Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

stop

Each Thursday at 12pm EST (US) there is a Twitter chat using the hashtag #innochat.  Recently the admirable duo of Sarah Caldicott and Drew Marshall led us through a discussion entitled “Innovation stalls without Collaboration”.  You can find the framing post and tweet output here.  We didn’t address the topic of Open Innovation per se but it set me thinking.

Open Innovation seeks to expand innovation potential by accessing ideas, technology, products or routes to market from outside a company’s borders.  There are many ways to do this, from technology scouting through competitions to crowdsourcing.  Much has been written about the different options available to companies, which includes competencies, but it seems that there is relatively little about the mindset and approach.

To read the full, original article click on this link: Innovation Excellence | Collaborative Comes Before Open