Open innovation is based upon the assumption that although there are huge gains from collaborative knowledge sourcing;these gains can be outweighed by risks outsiders expropriating one's own knowledge.

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Open innovation is based on the idea that companies can and should use external ideas as well as internal ideas, and internal and external paths to market, as they look to advance their technology. It acknowledges the flow of knowledge across company boundaries and that leveraging external knowledge can often outweigh the risks of knowledge expropriation.

Open Innovation Is Based Upon the Assumption That Although There