How does private innovation actually work in the private sector?

Through Open Innovation companies promote the ideas and potential of people outside their organization to make improvements to internal processes or products. Firms search for input outside for finding solutions to some of their most complex problems. Open innovation is also a way for companies to think “outside the box”. In other words, to avoid internal dynamics within the organization that usually lead to repeat over and over methods of problem-solving that are unlikely to produce new ideas.  But, what specific examples of open innovation in private companies can be found? In this post Stefan Lindegaard presents 15 examples of open innovation between big firm and startups that may help the reader to understand what open innovation in the private sector is actually about.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s