InterTradeIreland All-island Innovation Programme - Innovation Lecture (November 2009)
You are cordially invited to an
Innovation Lecture
as part of the InterTradeIreland All-Island Innovation Programme
Open Innovation - a New Paradigm for R&D
presented by
Professor Henry Chesbrough
Director of the Centre for Open Innovation
University of California, Berkeley
This Innovation Lecture will take place in both Queen's University Belfast and National University of Ireland, Galway as follows:
Queen's University Belfast
| Date: | Tuesday 10 November 2009 |
| Time: | 6 pm (refreshments from 5:30 pm) |
| Location: | The Great Hall |
To attend contact: |
Philip Cochrane |
National University of Ireland, Galway
| Date: | Thursday November 12 2009 |
| Time: | 6 pm (refreshments from 5:30 pm) |
| Location: | Aras Moyola |
| To attend: | http://www.nuigalway.ie/cisc/site/events/display_event/2047/ |
Note: Attendance at both innovation lectures is open to all and each event is free to attend.
Open Innovation
The concept of Open Innovation advocates that companies can no longer keep their own innovations secret. The key to success is creating an open platform around your innovations so your customers, your employees and even your competitors can build upon them. Only then will you create an ongoing, evolving community of users, doers and creators.
Today, in many industries, the logic that supports an internal and centralised approach to R&D has become obsolete. This change creates a new logic of open innovation that embraces external ideas and knowledge in conjunction with internal R&D. However, companies must still perform the difficult and arduous work necessary to convert promising research results into products and services that satisfy customers' needs. Innovators must integrate their ideas, expertise and skills with those of others outside the organisation to deliver the result to the marketplace, using the most effective means possible. In short, firms that can harness outside ideas to advance their own businesses, while leveraging their internal ideas outside their current operations, are likely to thrive in this new era of open innovation.
Note: The InterTradeIreland All-island Innovation Programme which aims to promote and encourage innovation across the island of Ireland is organised by InterTradeIreland, Queen’s University Belfast, NovaUCD and the Centre for Innovation and Structural Change at NUI Galway.
