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What are the risks?

In this video, Dr Christos Tsinopoulos discusses the risks of engaging in open innovation and how they might be mitigated.

So far we have been discussing the positive aspects of open innovation.

These have popularised the concept and in recent years several research institutes have tried to understand it, on the one hand, and apply it on the other.

Yet there are several risks that such openness can bring.

In this video we’ll be looking at some aspects of this – for example the risks in sharing intellectual property – and then we will be exploring whether and how they can be mitigated.

We mention the widely reported dispute between Apple and Samsung in the video. You might like to look into this in more detail to gain a greater insight into how some of the risks can play out in practice and to think about how they might be avoided.

Further information

Durham University has created a video about intellectual property which you might also find useful.

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Harnessing Open Innovation in Business

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