Connect and Compete Through Open Innovation

By • on July 20, 2017

The MDDI website noted that open innovation has become a mainstream practice for most technology-driven companies looking to accelerate time to market and stay ahead of the competition; and added if you are a medical technology manufacturer considering open innovation as a strategy within your innovation program, there are three advantages to consider. Expanding their network of potential partners is one of the top reasons organizations use open innovation to address their technology needs. Open innovation can lead to new options to solve a problem. Open innovation is a versatile strategy for manufacturers looking to accelerate their innovation programs by leveraging external connections.

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