Open Innovation Will Bring New Product Expertise to Wales
The Welsh Government website reported that it has launched new pilot initiative which aims to encourage collaboration between large and small businesses and other potential partners, all for the benefit of the Welsh economy. Seven large and significant Welsh anchor businesses have competed successfully for an Open Innovation Development Award to originate new, innovative relationships with other businesses and external parties. Each can employ an ‘open innovation champion’ to develop and implement their proposals. The anchor companies will explore best practice approaches, and introduce new methods for product & process development.
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