Open Innovation Drives the Sports Industry
The Providence Journal reported the publication of a sports business-related whitepaper, focused on new strategies driving higher levels of participation, and revenue growth within the sports industry. Professional and amateur sports leagues, equipment manufacturers and others are using open innovation (OI) to create systems that push limits and boundaries. OI provides them with the tools and methods that empower them to go outside their own walls and their industries for new technologies or knowledge.
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