Innovation Articles

Harvard Business Review: Open Innovation Achieves Smarter New Product Development

The author is a managing partner of the 90:10 Group. His paper discusses the use of open innovation in developing products in a recovering economy. The article centers around information gained through a survey performed by the Harvard Business School. The informative study is entitled, “Closing the Gap: How Companies Achieve Smarter New Product Development and Make Better Decisions with Technology.” According to the study, “Opening the business, be it internal collaboration between departments or involving external stakeholders, is becoming more and more important. Open innovation is not an option anymore but a requirement.”
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