Dr. Henry Chesbrough
Dr. Chesbrough is the Executive Director of the program in Open Innovation at the Haas School of Business at UC Berkeley. Previously, he was an Assistant Professor of Business Administration, and the Class of 1961 Fellow at the Harvard Business School. He holds a Ph.D. in Business Administration from the University of California-Berkeley, an MBA from Stanford University, and a BA from Yale University, achieving summa cum laude. His research focuses on managing technology and innovation.
In Open Innovation, published in 2003 (Harvard Business School Press), he articulates a new paradigm for organizing and managing research and development. In this new approach, companies must access external as well as internal technologies, and take them to market through internal and external paths. This book was named a “Best Business Book” by Strategy & Business magazine, and the “best book on innovation” by 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. An academic version of Open Innovation, called Open Innovation: Researching a New Paradigm, with Wim Vanhaverbeke and Joel West, was published in 2006 by Oxford University Press.
In Open Services Innovation (San Francisco: Jossey-Bass, January 2011) he writes how only those organizations that stand out via services, business models, operating processes and customer focus will be able to succeed in a long term approach. In a services-based economy, the exchange of a service between provider and customer is not complete until the customer's need is fulfilled, which gives the provider much more time to interact with the customer, understand their needs, analyze trends, and study behaviors, all to simply discover ways to better serve that customer and their needs. This results in a closer relationship, which subsequently results in growth.
Open Business Models (Harvard Business School Press, 2006), extends his analysis of innovation to business models, intellectual property management, and markets for innovation. It was named one of the 10 best books on innovation in 2006 by BusinessWeek, and is being translated into six languages.
Chesbrough’s 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. He is the author of more than 20 case studies on companies in the IT and life sciences sectors, available through Harvard Business School Publishing. He contributes a monthly column on innovation to BusinessWeek.com, and is a member of the Editorial Board of Research Policy and the California Management Review.
Prior to embarking on an 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.