By • on September 5, 2017

The Accenture website noted that open innovation is becoming widely adopted. Why? It works. Innovation is in the headlines more than ever largely due to disruptive business models and products. However, in the past, most who had a potential contribution to advance and idea from conception to fruition were left out. Open innovation opens the door to a broader set of contributors. This takes the concept of crowd sourcing and applies it to very specific problems or opportunities. And it speeds up the whole cycle.

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