Open Innovation Models in Tech Driving Rapid Solutioning, Business Growth
The Financial Express website reported that innovation is a key factor in charting the growth trajectory for India’s technology sector, and open innovation programs are increasingly being included in agendas to drive business growth, according to industry body Nasscom‘s report. The report noted key measures to develop a strong open innovation ecosystem in the country. The suggestions include the creation of a single platform for all innovation programs, a national repository of startups, the establishment of more ecosystem enablers, the creation of open innovation marketplace, dedicated incubation/acceleration programs, joint open innovation programs with other nations and incentivizing key programs for startups and corporates.