Within IPaCSO, there is a belief that most of the innovative drivers for Privacy and Cyber Security innovations should be considered in an Open Innovation model. 

The PACS domain is deeply influenced from various themes driven by technical, human, societal, organisational, economic, legal, and regulatory concerns among others. For example: rapid changes in technology infrastructure, Explosion of data, Always-on-always-connected world, Tougher regulation and standards, Emergence of “multiple internets”, New Identity and Trust models and new security opportunities. No single element of this list has been developed in itself or by itsef, but has been the consequence of consecutive developments in parallel.

Open innovation is a term promoted by Henry Chesbrough, a professor and executive director at the Center for Open Innovation at the University of California, Berkeley, in his book Open Innovation: The new imperative for creating and profiting from technology, though the idea and discussion about some consequences (especially the interfirm cooperation in R&D) date as far back as the 1960s. The concept is related to user innovation, cumulative innovation, know-how trading, mass innovation and distributed innovation.

“Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology”.^[1] Alternatively, it is "innovating with partners by sharing risk and sharing reward."^[2] The boundaries between a firm and its environment have become more permeable; innovations can easily transfer inward and outward.

The central idea behind open innovation is that, in a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions (i.e. patents) from other companies. In addition, internal inventions not being used in a firm's business should be taken outside the company (e.g. through licensing, joint ventures or spin-offs).

Source : http://en.wikipedia.org/wiki/Open_innovation 

Image Source : http://www.eoi.es/blogs/laurenmusiello/files/2012/02/333.jpg

Some further reading on the model : 

• Harvard Business Review  : Open Market Innovation
• ...