Open Innovation at Tate & Lyle
The Innovation Excellence website noted that Tate & Lyle, the large B2B company focused on specialty food ingredients, has placed a large emphasis on innovation as a key source of future growth. They give a pivotal role to open innovation (OI) and complementary roles for OI partnerships and venture capital initiatives. The company created a new group dedicated to developing and bringing new products to market called Innovation and Commercial Development. This group combines R&D, platform management, marketing and OI teams into one team.
Click here to read the full article.