How successful is Open Innovation as an innovation method? For leaders like Proctor and Gamble the answer is obvious but the same can’t be said for the vast majority of enterprises taking this route. Doug Berger takes the soundings.
Open Innovation has been an increasingly hot topic since 2003, and the publication of Henry Chesbrough’s book, Open Innovation. Here we are 8 years later. A top-of-mind question for innovation executives that are on this road is, “What does my company have to show for our innovation investment?” This article delineates where Open Innovation has been valuable and where it has yet to deliver returns. Chief Innovation Officers will find 6 specific action steps, which will significantly ramp up gains from their open innovation initiatives.
To read the full, original article click on this link: The State of Open Innovation | InnovationManagement
