Open Innovation: Stimulating Regional Economic Development
The Innovation Excellence website noted state and local governments, along with business associations, are feeling increased pressure to find new ways to foster regional growth through innovation. It has become clear that simply providing financial incentives doesn’t solve the real need for faster, more effective innovation in businesses. Enabling
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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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