How open innovation can help firms during the downturn

The benefits of open innovation during the current economic downturn have only recently been analyzed.
Henry Chesbrough and Andrew Garman have recently published a Harvard Business Review article (June) on this.
Wim Vanhaverbeke, Professor of Strategy and Innovation at Hasselt University, Belgium, provides some additional benefits when companies apply open innovation in a downturn, which has not been mentioned in the HBR-article. Read Innovation management article : http://tinyurl.com/yh7kl4u