Open for Innovation: Why Engaged Firms Are More Creative
The Bertelsmann Stiftung website posted a report which discussed how soft knowledge flows from businesses’ corporate citizenship activities can enrich the hard business of innovation. Beyond conventional Open Innovation (OI) partnerships with startups, suppliers or universities, business-civil society partnerships with local clubs, associations or
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Open Innovation in Large Firms
A survey of large firms in the U.S. and Germany found that: * 78 % of firms in the sample report practicing open innovation. * No firms in the sample report abandoning their practice of open innovation. * 71 % report that top management support for open innovation is increasing in their firm. *
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German Companies Slow to Take Up Open Innovation
The PlasticsToday website reported that the bottom line in many studies of open innovation is that, while there are distinct benefits to be gained from external knowledge sourcing, there has to be an internal infrastructure present in the company for this knowledge to be put to effective use. Internal
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Open Innovation Monitor 2012
The crowdsourcing website posted a the results of a study, “Open Innovation Monitor 2012,” a survey of more than 200 German-speaking executives about the use of the Open Innovation methodology and the tools within the Open Innovation process. The survey concluded that innovation is a key
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