Open Innovation: A Competitive Advantage

By • on September 30, 2012

The Huffington Post reports that applying open innovation and building a unique business ecosystem that will facilitate it, can provide a competitive advantage that even larger firms will have difficulty matching. Unfortunately, online challenges have revealed that today’s designers are still quite oblivious to open innovation, and the long-established fierce competition among them also does not foster this crucial openness. So, how does one begin this process and what might ease the learning curve here?

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