Matchmaking & Open Innovation
The Strascheg Center for Entrepreneurship posted an article which noted that open innovation suggests an exchange of ideas, knowledge, innovation, or technology across the boundaries of firms in collaborative settings and on markets. Research has shown that markets for innovation and technology do not work properly. Innovation intermediaries are attributed as brokers, matchmakers or facilitators to solve the market failure similar to job, marriage or housing markets. It still remains a challenge to find a suitable partner for innovation.
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