Twelve Principles for Open Innovation 2.0
An article in the journal Nature noted that a new mode of innovation is emerging that blurs the lines between universities, industry, governments and communities. It exploits disruptive technologies — such as cloud computing, the Internet of Things and big data — to solve societal challenges sustainably and profitably, and more quickly and ably than before. It is called open innovation 2.0. Open innovation 2.0 is neither easy nor is it a panacea. It requires courage and energy. But once a critical mass is achieved, innovation can catalyze itself. Just as momentum is the product of mass and velocity, the ecosystem with the most participants and fastest turnover of ideas will be the most successful.
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