Closed Innovation Model Chesbrough PowerPoint Template: Visualize Firm Boundaries and R&D Processes
The Closed Innovation Model Chesbrough PowerPoint Template is a theory template that is illustrating how companies manage innovation processes within strict organizational boundaries. This template features a horizontal funnel diagram, emphasizing the firm's internal research and development (R&D) efforts, with research projects entering the funnel at the top and market outcomes at the bottom. This layout is ideal for showing how firms control the flow of innovation from idea generation to market release, all while maintaining ownership over the entire process.
What is the Closed Innovation Model Chesbrough? (with example)
The Closed Innovation Model focuses on keeping R&D processes strictly internal to protect intellectual property. An example is Apple, which uses closed innovation to create proprietary technologies. All innovations remain in-house, from development to market launch, allowing companies like Apple to retain full control over their products.
The Closed Innovation Model emphasizes that all research and innovation must originate and remain within the company, a concept coined by Henry Chesbrough. It highlights the boundaries firms set to safeguard proprietary knowledge and ensure competitive advantage. The funnel diagram, complete with labeled circles representing R&D activities, allows users to visually explain how innovation flows through internal channels, ensuring a more controlled and risk-averse environment.
This closed innovation template is useful for business leaders, product managers, and R&D teams. It helps those who benefit from clearly understanding and managing the innovation process, particularly when protecting intellectual property is paramount. In contrast, the Open Innovation Model encourages the use of external ideas and partnerships to fuel innovation, promoting a collaborative approach.
With customizable elements, users can easily edit the funnel diagram to fit specific business contexts, such as adding new research projects, adjusting firm boundaries, or highlighting key R&D activities. The template’s versatility makes it applicable for presentations on innovation strategy, project planning, and product development. Download it now!
