Great Britain has been voted as one of the top 3 innovative countries in the world in the Global Innovation Index 2016. The success of the Great British Olympic team in Rio and the Brexit decision highlight what makes Great Britain an innovation hub.
The potential value of ideas is explored in this article, highlighting the importance of different types of ideas and how they can align with company goals.
Open innovation has many benefits, but also some common challenges. The strategic, operational, legal, and cultural aspects of open innovation can be hard to manage.