The Driving Success Behind Open Innovation Outcomes: A Fireside Chat with Henry Chesbrough and Tolga Kurtoglu

Open Innovation is PARC’s bread and butter. Since its origin, the concept has shifted into an incredibly practical and inclusive way of solving today’s and tomorrow’s problems. Companies have often looked at Open Innovation to creatively utilize the many talents in the room and across organizations. What’s next is how companies can efficiently gain business value from innovation.

Henry Chesbrough, the creator of Open Innovation, will talk through results that are created with this approach. He’ll dive into Open Innovation beyond the hype and how people can efficiently gain insights and break new ground through collaboration. He’ll also discuss the strange dichotomy between wages, productivity and innovation and why our economy affects these trends.

Following the talk, PARC President Tolga Kurtoglu will have a fireside chat with Henry to share ideas, problems, examples and successes that companies are facing when it comes to Open Innovation. The discussion will highlight how companies can disseminate ideas across an organization and how organizations that haven’t used this collaborative concept can begin using Open Innovation. They will also talk through moving beyond generation to broad dissemination and effective absorption being the key to getting past the hype that often accompanies innovation, to solutions that deliver real results to organizations.

Presenter(s)

Henry Chesbrough is Faculty Director of the Garwood Center for Corporate Innovation within the Institute of Business Innovation at the Haas School of Business at University of California, Berkeley. He holds a Ph.D. in Business Administration from the University of California, Berkeley, an MBA from Stanford University, and a B.A. from Yale University, summa cum laude.

His research focuses on managing technology and innovation. He is known as “the father of Open Innovation,” due to his book, Open Innovation (Harvard Business School Press, 2003). This book was named a “Best Business Book” by Strategy & Business magazine, and the best book on innovation on NPR’s All Things Considered. Scientific American magazine named him one of the top 50 technology and business leaders in recognition of his research on industrial innovation.

Dr. Tolga Kurtoglu is President of PARC, a Xerox company, which is in “the business of breakthroughs,” and the President of Xerox Innovation. Practicing Open Innovation since being incorporated in 2002, PARC provides custom R&D services, technology, specialized expertise, best practices, and intellectual property to Xerox’s business groups, Fortune 500 and Global 1000 companies, startups, and government agencies.

Dr. Kurtoglu oversees PARC’s R&D investments for Xerox and its innovation portfolio for commercial clients and government agencies in a diverse set of focus areas and competencies including human-centered innovation services, intelligent agents and systems, clean energy, smart packaging, machine learning and analytics, security and privacy, printed electronics and digital manufacturing.