Pharma Taking Open Innovation Medicine

By • on February 24, 2012

The website Opinno notes that open innovation is the model that pharma companies are turning to  now as a replacement to the traditional model which is based on developing R&D from their own basement laboratories, i.e, closed innovation.  Once open innovation is adopted, the organization’s boundaries become permeable which allows for the combining of company resources with the external co-operators.

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