Doug's TwitterWhat a WICKED COOL Day. It’s not often that you get an e-mail just as you’ve landed at an airport – saying the White House just announced that a dream of your team and client (NIST/MEP)- The USA National Innovation Marketplace was important and valuable to the nation!
There are a ton of people who have [...]
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A conversation today with a top expert in the world of Open Innovation helped me understand why most open innovation efforts fail. He explained that most Open Innovation efforts are “Tech Mining” efforts at the end of the innovation process. Companies use open innovation tech mining to find a technical solution for an existing [...]
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The benefits of Open Innovation or as I call it Open Collaboration between inventors, companies, brands, distributors are clear.
The hard data — companies that openly collaborate realize as much as a tripling of innovation success rates, 85% improvement in R&D output and a 50% reduction in capital spending (P&G results).
The challenge is today in most [...]
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