Can Open Innovation Shape the Future of the Welsh Economy?
The BusinessNewsWales website reported that in recent years, the term ‘Open Innovation’ has become more apparent; especially in the world of product development. While the ability to outsource and acquire services is not a new thing, leveraging the power of Open Innovation in product design is particularly interesting. ITERATE, a Welsh product design agency, believes Open Innovation should be at the heart of the Welsh economy. Gethin Roberts, Managing Director of ITERATE said, “In order for us to offer a first-class product design service we need to collaborate and share ideas with technical experts, manufacturers, funding bodies, government departments and academic institutes around the globe.”
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