Purpose – The aim of this paper is to present a macro view of the evolution of innovation for value creation, from the closed to collaborative, open, and now co‐innovation. It reviews several mega trends that have dramatically changed the dynamic nature of the global market place and also...

Convergenomics is about the megatrends that are shaping how people behave and organizations work. In this insightful analysis, Sang Lee and David Olson describe how globalization, digitization, changing demographics, changing industry mix, deregulation and privatization, commoditization of...

1. Prelude to the wave of convergence -- 2. Megatrends -- 3. Convergence revolution -- 4. E-globalization strategy -- 5. Technology convergence -- 6. Industry convergence -- 7. Molecular economy -- 8. Information technology supporting convergence -- 9. Innovation through open systems -- 10....