Why Luxury Brands are Embracing Open Innovation

Why Luxury Brands are Embracing Open Innovation

By • on August 28, 2015

The Information Age website reported that several factors have led to rise of open innovation and the erosion of ‘closed’ innovation – the mobility and availability of highly educated people have increased, so large volumes of knowledge exist outside the research centers of large companies and an increase in venture capital activity and licensing

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Innovation Beyond the Lip Service

Innovation Beyond the Lip Service

By • on November 1, 2012

An article on the smartplanet website notes that many executives salivate at the potentially powerful results innovation can deliver. Often, however, their organizations are too bureaucratic and hidebound to really make progress. What does it take to really open up and create an innovation culture? Many

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