Thanks for your view

1. BY: Dr. NOMITA SHARMA

2. • MEANING, TRENDS, MOTIVES AND MANAGEMENT
• EXPLORING THE BUSINESS ENVIRONMENT FOR OPEN
INNOVATION
• OPEN INVOVATION AND INTELLECTUAL PROPERTY RIGHTS
• DIFFUSION OF OPEN INNOVATION

3. Open Innovation is the use of purposive inflows
and outflows of knowledge to accelerate internal
innovation, and to expand the markets for
external use of innovation respectively.

5. • Technology Exploitation (Outbound)
• Technology Exploration (Inbound)

6. • Customer Involvement
• External Networking
• External Participation
• Outsourcing R&D Inward licensing of IP

7. Technology Exploitation (Outbound)
• Venturing
• Out-license their IP to obtain more value
• Internal knowledge

10. • CLOSED INNOVATION PRINCIPLES
Vs
• OPEN INNOVATION PRINCIPLES

12. • Inbound Innovation
• Outbound Innovation

15. Perspective on Open Innovation
• The Spatial Perspective
• The Structural Perspective
• The User Perspective
• The Supplier Perspective
• The Leveraging Perspective

16. • The Process Perspective
• The Tool Perspective
• The Institutional Perspective
• The Cultural Perspective

17. • All firms need to ‘appropriate’, or capture the value
of their ideas.
• Firms must protect their interest when engaging in
collaborations.

18. In contrast to Open Innovation , Intellectual Property
Rights (IPRs) are generally designed to exclude others
from using a firm’s ideas and inventions.

19. Firms need to ensure freedom to operate (FTO)
and avoid infringement of third-party IP rights
(IPRs).
Firms can use IPRs to signal their value to
investors, potential partners, competitors and
customers.

20. • Use of formal, registered IPRs i.e patents
• Reliance on alternative, or ‘complementary’,
protection methods such as secrecy
• Use of Hybrid strategies that combine formal IPRs
and Complementary Methods

21. • Take steps to improve patent quality
• Ensure that IPRs are available and enforceable at
reasonable cost.
• Facilitate patent filing and prosecution by SMEs
• Institute outreach and training programs for SMEs

22. Diffusion is the ‘process by which an innovation is
communicated through certain channels over time
among the members of a social system’.
Unstructured and is stimulated by shock either internal
or external

23. Faster rate if it is compatible with the needs of society
or not too complex.
About reducing uncertainty among members.

24. DIFFUSION OF INNOVATION

26. THANK YOU