Affiliation:
1. Management, University of Toronto
2. Rotman School of Management, University of Toronto
Abstract
Abstract
The open innovation movement has evolved greatly since its inception. Originally it was the study of the outsourcing by large corporations of research and development activities, but now the movement considers the implications of principles of openness for such issues as licensing, collaboration, competition, supply-chain dynamics, platform-based business models, and other topics engaged in the study of innovation. This chapter argues that widening the lens of open innovation even further is urgently needed to advance solutions to the world’s most pressing grand challenges, including climate change, inequities, immigration, and other problems reflected in the United Nations program of Sustainable Development Goals.
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