How to Build Trust in Open Innovation
The R&DMagazine website noted that companies today recognize the value of embracing open innovation and tapping an outside pool of experts to help them compete and grow by accelerating their innovations. At the same time, scientists, inventors, entrepreneurs and research labs see how working with leading organizations can help them to elevate their solutions to new markets and build their businesses. Challenges remain for both solution seekers and providers around building these collaborative relationships for mutual benefit.
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