4 Key Reasons Why Organizations Use Open Innovation
The Ideapoke website noted that 2003, Henry Chesbrough predicted the key drivers of Open Innovation to be the socio-economic changes in the workforce, globalization, new technologies and the emergence of market institutions which enable trade in ideas. However in interviews at companies that have an active Open Innovation strategy BigInnovationCentre, UK, found that we have already gone beyond much of what Chesbrough outlined. Open Innovation leaders today, take those early key drivers for granted. Instead, here’s what they highlighted as the key reasons their organizations have adopted Open Innovation methodologies.
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