The concept [Open Innovation] has common currency for at least four reasons.The third item on the list is particularly important (in the context of this blog) because it shows that Open Innovation assumes strong intellectual property rights. The disconnect with the reality is that many participants of the Open Innovation process assume that it implies availability of technology free of IP claims. As a result, they get unpleasantly surprised when the claims are asserted against technologies acquired through Open Innovation.
- First, it reflects social and economic changes in working patterns, where professionals seek portfolio careers rather than a job-for-life with a single employer. Firms therefore need to find new ways of accessing talent that might not wish to be employed exclusively and directly.
- Second, globalization has expanded the extent of the market that allows for an increased division of labour.
- Third, improved market institutions such as intellectual property rights (IPR), venture capital (VC), and technology standards allow for organization to trade ideas.
- Fourth, new technologies allow for new ways to collaborate and coordinate across geographical distances.
One of the reason behind the latest round of patent wars is this gap in understanding of what Open Innovation is vs what it is thought to be.
tags: innovation, patents, battle, mobile, technology, business, model