Will Manufacturing’s Future Be Open?

By • on February 29, 2012

The Manufacturing.net website notes that due to the difficult business climate, more manufacturers are starting to rely on open innovation. For years, manufacturers relied upon heavily-staffed engineering departments that were responsible for all components of the product development cycle. This worked for a time, but in 2012, it seems that structure is on the way out. With companies still struggling against the recession, or against the engineering “brain drain” that has occurred with the loss of so much so-called tribal knowledge, it’s clear that open innovation could be a new lead for businesses looking to shake things up.

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