5 essential tips to implementing an open innovation approach in your organization
Your approach to Open Innovation should be defined by the corporate strategy, say Professor Ellen Enkel. A defender's strategy needs a different approach to a prospector and culture will eat strategy for breakfast if you don't selected the right...
Read moreHow do you gain consumer trust in artificial intelligence?
Professor Ellen Enkel explored trust in two dimensions: trust in technology and trust in the innovating firm to understand the relationship between humans and automation. She identifies the factors essential for reducing perceived risk.
Read moreOpen versus closed innovation: are the metrics good enough?
Today’s business reality is not based on pure open innovation but on companies that invest simultaneously in closed as well as open innovation activities. Too much openness can negatively impact companies’ long-term innovation success, because it could lead to loss...
Read moreOpen R&D and open innovation: exploring the phenomenon
There is currently a broad awareness of open innovation and its relevance to corporate R&D. The implications and trends that underpin open innovation are actively discussed in terms of strategic, organizational, behavioral, knowledge, legal and business perspectives, and its...
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