Open Innovation and Lead User Innovation

By • on February 29, 2012

An article on the EOI website discusses the relationship between Open Innovation and Lead User Innovation. Both share the view of information as a public and fundamental good. Although Lead User Innovation is an older concept, it was the creation of the Open Innovation theory, which was actively discovered and used by firms, which awoke the companies and showed them how they can benefit from Lead User Innovation. Open Innovation describes a much broader concept than Lead User Innovation, as it is a tool to create value but only in the user side.

Click here to read the full article.

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