Open Innovation vs Crowdsourcing vs Co-creation
AUGUST 3, 2017
Various principles and concepts are used for managing research and innovation. You are probably familiar with these buzzwords: crowdsourcing, open innovation and a more recent one, co-creation. Organisations are gradually moving away from traditional work models; they are becoming a lot bolder and more inclusive in their approaches to innovation. An “open” approach to innovation leverages internal and external source of ideas. ”.