Three Tips to Applying Open Innovation

By • on December 12, 2012

In a video posted by the World of Business Ideas, Henry Chesbrough–considered the founder of open innovation–discusses ideas for applying open innovation.  He discusses the importance of analyzing a company’s business needs; the need to open up a company internally before bringing in external sources of ideas and technologies, and the role of smart people inside and outside the company.

Click here to view the video.

Image via Flickr.

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