Disruptive Growth in the Digital Age
The InformationAge website reported that research indicates that large businesses expect the proportion of their revenues generated by collaboration with entrepreneurs to rise from an average of 9% today, to 20% in five years. This type of open innovation is ‘critical’ to future business performance for the majority (97%) of senior business leaders. However, enabling open innovation at the scale needed in a global business environment can be challenging. Just 44% of collaborations currently work today, and 46% of business leaders note a lack of variety of organizations they can collaborate with due to physical restrictions.
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