PARC: Being ‘Open’ Powers a New Business Model
The realbusinessatxerox blog notes that Xerox did something bold 10 years ago when it incorporated “Xerox PARC” as the independent subsidiary known today as “PARC, a Xerox company”. By opening the Palo Alto Research Center up as a commercial business that could work with many diverse clients–-instead of being solely an R&D center for a single client–-Xerox helped create at PARC a new model for innovation.
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