Editorial Open Innovation and Entrepreneurship (April 2013).docVIP

Technology Innovation Management Review April 2013 Editorial: Open Innovation and Entrepreneurship Chris McPhee, Editor-in-Chief Jean-Pierre Segers, Guest Editor From the Editor-in-Chief From the Guest Editor Welcome to the April 2013 issue of the Technology Innovation Management Review. This months editorial theme is Open Innovation and Entrepreneurship, and I am pleased to introduce our guest editor, Jean-Pierre Segers, Dean of the Business School at PXL University College in Hasselt, Belgium (pxl.be), and Chairman and co-founder of Creative Inc. (creativeinc.be). It is my pleasure to be the guest editor and to explore the theme of Open Innovation and Entrepreneurship. In this issue, the authors examine these two concepts and the points at which they intersect. Henry Chesbrough first promoted open innovation through his book Open Innovation: The New Imperative for Creating and Profiting from Technology (2003; /ce6bsy8). In this book, Chesbrough described open innovation as a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market. Tradi- tionally, RD departments in large companies were viewed as tightly closed and highly secretive. Open in- novation prompted a paradigm shift, thereby opening the doors of these large companies to outside input and encouraging a two-way exchange of ideas and informa- tion to stimulate innovation. In May, the theme is Technology Evolution, and our guest editor is Michael Weiss, who is a faculty member of the Technology Innovation Management (TIM) pro- gram (carleton.ca/tim), and who holds a faculty appoint- ment in the Department of Systems and Computer Engineering at Carleton University in Ottawa, Canada. Junes issue will not have an editorial theme, but will in- clude articles relating to