Breakthrough: Stories and Strategies of Radical Innovation

Breakthrough: Stories and Strategies of Radical Innovation
The MIT Press | October 1, 2004 | ISBN-10: 0262195143 | 308 pages | File type: PDF | 5.9 mb

Since the late 1990s, technology markets have declined dramatically. Responding to the changing business climate, companies use strategies of open innovation: acquiring technologies from outside, marketing their technologies to other companies, and outsourcing manufacturing. But open innovation is not enough; it is mainly a way to run a business to its endgame. By itself, open innovation results in razor-thin profits from products that compete as commodities. Businesses also need a path to renewal. No one ever achieved a breakthrough with open innovation.

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