Image by xedos4

Image by xedos4

Crowdsourcing comes in for its fair share of criticism as not everyone is sold on its numerous benefits.

But a new study by researchers from Carnegie Mellon University refutes three of the biggest criticisms levelled against this form of open innovation.

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Image by twobee

Image by twobee

The Open Innovation Research Forum, part of the University of Cambridge has released a paper detailing the results of a study of almost 1200 German innovation companies.

According to a report at Open Innovation.eu the scientists behind the paper put forward a hypothesis that there are a number of different innovation-enabling factors that generate greater revenue for organisations that adopt open innovation compared to those that don’t.

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Open innovation gurus Henry Chesbrough and Wim Vanhaverbeke have released a report that provides fresh insights on open innovation and public policies in Europe.

It was commissioned by the Science Business Innovation Board, and was presented at the European Commission’s Innovation Convention in December.

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