yet2.com, the global Open Innovation services company, and the State of Ohio, announced jointly today that yet2.com has been granted nearly $2 million from the Ohio Third Frontier program to bring Open Innovation to small-to-mid-sized Ohio companies. Open Innovation is a process by which organizations use the best ideas developed both internally and externally to increase the flow of new products, develop new businesses and business models, and broaden their existing business. Since 1999, yet2.com has been on the forefront of Open Innovation. Its network of clients and affiliates scout for tactical and strategic new innovations world-wide.
“We’re delighted to be working with the forward-thinking people of Ohio to develop Open Innovation practices among the small- and mid-sized companies of the state,” said Tim Bernstein, yet2.com Chief Operating Officer. “Smaller companies form the engine of innovation, all around the world.” In addition to scouting for new technologies, yet2.com provides outlicensing marketing, advice on intellectual property and patents, and assists client companies through deal negotiations.
To read the full, original article click on this link: yet2.com Wins $2 Million Open Innovation Contract with State of Ohio | Virtual-Strategy Magazine
