Open and closed innovation are an essential factor for development, growth and competitiveness, both in the business and social spheres. The economist Joseph Schumpeter already argued in the 1940s in his book Capitalism, Socialism and Democracy that they were the main driver of economic growth and long-term prosperity . This need to innovate to introduce new products , services, processes and technologies that replace existing ones, also changing the ways of doing things, is included in its concept "creative destruction" . With this, she argued that technological and business progress takes place when old forms of production are eliminated and new ones are created. Currently, business competitiveness on a global scale and the challenges of climate change make investment in the field of R&D&i more pressing than ever. So much so that, according to the United Nations, investment in innovation will reach 9.5 trillion dollars in 2030 compared to 1.5 trillion in 2020 .
But how are we going to innovate? Is there the same innovation now as it was two decades ago? The complexity of the world and new technologies , as well as the enormous amount of information that exists in the field of research and development, have given rise to new methods in which collaboration between different
Europe Mobile Number List agents takes center stage and becomes a opportunity to innovate in a faster, more sustainable and less risky way. This is what is known as open innovation . Do you want to know more about her? Keep reading. CTA Post What is open innovation? Open innovation is a concept coined in 2003 by Henry Chesbrough in his book Open Innovation: The New Imperative for Creating and Profiting from Technology. In this book, the author defines the concept as “the use of internal and external flows of knowledge to accelerate internal innovation and expand markets for the external use of said innovation . ” From his point of view, this vision of innovation takes advantage of the contributions of users, but also those of other agents, such as investors, universities, associations, intellectual property owners, etc.
In short, it promotes relationships between companies, with universities, technology centers and other resources that can provide more knowledge. In short, open innovation is about the business innovation process in which internal and external ideas are combined within platforms, architectures and systems outside the same organization. open innovation Difference between open innovation and closed innovation To fully understand what open innovation is , it is essential to differentiate it from another related concept, but which is not the same: closed innovation. In this sense, closed innovation refers to that which was traditionally carried out within companies - and which is still carried out - and which uses only its own resources. It is characterized by having a hierarchical, vertical and restricted approach. Contacts, information, processes and new ideas are kept within the internal boundaries of the organization. No type of external exchange occurs. Below, we share the main aspects in which open innovation is distinguished from closed innovation: Development location Closed innovation is developed only within the company , so it is incomplete and biased.