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Many people have great ideas. Without the necessary skills and
means most never get to realize them. If they could cooperate with
competent firms and entrepreneurs together both could achieve much
and this is increasingly happening. Mechanisms are being
established making a division of labour between inventors and
implementers a reality. This is changing the nature of innovation
from an internal R&D, or purely entrepreneurial attempt, to a
more cooperative innovation. An Idea Economy emerges, where anyone
has the possibility to profit from their ideas, and everyone will
benefit from more and better innovation. This book presents us the
emergence and structure of the Idea Economy by extending the
seminal concepts of Entrepreneurial Society and Open Innovation.
Part I describes the big picture on how innovation is evolving,
where we are today, and what an Idea Economy will look like. Part
II points the way forward, discussing in detail on how cooperation
in the innovation process works, and why this is only recently
becoming possible.
Many people have great ideas. Without the necessary skills and
means most never get to realize them. If they could cooperate with
competent firms and entrepreneurs together both could achieve much
and this is increasingly happening. Mechanisms are being
established making a division of labour between inventors and
implementers a reality. This is changing the nature of innovation
from an internal R&D, or purely entrepreneurial attempt, to a
more cooperative innovation. An Idea Economy emerges, where anyone
has the possibility to profit from their ideas, and everyone will
benefit from more and better innovation. This book presents us the
emergence and structure of the Idea Economy by extending the
seminal concepts of Entrepreneurial Society and Open Innovation.
Part I describes the big picture on how innovation is evolving,
where we are today, and what an Idea Economy will look like. Part
II points the way forward, discussing in detail on how cooperation
in the innovation process works, and why this is only recently
becoming possible.
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