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Recovering from SuccessInnovation and Technology Management in Japan$
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D. Hugh Whittaker and Robert E. Cole

Print publication date: 2006

Print ISBN-13: 9780199297320

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199297320.001.0001

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The open innovation model: Implications for innovation in Japan

The open innovation model: Implications for innovation in Japan

(p.129) 7 The open innovation model: Implications for innovation in Japan
Recovering from Success

Henry W. Chesbrough

Oxford University Press

This chapter explores the implications of the transition from closed to open innovation over the past two decades, which Japanese companies have been relatively late to address. Examples of the fate of similar US companies are given. On the one hand, the wide dispersion of critical knowledge for innovation is ignored at great risk. On the other, alternative paths to market for internal ideas may be ignored at great loss. Strategies for dealing with ‘false negatives’ are explored — which at first look unpromising but later turn out to be valuable — including the time-honoured Japanese practice of spin-offs.

Keywords:   Japan, R&D, knowledge, paths to market, false negatives, spin-offs

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