
Open innovation is about opening up one's innovation process and involving the outside world in rethinking how to get new products and services on the market. Henry Chesbrough, who coined the term, puts it this way:
"Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology"
— Open Innovation: Researching a New Paradigm, 2006.
By Stefan Lindegaard


Stefan Lindegaard, who is an author, speaker and consultant with a focus on open innovation, sees it as a "mindset" companies should adopt:
"...a philosophy or a mindset that they should embrace within their organization. This mindset should enable their organization to work with external input to the innovation process just as naturally as it does with internal input”
— Making Open Innovation Work, Stefan Lindegaard, 2011
Open innovation has created a new paradigm shift in relation to innovation, and more and more companies today gain benefits by opening up their innovation processes for users, customers, suppliers and in some cases even competitors.
Stefan Lindegaard points out the points below as essential to get off to a good start with open innovation.
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