Open Innovation and the Private-Collective Model for Innovation Incentives
Author(s)
von Hippel, Eric A.; von Krogh, Georg Fredrik
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A central tenant of open innovation is free revealing of the detailed workings of novel products and services, so that others may use them, learn from them, and perhaps improve them as well. We explain that innovators frequently do freely reveal proprietary information and knowledge regarding both information-based products and physical products they have developed. We explain why free revealing can make good economic sense for innovators and for society as well. The article develops the case for free revealing in terms of a “private collective” model of innovation incentives.
Date issued
2011Department
Sloan School of ManagementJournal
Law and Theory of Trade Secrecy: A Handbook of Contemporary Research
Publisher
Edward Elgar
Citation
Von Hippel, Eric A., and Georg Fredrik von Krogh. "Open innovation and the private-collective model for innovation incentives." The Law and Theory of Trade Secrecy: A Handbook of Contemporary Research. Ed. Rochelle C. Dreyfuss and Katherine J. Strandburg. Cheltenham: Edward Elgar Publishing Limited, 2011. 201-221.
Version: Author's final manuscript
ISBN
9780857933072