Costs and Benefits of Open Innovation

Costs and Benefits of Open Innovation

By • on July 31, 2013

An editorial on the Crowdsourcing website notes that sourcing ideas from outside a company’s own R&D department taps a larger pool of contributors who work on the promise of potential partnership in the future, not a guaranteed salary. But all costs aren’t readily apparent at first. Aside from paying a fee to an intermediary and paying out

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