Inbound, Outbound Open Innovation

Inbound, Outbound Open Innovation

By • on December 21, 2015

The IPCG website noted the two directions of open innovation. For more than a decade, firms have focused much of their open innovation (OI) efforts on one direction – inbound OI. Few firms employ outbound OI approaches. However, the outbound direction of OI, while arguably less intuitive, offers a number of opportunities for firms to capture value

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