What’s Boosting U.S. Manufacturing? Networked Innovation
The Wall Street Journal noted that the trend toward “networked innovation”–an updated version of the “open innovation” concept popularized by University of California at Berkeley business strategist Henry Chesbrough–is encouraging. It indicates that businesses recognize that to remain competitive they need to harness as much brainpower as they can and that not all, or even most, of it resides within their company. We are only in the beginning stages, however, of firms reaching beyond their silos to the outside world for innovative ideas.
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