Pushing the Boundaries – Part 2: Making Open Innovation Relevant to More Economic Players

May 6, 2014 By Wim Vanhaverbeke

ABSTRACT:
Open innovation has always been centered on new product development. Firms source external knowledge from technology and market partners to speed up product launches and to get access to complementary technologies. The open innovation funnel has been used time after time to explain open innovation, implicitly assuming that open innovation is always related to new product development.

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