"New Frontiers in Open Innovation" now published

The latest book in open innovation, New Frontiers in Open Innovation (ISBN: 978-0-19-968246-1) is now published by Oxford University Press. The book is edited by Henry Chesbrough, Wim Vanhaverbeke, and Joel West, and it follows up the Open Innovation: Researching a New Paradigm, published in 2006.

More information about (purchasing) the book is available at:
- Oxford University Press: UK website & US website
- Amazon.co.uk & Amazon.com

The Exnovate website also presents an overview of the book, including links to the PDFs of the pre-print versions of all chapters. Joel West has also published a nice overview of the book on his website, including a table of contents.

Chapter 1 of the book (see here for PDF) is written by Henry Chesbrough and Marcel Bogers, and it provides an overview of the academic literature that has arisen since the publication of the original Open Innovation book in 2003. The chapter discusses a number of aspects related to open innovation, including its conceptualization, and it proposes an updated definition of open innovation as "a distributed innovation process based on purposively managed knowledge flows across organizational boundaries, using pecuniary and non-pecuniary mechanisms in line with the organization's business model" (page 17).

The complete abstract of the chapter is as follows:

"In this chapter, we explore the growth, scope and impact of the academic literature that has arisen since the publication of Open Innovation back in 2003. Moreover, we further clarify and develop the conceptualization of open innovation, which we define as a distributed innovation process based on purposively managed knowledge flows across organizational boundaries, using pecuniary and non-pecuniary mechanisms in line with the organization's business model. On this basis, we then discuss divergent views on open innovation and we call for greater consistency in future research. Next, we address some of the critiques on the notion and development of open innovation as they have emerged in the literature so far. Finally, we consider the progress open innovation research has made, relative to the research agenda identified in Chesbrough, Vanhaverbeke, and West (2006), and extend the possible research subjects and units of analysis."