How Open Innovation Can Unlock the Door to Success
The Yorkshire Post reported that Leeds University Business School recently ran a major research project which brought together academics and businesses from across Europe to look at open innovation. The study saw industrial giants including Bayer MaterialScience, Deutsche Telekom, Siemens, Intel and GlaxoSmithKline, reflecting on their use of open innovation.
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Bayer MaterialScience Incorporates Open Innovation
The azom website notes that companies must constantly innovate–in products, technologies and thinking–to meet the ever changing needs of markets and customers. Bayer MaterialScience has incorporated open innovation into its strategy to encourage and facilitate new product development. Bayer
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