Examples Of Open Innovation To Stimulate R&D
April 19, 2012 Editor 0
The SeekingAlpha website reports recent research which identified four different types of corporate environment in addressing the potential of open innovation. Technology isolationists, (36 percent of the respondents), invest solely in their own R&D and are not interested in tapping outside wisdom ; Technology fountains, (27 percent of the total), generate their own research discoveries that they license to a network of partners for further development; Technology sponges, (21 percent of the respondents), that are open to product development ideas from outside entities, but do little (if any) outbound licensing of their intellectual property. Technology brokers (the smallest of the four segments with 16 percent of the companies), that both seek product and service ideas from outside sources and out-license their discoveries for further development with partner enterprises.
Click here to read the full article.
Categories: Open Innovation
Tags: Open innovation
Subscribe to our stories
- Giving Francophone African incubators the keys to accelerate growth entrepreneurship February 13, 2018
- Is acceleration the panacea for scaling growth entrepreneurs? Reflections from XL Africa February 13, 2018
- Why providing pre-seed and seed capital is the essential step to bringing West Africa and Sahel’s entrepreneurs to the next level February 13, 2018
- Global Investment Competitiveness: New Insights on FDI February 2, 2018
- BioInnovate Africa phase II launched February 2, 2018