Open Innovation 2.0
An entry on the Irving Wladawsky-Berger blog described what it characterized as “Open Innovation 2.0.” Open innovation 2.0 is now emerging, blurring the lines between universities, industry, governments and communities. It exploits disruptive technologies – such as cloud computing, the Internet of Things and big data – to solve societal challenges sustainably and profitably, and more quickly and ably than before. The ecosystem with the most participants and fastest turnover of ideas will be the most successful. High levels of trust and conviction in the shared vision are predictors for eventual success.
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