Next-Generation Competitions Raise the Bar for 21st Century R&D
The Aviation Pros website noted that innovation contests are game-changers, taking Open Innovation to the next level by building greater trust and collaboration between both solution seekers and providers. Everyone has access to everyone – the playing field is leveled and the best of the best rise to the top. The concrete timeline in the public eye, and overall publicity surrounding innovation contests also put positive pressure on solution seekers, which increases the likelihood that their innovations will be brought to market.
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