Collaboration, the Engine of Open Innovation

By • on August 14, 2013

The World Industrial Reporter website reports that historically there is a 20% success rate for new products and services. Approximately eight of every ten products sales fail or do not provide sustainable results for the company.  As such a holistic open innovation process that includes the acquisition, development and commercialization of technologies is essential for a firm that wants to improve their innovation success rate. Roundtable discussions with colleagues highlight the power of open innovation and how it helps to decrease the time-to-market, and development and commercialization costs, while increasing the innovation budget. An open innovation model coupled with constant interaction with customers and technology providers can deliver superior return on innovation.

Click here to read the full article.

Image via Flickr.

Purchase viagra online and purchase it from the good to cope with dependable and trustworthy pharmacy. Don't believe of the recommendation by a mantra but instead as suggestion that is useful since that might be really a correct move to make to think about. It's not just about general ease of doing all of your buying resting before your Computer, or around no prerequisite to depart your home or stand-in point, but additionally concerning the choices you might have barely considered overall. Visit the drugstore you might have handled earlier in the event that you know the thing you need precisely. Examine the options what, why and just how if, nevertheless, you will find neither particular needs or a drugstore to go to.