Shell: Open for Innovation

By • on April 9, 2014

The Innovation Excellence website asked of Shell Oil Company, why does a company employing 92,000 people and spending $1.3 billion on R&D need to go outside for more innovation?  The reason is one of the classic foundations of Open Innovation.  Shell realizes that, despite the presence of internal excellence, there are more smart people and technologies in the external world that can add value to their innovation portfolio.

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