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  <title>Managing multiparty innovation</title>
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   <placeTerm type="text">Boston</placeTerm>
   <publisher>Harvard Business School Publications</publisher>
   <dateIssued>November 2016</dateIssued>
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  <extent>p. 76 - 83</extent>
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 <note>In an increasingly digital and connected environment, leaders of &#13;
established companies frequently find themselves facing opportunities &#13;
that they—or even their industries—cannot seize alone. Instead of &#13;
relying on start-ups to create innovations and then buying in to them, &#13;
organizations are taking part in a process that the authors call &#13;
ecosystem innovation, collaborating to develop and then commercialize &#13;
new concepts. Cisco Hyperinnovation Living Labs (CHILL) differs from &#13;
seemingly similar approaches, such as R&amp;amp;D alliances, because it &#13;
focuses on the fast and agile commercialization of ideas without a &#13;
complicated intellectual property agreement. It also differs from &#13;
traditional partnership efforts, because it brings multiple partners &#13;
together at a very early stage all at once. In this article the authors &#13;
discuss how large companies can develop their own ecosystem innovation &#13;
capabilities, using Cisco’s process as an example. They describe the &#13;
basic principles and the process, identify the most common traps, and &#13;
explain how leaders can capture valuable opportunities. The process &#13;
allows companies to bring extremely diverse ideas, skills, and resources&#13;
 together to solve ecosystem-level problems at an astonishing speed. [ABSTRACT FROM AUTHOR] &lt;br&gt;&lt;br&gt;</note>
 <note type="statement of responsibility"></note>
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 <identifier type="isbn">00178012</identifier>
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  <physicalLocation>Perpustakaan - Sekolah Tinggi Manajemen PPM Pusat Informasi Manajemen</physicalLocation>
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