Articles

Open Innovation 29-07-15

Open innovation as an approach to businesses developing products and services initially started to gain traction across industry in the early 2000s.  However, it was only really after retrenchment during the economic crash in 2008/9 that we have noticed this accelerating at pace. As the economy improved and businesses started to make good money again, they invested differently in innovation.  Open innovation has a profound effect on organisational needs and we need to understand this better if we are to properly attend to the needs of R&D intensive business in the 21st Century... 

 

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