Open Innovation Can Help Companies Achieve Success

Open Innovation Can Help Companies Achieve Success

By • on January 3, 2013

The HiVelocity website notes that an innovative technology or business one day may be obsolete the next, and that’s one reason why large companies across the world are embracing open innovation. According to Henry Chesbrough, Director of the Center for Open Innovation at the University of California at Berkeley, the process “assumes that firms

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