Open Innovation: Three Examples
December 4, 2012 Editor 0
The Economist (Namibia) website posted an article which noted that the theory behind open innovation is that the sphere of knowledge and experience within the organization is necessarily limited. Worse, it may be further limited by corporate practices and processes. By tapping into external sources, you expand your knowledge base, bring in new ways of thinking and new ways of doing things. The article showed how open innovation works in practice, giving some concrete examples of how some organizations such as Lego, Citreon and DHL have applied open innovation with great success.
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