Zimbabwe:Open Innovation Can Assist Economic Recovery
An article on the Allafrica website says that open innovation can kick-start a new entrepreneurial cycle for Zimbabwe. The central idea behind open innovation is that in a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions (ie patents) from
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Examples Of Open Innovation To Stimulate R&D
The SeekingAlpha website reports recent research which identified four different types of corporate environment in addressing the potential of open innovation. Technology isolationists, (36 percent of the respondents), invest solely in their own R&D and are not interested in tapping outside wisdom
Tips For Launching An Open Innovation Strategy
The Investor’sBusinessDaily website reports a Nokia blog which said “No longer is a brand something that is created by the company and delivered to the consumer…. Taking off the shackles of our global, wildly creative fan base, we might find a much better expression of our brand
Unilever Unveils Online Forum to Get Outside Innovation Help
Businessweek website reports that Unilever, the world’s second- biggest consumer-products maker, has unveiled a website to gather and assess ideas from outside the company as it looks to bolster sales from new products and improve environmental practices. Since Unilever established an open innovation
Will Manufacturing’s Future Be Open?
The Manufacturing.net website notes that due to the difficult business climate, more manufacturers are starting to rely on open innovation. For years, manufacturers relied upon heavily-staffed engineering departments that were responsible for all components of the product development cycle. This worked