Honda Embraces Open Innovation
The Nikkei Asian Review reported that the proudly self-sufficient Honda Motors is now reaching out to partners in artificial intelligence and autonomous driving to keep up as new technology alters the nature of cars. The conventional wisdom in the auto industry is undergoing big changes. Technology is evolving more quickly. Doing everything yourself can get expensive and lead to complacency. Without connecting with people in fields like IT and communications, it would never be able to adapt to new technologies. Honda has made cars with cooperation from other companies in the auto industry, such as parts makers. But … it’s also putting effort into open innovation now.
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