University of Maryland

Innovation & Entrepreneurship Reading Group: Taking Stock of Open Innovation

February 25th, 2015 by

Taking Stock of Open Innovation, Invitation #6

Back in 2003, Henry Chesbrough, then an assistant professor at Harvard University, googled the phrase “Open Innovation” and found his search “did not match any documents.” Today, if you do the same search, you will get over 3.3 million results. Indeed, open innovation, as a process that makes more effective use of internal and external knowledge in every organization, has become a new paradigm in our society and economy. Chesbrough, with his foundational book published in 2003, has become the father of open innovation.

On Monday, March 2, 2-3 pm, in Hornbake 2116, at the 6th meeting of the iSchool Innovation & Entrepreneurship Reading Group, we will have the opportunity to discuss Professor Chesbrough’s recent reflective essay on the past, present, and future of open innovation. We will untangle the relationships between open innovation with phenomena such as open source software, open data, open science, citizen science, crowdsourcing, and intellectual property, considering the implications of open innovation to the professional job market, entrepreneurship, and the nation’s research enterprise. Light, healthy refreshments will be provided.

On March 2, we will discuss the following article:
Chesbrough, H. W. “Open Innovation: Where We’ve Been and Where We’re Going,” Research Technology Management (55:4), 2012, pp. 20-27, available at:

The iSchool Innovation & Entrepreneurship Reading Group ( aims to disseminate and advance knowledge of innovation and entrepreneurship. In Spring 2015, we meet on Mondays, 2-3 pm to discuss classic and new articles on key issues in innovation and entrepreneurship, in conjunction with INST 621: Managing Digital Innovations in Organizations. All members (students, staff, and faculty) of the UMD community are welcome to attend any session. This group is sponsored by the Center for the Advanced Study of Communities and Information (CASCI) and hosted by Dr. Ping Wang ( See our full schedule at .