GE Takes a Quirky Approach
The Innovation Excellence website reported that GE and Quirky have formed a new partnership, where GE will make some of its library of patents available as part of Quirky’s new inspiration platform, allowing inventors to use some of its patents in their potentially novel consumer product invention ideas. This on its surface is a very interesting and logical open innovation partnership (no, not crowdsourcing). It isn’t really crowdsourcing because the work product is not well-defined and being sourced from multiple competing providers. No, this is an open innovation partnership, and so the key question in my mind is. Will it work?
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