Innovation Ecosystems: The future of Open Innovation
Idea to Value
APRIL 22, 2022
For the past decade or so, one of the most popular ideas in innovation has been around Open Innovation. This is the practice of innovating and co-creation in collaboration with people outside of your company. So instead of trying to do all of your innovation activities within your departments and only launch the final product to the market when it is ready, examples of Open Innovation may include: Setting challenges where external parties or individuals can suggest solutions.
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