
Retail Lessons From Silicon Valley in Open Innovation
The Retail Week website reported that large retailers are increasingly aware that the only way to innovate at the pace today’s customer demands is to look outside their organizations. They are accepting that they must partner with or acquire start-ups, rather than trying to innovate internally or rely on their preferred supplier list. Several large
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15 Examples of Open Innovation between Big Companies & Startups
The Innovation Excellence website notes that big companies like GE, Cisco or Microsoft tend to have 8-10 different value pools (think suppliers, startups, customers or universities) to consider for their open innovation efforts. The challenge is that even companies that are good at open innovation only
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