"Free navigation apps on smartphones wreaked havoc for the makers of standalone GPS devices. Airbnb and other resource sharing services are undermining hotels. Uber, SideCar and Lyft are reinventing the heavily regulated taxi and limousine industry. These are just a few of hundreds of examples...

Open innovation allows large organizations to collaborate across a wide ecosystem of potential partners, reducing risk and increasing the potential for successful disruptive products and services. In China, appliance giant Haier has experienced significant success using its HOPE platform, which...