Open Innovation in the Global Automotive Ecosystem
The Yahoo Finance website reported that today’s global automotive ecosystem is defined through collaborative efforts, not just from automotive manufacturers and suppliers, but by the integration of technology from multiple sources. Leading global automotive supplier Cooper Standard understands the value of developing technology in collaboration with external entities and has successfully partnered with start-ups to reach and bring new technology into the equation more quickly. To formalize its approach to collaborative partnership, the Company will launch the CS Open Innovation initiative in the first quarter of 2020.
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