Could Open Innovation Make Your Ambitions Take Flight?

The TechCityNews website reported that open approaches to innovation have a long track record of success. Open challenges have been used to achieve ambitions as diverse as preserving food, the first non-stop flight from New York to Paris, and cleaning up the Exxon Valdez oil spill. Often the solution to challenges come from unexpected quarters. Precisely because solutions and innovation can come from anywhere, commercial organizations are starting to recognize the value of openness, and dropping the veil of secrecy that shrouds their R&D operations. Whether you prefer completely open platforms, or use an enterprise-specific platform to access talent from outside your organization and build co-creation communities, open innovation can dramatically shorten the innovation cycle.

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