Collaborative Comes Before Open
The Innovation Excellence website notes that open innovation seeks to expand innovation potential by accessing ideas, technology, products or routes to market from outside a company’s borders. There are many ways to do this, from technology scouting through competitions to crowdsourcing. Much has been written about the different options available to companies, which includes competencies, but it seems that there is relatively little about the mindset and approach. The key word is collaboration.
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