Open Innovation Demands Partnerships, Alliances, Mergers
The UBJ Innovate website reported that Open Innovation has provided important examples of how talent connections produce value greater than either party could achieve alone. One favorite story is that of P&G approaching competitor Clorox to explore transferring unused innovations to Clorox Glad Products. The partnership, together with further collaborations,
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How to Make Open Innovation Work
The Managing Intellectual Property website reported on four recent reports which address the current state of Open Innovation and how OI is being used. The four reports are “The Future is Open” (Thompson Reuters) which looks at how companies such as Samsung and Toyota have embraced OI; “Innovation
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Current State of Open Innovation
The Innovation Excellence website reported on the recent Open Innovation forum in Baltimore, saying that it showed that OI is in a healthy state. While there is nothing truly revolutionary, the picture is one of good solid progression and increasing adoption, with continuing promise for the future.
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Five Elements of an Open Innovation Program
The Crowdsoucing.org website reports that when Henry Chesbrough coined the term open innovation (2003), organizations (especially R&D driven organizations) embraced it as the solution to business model limitations. Companies representing consumer products (e.g., P&G, Clorox), natural resources