The Open Corporation

by Harvey Wagner



This article describes a corporate structure for fostering and marketing high-technology innovations. This structure occupies a middle ground between large companies and small start-ups. It is the "open corporation," a non-bureaucratic organization that focuses on identifying entrepreneurially minded engineers and scientists, teaching them how to build businesses that respond to market needs and connecting them to sources and users of innovation. The "product ' of the open corporation is a continuous stream of new enterprises that have a profoundly different character from those created by venture capital.

California Management Review

Berkeley-Haas's Premier Management Journal

Published at Berkeley Haas for more than sixty years, California Management Review seeks to share knowledge that challenges convention and shows a better way of doing business.

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