Open Innovation

Historically, research and development departments within organizations were solely responsible for coming up with innovative ideas. Things have changed with the digital revolution. However, the boundaries shielding organizations from outside ideas have become more permeable. The ultimate result is open

Innovation works best when it incorporates a broad network of perspectives. Open innovation, where a company invites outside groups such as academic organizations and non-profits to offer ideas to address challenges. It can be a superb way to get those