Broadening the church of Open Innovation
The Future Shapers
JANUARY 16, 2019
Open Innovation is about increasing the innovation potential of firms by opening them up to new ways of working with external organisations. Whether this takes the form of new co-working agreements, acquisition of start-ups with interesting technologies, or spinning out new developments into external companies the ultimate goal is the same: to increase innovation and increase value as a result. Figure 1: Business Models, from closed to open (Source: 100%Open).