Open innovation: Putting the concept into practice

November 28, 2011 By Tomasz Jerzyniak

ABSTRACT:
Interesting insight from a man in the know of the European Commission, European Union and the euro zone. The author stresses the need for EU members to embrace open innovation in both the private and public sector. The article is timely for the troubled region which faces the greatest economic challenge since the euro zone members converted to a common currency. The author takes the reader through the psychological empowerment of open innovation and the boundaries for practical involvement.

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