NIH (not invented here) [June 2019]

A take away from a paper [1] discussed at X HEC R&D Management Conference 2019 [2].

From a research at 500 Europe-based companies, the paper shows that the four least adopted open innovation practices are :

• IP In-licensing
• IP Out-licensing
• Crowdsourcing
• Selling unused technologies.

These practices could be gathered under the Proudly Found Elsewhere (PFE) posture, the opposite of NIH (Not Invented Here) posture  :

• what should a CEO pay to tap into creations / inventions from third parties while engaging in-house top design and research teams ?
• why should a CEO give away the immaterial assets accounted in the book but left unproductive ?

[1] Open Innovation Adoption Patterns and Strategies: an Empirical Analysis, 
Daria Podmetina, Ekaterina Albats, Iryna Maliatsina
Lappeenranta University of Technology, Kouvola, Finland
Cristina Marullo, Sant’Anna School of Advanced Studies  Pisa, Italia
 
[2] Assessing two perspectives : academic vs practitioner, X-Open-Innovation, June 12. 2019