Open Innovation: definition and explanation
What is open innovation?The term open innovation means a situation where an organisation doesn’t just rely on their own internal knowledge, sources and resources such as their own staff or RD for example for innovation of products, services, business models, processes etc. but also uses multiple external sources such as customer feedback, published patents, competitors, external agencies, the public etc. to drive innovation.
Check out this blog article for a general innovation definition by Really Good Innovation.
Your account has been created!
You can vote for the resources!
Help others find the best innovation resources by upvoting.
Collections are a way to save and organize resources. Many people use collections to save inspiration for future use or for inspiration. You can create as many collections as you like.
Innovators need your help! Resource reviews help the rest of us make great decisions. Please describe your overall experience with this resource.