The Innovation Spiral

By • on November 27, 2012

The Openinnovation.eu website notes that there was a time, not so long ago, when ‘‘innovation’’ meant that companies needed to invest in extensive internal research laboratories, hire the most brilliant people they could find, and then wait patiently for novel products to emerge. Not anymore.  Today, innovation must include business models, rather than just technology and R&D.

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Image via Flickr.

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