Open Innovation Policy: The Outline-Inspire-Promote Spinner

Open innovation (OI) is a paradigm that illustrates a business strategy. In this chapter, however, the question is asked, how is the OI paradigm capable of influencing innovation policy? After briefly illustrating how the OI paradigm has found its way into the realm of public policy, a new vision for integrating OI within innovation policy practice is presented: the Outline-Inspire-Promote (OIP) spinner. It is argued that throughout the last 20 years, policymakers have found in the OI paradigm a useful tool: (1) to design the fundamentals of new policies; (2) to name and explain their actions; and (3) to identify areas of intervention for capacity building and business development. The chapter argues that the OIP spinner is a useful tool to represent the stance according to which innovation policy is adopting or supporting OI.