Internationally acclaimed author and speaker, Dr. Henry Chesbrough is the creator of one of the most influential theories of modern business – open innovation. He first coined the term in his 2003 award-winning book, “Open Innovation: The New Imperative for Creating and Profiting from Technology” (Harvard Business School Press, 2003). His insights into open innovation models have restructured the world of research and development and created new landscapes of business development and innovation strategy.
In 2006, Chesbrough extended the approach from technology innovation to business model innovation in his successful follow-up book, “Open Business Models: How to Thrive in the New Innovation Landscape” (Harvard Business School Press, 2006). His 2011 book, “Open Services Innovation: Rethinking Your Business to Grow and Compete in a New Era” (Jossey-Bass) focuses on innovation models that can truly drive transformation and growth. With global economies shifting from being manufacturing-focused to services-focused, the book demonstrates that openness and its ability to deliver improved choices for customers and better economies for corporations, is a path that can turn commodity companies into trailblazers.
Chesbrough, who was named to the Thinkers50 list in 2011, also serves as Executive Director, Garwood Center for Corporate Innovation at the University of California, Berkeley, Haas School of Business, which focuses on conducting research, publishing articles and developing teaching materials around open innovation. He is also a tenured full professor at ESADE Business School in Barcelona, Spain. Before his work at Berkeley, Chesbrough was an assistant professor of business administration and the Class of 1961 Fellow at the Harvard Business School. His academic work has been published in Harvard Business Review, California Management Review, Sloan Management Review, Research Policy, Industrial and Corporate Change, Research-Technology Management, Business History Review and the Journal of Evolutionary Economics. Chesbrough is the author of more than 20 case studies on companies in the IT and life sciences sectors, available through Harvard Business School Press.
Prior to his academic career, Chesbrough spent 10 years in various product planning and strategic marketing positions in Silicon Valley companies. He worked for seven of those years at Quantum Corporation, a leading hard disk drive manufacturer and a Fortune 500 company. Previously, he worked at Bain and Company. Chesbrough holds a Ph.D. in Business Administration from the University of California, Berkeley, an MBA from Stanford University and a BA from Yale University, summa cum laude.