Henry Chesbrough

Henry Chesbrough is an American business theorist best known for his concept of "open innovation." This idea suggests that companies can enhance their innovation processes by collaborating with external sources, such as customers, universities, or other businesses, rather than relying solely on internal resources. Chesbrough argues that sharing knowledge and technology can lead to new products and services, benefiting both the company and society. His work has influenced how businesses approach research and development, encouraging them to be more flexible and open to outside ideas and partnerships.