What are the similarities between the book The End of Competitive Advantage and the major assumptions behind the Open Innovation paradigm as advocated by Henry Chesbrough (2003, 2006)? In my view, there are several ones and they are worth exploring.
Open innovation has always been centered on new product development. Firms source external knowledge from technology and market partners to speed up product launches and to get access to complementary technologies. The open innovation funnel has been used time after time to explain open innovation, implicitly assuming that open innovation is always related to new product development.