How to Make Open Innovation Work
The Managing Intellectual Property website reported on four recent reports which address the current state of Open Innovation and how OI is being used. The four reports are “The Future is Open” (Thompson Reuters) which looks at how companies such as Samsung and Toyota have embraced OI; “Innovation Without Borders” (Evalueserve) which has case studies of companies such as P&G, Clorox and Danone; “Executing an Open Innovation Model” (Deloitte) focusing on the biopharma industry; and “Who Owns the World’s Patents” (ORoPO) which concludes that lack of transparency in patent ownership impedes IP licensing.
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