Open Innovation may just make all the Difference to Innovation Practices
June 25, 2018 By Caitlin Stanway-Williams
ABSTRACT:
Open innovation is currently at the forefront of strategy within the business world. The act of disseminating innovation practices throughout a company and opening it up to other organizations has been hailed as a breakout method, a marked move away from the traditional "innovation team" focus, where, in theory, creative, innovative thought tumbles from one specific department to others. So, why is open innovation being hailed as the holy grail for business?
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