Open Innovation Can Help Companies Achieve Success
The HiVelocity website notes that an innovative technology or business one day may be obsolete the next, and that’s one reason why large companies across the world are embracing open innovation. According to Henry Chesbrough, Director of the Center for Open Innovation at the University of California at Berkeley, the process “assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology.”
Click here to read the full article.
