Henry Chesbrough directs the Center for Open Innovation, focused on research and teaching on the impact of intangible assets and globally distributed knowledge on firm strategy and industrial innovation. He is doing research in innovation. More specifically he is interesting in Organizing, structuring and managing internal and external research and development. Furthermore, he is specialized in technology-based spin-offs, corporate venture capital and managing intellectual property. He is the author of "Open Innovation" (HBS Press, 2003) which was awarded Best Business Book of 2003 by Strategy & Business Magazine. He is also editor of a new, more academic oriented book "Open innovation: Researching a paradigm" (2006 - OUP, co-edited by Wim Vanhaverbeke and Joel West). Another book "Open Business Models" will be published in November 2006.