Unpacking Open Innovation

Author Elias G. Carayannis: Elias G. Carayannis is Full Professor of Science, Technology, Innovation and Entrepreneurship; co-Founder and co-Director of the Global and Entrepreneurial Finance Research Institute (GEFRI); and Director of Research on Science, Technology, Innovation and Entrepreneurship, European Union Research Center (EURC) at the School of Business of the George Washington University in Washington, DC, USA. He can be reached at caraye@gwu.edu.

"An interesting book that will inform you clearly and effectively on the meaning, characteristics, and current and future research trends of open innovation. To read for every scholar and practitioner working in this field." - Francesco Schiavone, Assistant Professor of Management, University Parthenope of Naples, Italy "Unpacking Open Innovation both defines and wrestles with critical topics such as innovation (open and closed), innovativeness and inventiveness, the 'open' movement, and finally outsourcing, alliances, and intellectual property rights. It explores how these concepts relate to entrepreneurship, which is, as it has always been, the main driver of new inventions for the private sector. All in all, this collection is well worth the investment for anyone seriously interested in learning about innovation in the twenty-first century." - Detmar W. Straub, Regent's Professor, the University System of Georgia, USA; J. Mack Robinson Distinguished Professor of Information Systems, Georgia State University, USA "This book provides managers and academics with a detailed description of open innovation and examines its evolution from the first contribution of Chesbrough to the present date. The key value of the book is that it offers a comprehensive overview of open innovation, investigating its different aspects, types, and purposes, and demonstrating how, today, it has become a valuable driver of success for companies operating in hyper-competitive and global markets." - Elisa Arrigo, Assistant Professor of Management, University of Milano-Bicocca, Italy "This volume shows how open innovation can be a distinctly different approach. This book greatly advances the understanding of 'non-routine' innovation processes that look and sound a lot like open innovation but produce tremendous values for organisations. Blending together perspectives from economics, strategy and organization theory creates a wide range of examples of practically relevant processes that leaders use to execute innovation initiatives. A 'must read' for top managers in a competitive world." - Jens Mueller, Associate Professor of Entrepreneurship and Strategy, Waikato Management School, New Zealand; Professor of Governance, Cambodia Mekong University, Cambodia

• Introduction; Elias G. Carayannis, Manlio Del Giudice and Maria Rosaria Della Peruta 1. Open Innovation in Management Science; Elias G. Carayannis 2. Open vs. Closed Innovation: Speculating about the Future of Technology Management; Elias G. Carayannis 3. Invention, Inventiveness and Open Innovation; Manlio Del Giudice 4. Open Innovation or Collective Invention? Conceptualizing the Debate; Manlio Del Giudice 5. Openness that Matters. Net Generation, Higher Education and Student Entrepreneurship; Manlio Del Giudice 6. On the External Dimension of Business Knowledge Flows: 'Markets for Knowledge Resources'; Maria Rosaria Della Peruta  7. What Open Innovation is: Local Search, Technological Boundaries and Sustainable Performance in Biopharmaceutical Experimentation; Maria Rosaria Della Peruta Index