Innovation Articles

By Jan de Wit, Ben Dankbaar and Geert Vissers

Open Innovation: the New Way of Knowledge Transfer?


An early but very relevant paper published in the Journal of Business Chemistry. Many of the science-based companies and especially the chemical laboratories operate in a tightly monitored closed innovation environment. In this paper, the authors provide solid reasons for chemical companies to convert to open innovation platforms. Companies have come to realize that there are practical and financial realities that make open innovation more effective for long-term research.