Date: 30 October 2025, 15:00 (Networking Coffee at 14:30)
Venue: KTU M-Lab, Studentų Str. 63A, Kaunas
On 30 October at 15:00, KTU will host an executive summit at M-Lab, Kaunas, featuring Prof. Henry Chesbrough, the originator of Open Innovation.
Access a wider talent base. Your best minds will benefit from strong connections with experts outside your organisation.
Stay ahead of the market efficiently, without overspending. Discover how to leverage partner assets and de-risk innovation so that results appear on the P&L, not just in pilots.
– Henry Chesbrough, originator of Open Innovation

Over the past two decades, this approach has gained significant attention.
In 2003, a Google search for it yielded around 200 results; by 2025, this had grown to roughly 2 billion – highlighting its widespread adoption and practical relevance.

It is a practical approach that allows leaders to innovate faster, spend smarter, and de-risk bigger initiatives – producing results that appear on the P&L, not just in pilot projects.

You don’t need to invent everything yourself. Open Innovation is not just open source, crowdsourcing, IP licensing, university collaboration, startup or VC activity. It involves the coordinated management of all knowledge sharing. By engaging the right partners, setting clear boundaries, and aligning with an effective business model, shared knowledge can be turned into tangible results.

Speed & Cost
Start in the middle of the value chain; shorten time-to-market.

Risk/ROI
Share risks and rewards; create more “shots on goal” with the same capital.

Talent
Most smart people work elsewhere – tap them.

Growth
A better business model often beats a better technology.

Exploration
OI helps you discover your next business model while executing today’s.
Rising complexity, constrained budgets and ecosystem advantages
Global drivers
Baltic opportunity
A university-embedded innovation hub that helps companies find the right partners, test ideas in real environments, and de-risk adoption of new technologies and business models.

Value for Your business:
Outcomes (what changes on the P&L):
Purpose – hold business-to-business discussions on how collaboration among complementary organisations can add value to innovation creation, including what is needed to create a viable open innovation ecosystem in Lithuania.
30 October 2025, 14:30–18:00
KTU M-Lab, Studentų Str. 63A, Kaunas
| 14:30–15:00 |
Registration and Networking Coffee
|
| 15:00–15:10 |
Opening Remarks
Prof. Asta Pundzienė |
| 15:10–15:40 |
Keynote: Open Innovation in a Nutshell
Prof. Henry Chesbrough |
| 15:40–16:20 |
Panel I: Benefiting from Open Innovations
In today’s rapidly changing business environment, medium and large companies can no longer rely solely on internal R&D to stay competitive. Open innovation (OI) – building innovations through collaboration – offers a strategic approach that allows organisations to tap into external ideas, technologies, and partnerships – accelerating growth, efficiency, and sustainability. This panel will discuss how Lithuanian and international corporations are successfully integrating open innovation practices. Panelists will share practical examples of innovation partnerships, managing intellectual property, and aligning open innovation with corporate strategy, value creation, and value capture. Prof. Asta Pundzienė Dr. Liudvika Starkiene, Chairwoman of the Board of the Innovative Pharmaceutical Industry Association. Dr. Wim Vanhaverbeke, Professor Emeritus of Digital Strategy at the Faculty of Business and Economics at the University of Antwerp. |
| 16:20–16:40 |
Networking Coffee Break
|
| 16:40–17:20 |
Panel II: Building Open Innovation Viable Ecosystem
As global competition accelerates and technologies converge, no single organisation can innovate in isolation. For medium and large companies, sustainable success depends on their ability to engage in open innovation ecosystems, that is, dynamic networks of corporations, startups, universities, investors, and public institutions that co-create solutions with global reach. This panel will explore how business leaders can shape and benefit from such ecosystems to drive growth, sustainability, and competitiveness. Drawing from European and global best practices, panelists will share insights on governance and partnerships that can help to build a viable open innovation ecosystem. Prof. Henry Chesbrough Dr. Jolanta Dickute, Novartis Sr Medical Engagement Partner Lithuania Andrius Ojeras, Regional Oracle Cloud Leader Baltic & Adriatic countries |
| 17:20–17:50 |
Ideas2Actions
Prof. Edita Gimžauskienė |
| 17:50–18:00 |
Closing Session: Key Takeaways and Next Steps
Prof. Henry Chesbrough |
Important: Completing this form constitutes an application to attend the Business Open Innovation Summit. Attendance is subject to approval and will be confirmed only via email. Please wait for the confirmation email before making any arrangements. If you do not receive it within a reasonable time, check your spam folder or contact us via openinnovation@ktu.lt.
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Kaunas University of Technology Open Innovation Center
Studentų St. 63a, LT-51369 Kaunas, Lithuania
Email: openinnovation@ktu.lt