Open Innovation a Driver in Business Growth

Open Innovation a Driver in Business Growth

By • on May 25, 2018

The Upstate Business Journal reported that South Carolina company Techtronics Industries (TTI)’s success paints a detailed picture of open innovation’s benefits. The company developed ION (Innovation Outreach Network), an open innovation program targeting three primary audiences: TTI employees, universities, and inventors or other companies

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Open Innovation Demands Partnerships, Alliances, Mergers

Open Innovation Demands Partnerships, Alliances, Mergers

By • on February 11, 2016

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.

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