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Open Innovation ResultsGoing Beyond the Hype and Getting Down to Business$
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Henry Chesbrough

Print publication date: 2019

Print ISBN-13: 9780198841906

Published to Oxford Scholarship Online: December 2019

DOI: 10.1093/oso/9780198841906.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 03 March 2021

The Back End of Open Innovation

The Back End of Open Innovation

Chapter:
(p.67) 4 The Back End of Open Innovation
Source:
Open Innovation Results
Author(s):

Henry Chesbrough

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198841906.003.0005

There is a Valley of Death inside many organizations, between the innovation managers and the business units of the company. This internal valley results from human, organizational, and structural bottlenecks that impede the flow of knowledge from the laboratory to the market. A powerful example of these bottlenecks surfaced in recent research at NASA. Four companies’ practices for managing these bottlenecks are discussed: SAP, Intel, EMC, and Royal Bank of Scotland. Companies must approach these bottlenecks with care, and examine their compensation systems, their funding processes, and talent management practices, to connect the back end of the innovation process to the front end of that process.

Keywords:   Valley of Death, innovation front end, innovation back end, NASA, innovation bottlenecks, innovation funding, innovation talent

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