
Re-Invent Open Innovation to Apply to Small Firms
The Science|Business website noted that finding good examples of open innovation in small companies is difficult. It seems it is not yet common practice and the management tools available to support collaborations have been developed to suit the needs of large companies. As a result, many SMEs are struggling to organize and manage open innovation projects.
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Crowdsourcing Gone Wrong
The Harvard Business Review website posted an article which noted that “For those who believe in the promise of open innovation, the 2009 startup Quirky was an exceptionally exciting company. Yet, in September 2015, Quirky went bankrupt. As proponents of open innovation, we have examined Quirky’s
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