Philips ‘Innovation Open’ Contest

By • on October 31, 2012

The crowdsourcing website reports that Philips, the global electronics company, has quietly been practicing open innovation through its ongoing ‘Simply Innovate’ platform. To attract more product-specific ideas, Philips also launched the aptly-named ‘Innovation Open’ contestt earlier this month. The initiative is meant to complement Philips’ own extensive research and development activities.

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