Henry W. Chesbrough

Henry W. Chesbrough is an American scholar and business theorist best known for his concept of "Open Innovation." This idea encourages companies to use external ideas, technologies, and expertise alongside their internal resources to drive innovation. Chesbrough argues that in today’s interconnected world, organizations can benefit by collaborating with other companies, universities, and research institutions rather than relying solely on their in-house research and development. His work emphasizes the importance of sharing knowledge and resources to enhance creativity, efficiency, and competitive advantage in business.