Abstract

Abstract The Open Innovation paradigm focuses attention on the importance of firms ‘ identification and use of ideas and knowledge from outside the boundaries of the firm. As documented by Chesbrough (2003a), firms in many industries have recognized the value of looking outside of their borders for ideas, knowledge, and sources of innovation. This value depends on the existence and depth of the knowledge landscape in which the firms operate. The characteristics of the knowledge landscape are determined by the knowledge flowing out of other firms and organizations and the intellectual property (IP) environment. The open innovation literature has focused primarily on the knowledge and ideas flowing from one firm to another. In this chapter I focus on a second important source of knowledge and ideas useful to the open innovation processes of firms: universities.

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