%0 Journal Article %J Open Source Business Resource %D 2008 %T Open Innovation 2.0 %A Michael Grove %X The objective of this article is to argue for a new model that guides the efforts of multiple stakeholders to solve a problem. The new model is referred to as Open Innovation 2.0 Its main benefit is to gain competitive advantage through effective spending combined with enterprise to enterprise collaboration instead of traditional cost reduction. %B Open Source Business Resource %I Talent First Network %C Ottawa %8 12/2008 %G eng %U http://timreview.ca/article/216 %N December 2008 %9 Articles %1 Open IT Michael Grove is the CEO and Founder of CollabWorks. CollabWorks fosters enterprise to enterprise collaboration, thereby collapsing the processes required to solve a problem. He is an author and blogger on topics ranging from CollabsourcingTM to open innovation, open source, and IT 2.0. He was formerly the Founder and CEO of Open Country, a leader of remote systems management for Linux and Windows, where he developed global market penetration including India and China. Prior to Open Country, he founded and is still Chairman of Introplus, a community profile matching engine company. Prior to Introplus, he was the CEO and Chairman of the Board of MicroModule Systems, a Santa Clara company that grew from zero to $46M in revenue in its first five years. He has been an Executive Fellow at Santa Clara University, advising many young companies. His background includes merger and acquisitions activity as Managing Partner of the Pathway Group and Director of New Commercial Programs at Lockheed. He holds a Masters degree from UCLA and two Bachelor degrees from California Polytechnic University.