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
- Virtual reality as an urban tourism destination marketing tool January 26, 2020
- Exploring VR experiences of tourists' attachment to a rural destination January 26, 2020
- Sustainable intensification: Is a systems perspective essential for integrated crop-livestock systems? January 16, 2020
- Disseminating maize agronomy technologies using interactive voice response in Malawi–the opportunities and pitfalls January 12, 2020
- Towards a communication-based typology of management control modes: showing the relevance of communicative action for entrepreneurial settings December 24, 2019