TAILIEUCHUNG - Book democratizing Innovation

Innovation is rapidly becoming democratized. Users, aided by improvements in computer and communications technology, increasingly can develop their own new products and services. These innovating users -- both individuals and firms -- often freely share their innovations with others, creating user-innovation communities and a rich intellectual commons. | Democratizing Innovation ERIC VON HIPPEL business management technology Eric von Hippel has written a genuinely important book on innovation. Combining a wealth of case studies and data with a clear and systematically developed theoretical framework Democratizing Innovation turns much of how we think about innovation economics on its head. Von Hippel has provided US with a fascinating book that will challenge innovation theorists and businesses alike. Yochai Benkler Professor of Law Yale Law School Every manager concerned with growth and innovation should read this book. It explains how companies can replace a broken innovation paradigm with refreshingly effective and efficient methods for finding new growth products and markets. Clayton M. Christensen Harvard Business School author of The Innovator s Dilemma Von Hippel has written the essential 21st-century handbook on innovation. Business leaders who rely on organic growth will find his concepts and techniques extremely valuable. Roger Lacey Staff Vice President of eBusiness and Corporate Planning and Strategy 3M Eric von Hippel has a penchant for identifying important aspects of technological innovation that run contrary to conventional wisdom and to the thrust of conventional scholarship. His work on the important role that users rather than suppliers play in the advance of technology casts the process in a new light. This book is an intellectual feast. Richard R. Nelson George Blumenthal Professor of International and Public Affairs Business and Law Columbia University This is an important and original perspective on the neglected role of the user in the innovation process. Von Hippel extends his pathbreaking research on lead-user innovation by showing the economic benefits gained by opening new-product development to the natural insights and inventiveness of the market. No one managing product development in established or emerging industries can afford to ignore the power and value of involving users in the

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