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It is my experience that open innovation is going to affect all industries, but some more than others, and some sooner than others.

Overall, I see four external factors that matter here:

1) cycle time for products/services development, 2) money and 3) IPR needed for getting new products/services to market and 4) the level of conservatism in the industry.

To read the full, original article click on this link: Five Factors for Open Innovation | CustomerThink