Open Business: The New Reality

In a world where accelerating change is the norm, recurring innovation is at the heart of any successful business model. Organizations have increasingly found that relying on their people to learn rapidly is a slow, costly, and painful process that, too often, simply doesn’t work. Instead, it often makes sense to license intellectual property to and from others. Similarly, it often makes sense to present a problem to a large population of diverse agents rather than direct the question solely to in-house experts. That’s the reality driving the “open innovation” trend di.....