Monday, May 15, 2006

Reponse to 'The open innovation frontier'

Good analysis in the post 'The open innovation frontier', I like the quadrants and the reasoning.

I have a couple of examples of Long-Long to offer you. I know of one company that laid off several hundred scientists because of lack of innovation. They turned to Open Innovation to solve the problem. That was after their drug came off patent. So that's an example of a Long-Long pharma company that turned to Open Innovation.

Here's another example from DuPont:

Open Innovation is a process in which DuPont research is actively engaging. To succeed DuPont must encourage Open Innovation. We must encourage open innovation to occur at any real or perceived boundaries internal or external.






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