Generating Business Success Through Open Innovation

By • on April 30, 2012

The Virtual-Strategy website reports that innovation leaders from Philips, Nokia, GlaxoSmithKline, Weyerhaeuser and other leading companies will share challenges and successes in developing open innovation strategies at the European Open Innovation Summit, May 23-24 in Brussels, Belgium. Increased transfer of ideas and information are key components of successful innovation and development in today’s complex global market. However, when it comes to business operations, open innovation is far easier for companies to conceptualize than to put into practice.

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