Is Engineering Ready to Standardize Innovation?

By • on January 2, 2015

The Machine Design website noted that Innovation has been a front-and center-corporate focus for only about a decade. How can standards for it possibly be set or even be in development just yet? The fact is, innovation has been growing for some time now and is making its way into the corporate mainstream. Henry Chesbrough published his first work on “open innovation” in 2003. This seminal work opened up the traditional domain of innovation from being an internal-to-the-company initiative to accepting any and all opportunities to improve a company’s innovative capabilities.

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