT Sloan management review

Summary. Open innovation—sourcing ideas and selection from outside organizations—offers companies access to diverse knowledge and higher-quality solutions. The authors identify three strategic choices: opening idea generation, idea selection, or both. Success requires understanding what to open and managing new challenges like contracting with external contributors, shifting cost and risk to idea generators, and aligning outsider incentives with company goals.

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King, A., & Lakhani, K. R.. (2013). Using Open Innovation to Identify the Best Ideas. MIT Sloan management review. https://dialnet.unirioja.es/servlet/articulo?codigo=4409901

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Categories: innovation-theory, innovation-networks, general-innovation
Added: 2026-04-28