
Break Out to Open Innovation
The MIT Sloan Management Review posted an article which noted that in 2016, R&D and digital business managers at Mercedes’s headquarters in Stuttgart, Germany, realized that their efforts to collaborate with startups — a valuable source of external innovation — were being hampered by the company’s existing innovation processes. In response,
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Why Innovation’s Future Isn’t (Just) Open
The MIT Sloan Management Review noted that innovating with external partners doesn’t always give companies a competitive advantage. It needs to be balanced with internal efforts. Most companies, our research suggests, should rethink their innovation systems and develop portfolios with a balance of
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