Joel West, PhDProfessor, Innovation & Entrepreneurship; Program Director, MBS in Business of Bioscience
Open Innovation, Intellectual Property, Technology Entrepreneurship
Dr. West combines a high-tech entrepreneurial background with more than a decade of leadership in graduate business education. He received an SB degree in Interdisciplinary Sciences from M.I.T. with a concentration in Meteorology, and has worked more than 20 years in the software industry as an engineer, manager and entrepreneur. He was co-founder and president of Palomar Software as well as co-author of the Modsim programming language.
Dr. West has earned a PhD in Management from the University of California, Irvine and taught at Temple University Japan, Pepperdine and UC Irvine before joining the San Jose State University College of Business. At SJSU, he taught innovation, strategy and entrepreneurship classes, and was co-founder of the SJSU Solar Workforce Project and Silicon Valley Open Source Research Project.
Dr. West is known as a researcher, public speaker, and blogger on the topic of open innovation, including editing (with Henry Chesbrough and Wim Vanhaverbeke) the books Open Innovation: Researching a New Paradigm (Oxford, 2006) and New Frontiers in Open Innovation (Oxford, 2014). His research has been published in Information Systems Research, Journal of Management Studies, Journal of Product Innovation Management, Journal of Technology Transfer, R&D Management, Research Policy, and Telecommunications Policy, among other journals.
The course will be concerned with new venture (seed-stage) business formation and implementation issues that relate to conceptualizing, developing and managing successful new ventures. These issues include corporate governance, entrepreneurial financing, competition, negotiation of term sheets and special issues related to seed-stage firms concerning intellectual property and technology transfer.
The focus of this course is on the concepts and practice of creating a new business. The course has many components in our attempts to make it realistic and useful, and these can be collected into two major categories: identifying and evaluating business opportunities, and conceiving, writing, executing and defending a business plan.
Intellectual property (IP) rights are economically necessary to provide private actors the incentive to create and commercialize inventions. IP is particularly important for human therapeutics, where the temporary monopoly of a patent is essential for raising the money needed to complete clinical trials. This course reviews the nature and limitations of the various forms of IP and how firms leverage such IP to obtain competitive advantage and improved profitability.
The successful management of technological innovation is essential to the success of many life science businesses, whether in human therapeutics, medical devices or biofuels. This course examines firm strategies for creating sustainable competitive advantage in technology-based industries.
West J, Bogers, M. “Leveraging External Sources of Innovation: A Review of Research on Open Innovation,” Journal of Product Innovation Management, 2014; 31(4): 814-831.
West J, Salter, A, Vanhaverbeke W, Chesbrough H, “Open innovation: The next decade,” Research Policy, 2014; 43 (5): 805-811.
Chesbrough H, Vanhaverbeke W, and West J, eds., New Frontiers in Open Innovation. Oxford: Oxford University Press; 2014
Walshok M, West J, “Serendipity and Symbiosis: UCSD and the Local Wireless Industry,” in Kenney M and Mowery D, eds., Public Universities and Regional Growth: Insights from the University of California,Stanford: Stanford University Press, 2014, pp. 127-152.
West J, Wood D, “Evolving an Open Ecosystem: The Rise and Fall of the Symbian Platform,” in Adner R, Oxley J and Silverman B, eds., Advances in Strategic Management, 2013; 30: pp. 27-68.
West J, Mace M. "Browsing as the Killer App: Explaining the Rapid Success of Apple's iPhone". Telecommunications Policy 2010;34(5-6):270-286
West J. "Commercializing Open Science: Deep Space Communications as the Lead Market for Shannon Theory, 1960-73". Journal of Management Studies 2008;45(8):1506-1532
West J, Lakhani KR. "Getting Clear About Communities in Open Innovation". Industry and Innovation 2008;15(2):223-231
Chesbrough H, Vanhaverbeke W, and West J, eds., Open Innovation: Researching a New Paradigm. Oxford: Oxford University Press; 2006
West J. "How Open is Open Enough? Melding Proprietary and Open Source Platform Strategies". Research Policy 2003;32(7):1259-1285
Dr. West focuses on how firms selectively use openness both to grow the market and gain competitive advantage. This has included research on open source biology, open source software, open standardization, IP business models and technology-based startup firms.
Current Research Projects
3D printing entrepreneurs: Professor West is studying more than 100 startup companies formed in the 21st century to commercialize consumer 3D printing.
Innovation communities: Virtual and hybrid virtual/physical communities are frequently used to develop, interpret, commercialize and diffuse technological innovations. Such communities play an important role for open source software, IT standards, information goods and (increasingly) for life science innovations utilization computational biology and other forms of "big data."
Future Research Projects
Dr. West is launching a study of open R&D consortia related to pharmaceutical R&D, and how such consortia are similar to and different from traditional R&D consortia and open source software consortia.
|Joel West, PhD|
|Location:||Building 535, Room 156D|