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How to Create Smart Villages shows how large corporations and startups can take upon the responsibility in solving villagers' needs while tapping into exciting growth markets -- in cooperation with academia, NGOs, and governments.
* Bestselling author and the "father of Open Innovation" is back with his most expansive, most generally appealing book on Open Innovation in Services. * Shows how to develop new business models in a world moving toward a service economy.
In his landmark book Open Innovation, Henry Chesbrough demonstrated that because useful knowledge is no longer concentrated in a few large organizations, business leaders must adopt a new, open model of innovation. Using this model, companies look outside their boundaries for ideas and intellectual property (IP) they can bring in, as well as license their unutilized home-grown IP to other organizations.In Open Business Models, Chesbrough takes readers to the next stepexplaining how to make money in an open innovation landscape. He provides a diagnostic instrument enabling you to assess your companys current business model, and explains how to overcome common barriers to creating a more open model. He also offers compelling examples of companies that have developed such modelsincluding Procter & Gamble, IBM, and Air Products.In addition, Chesbrough introduces a new set of playersinnovation intermediarieswho facilitate companies access to external technologies. He explores the impact of stronger IP protection on intermediate markets for innovation, and profiles firms (such as Intellectual Ventures and Qualcomm) that center their business model on innovation and IP.This vital resource provides a much-needed road map to connect innovation with IP management, so companies can create and capture value from ideas and technologieswherever in the world they are found.
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