Henry Chesbrough is the widely known visionary who created the theory and coined the term Open Innovation. Chesbrough’s recent work, «Open Services and Innovation: Rethinking Your Business to Grow and Compete in a New Era», focuses on innovation models that can truly drive transformation and growth. With global economies shifting manufacturing-focused to services-focused, “Openness” delivers improved choices for customers and better economies for corporations, transforming commodity companies into trailblazers.
He is currently Professor at Haas School of Business, University of California, Berkeley, and Executive Director of the Center for Open Innovation, which focuses on research and teaching related with the impact of globally distributed knowledge on growth, strategy and industrial innovation.
In 2009-2010 he was appointed Visiting Professor at ESADE Business School. From 1997 to 2003 he held the post of Assistant Professor at Harvard Business School, with a joint appointment in the area of Technology and Operations Management and in Entrepreneurial Management.
Professor Chesbrough is responsible for coining the term ‘Open Innovation‘, a term used to promote an information age mindset toward innovation that runs counter to the secrecy and silo mentality of traditional corporate research labs. The benefits and driving forces behind increased openness have been noted and discussed as far back as the 1960s, especially as it pertains to interfirm cooperation in I +D.
He has worked in various Fortune 500 companies in fields related to: mass storage; application software; network and communications; information services. He is also an expert in after-sales services, support to the copy industry and the impact of Internet on the insurance industry. Henry Chesbrough was named one of the top 50 technology and business leaders by Scientific American magazine for his research contributions in the area of industrial innovation.
Professor Chesbrough holds a PhD in Business Administration from Haas School of Business, University of California at Berkeley, an MBA from Stanford Graduate School of Business and a BA in Economics from Yale University.