Measuring Open Innovation
The InnovationManagement website notes that thanks to a number of compelling research studies and best practice cases in open innovation (OI) carried out over the last decade, several companies nowadays embrace and partially apply the new principles and methods OI offers. However, when managing open innovation at the project level, even experienced managers still go blank at the question: how to assess, control, and measure the performance of these activities? This article discusses a general framework for an open innovation performance measurement system.
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