Innovation Ecosystems
General Mills is making open innovation work by creating innovation ecosystems with smaller partner companies. In his book "Making Open Innovation Work", OI thought leader Stefan Lindegaard extols the virtues of small and big companies doing open innovation together. He says they are at their best when all participants benefit from the relationships not just the big companies. And the more this happens, the more companies are going to want to co-innovate with larger entities.
antoine duchamp on 09 Mar 14While the quest for innovation as a source of future growth is a minimum common factor, among local and global enterprises, scholars and practitioners are yet to determine a common or universal definition of innovation: in fact because of the lack of consensus on the dimensions and measures characterizing innovation, we do mean different concepts when referring to innovation. However there are elements we almost all agree on: - See more at: http://www.innovationexcellence.com/blog/2014/02/28/beyond-open-innovation-co-innovation/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+business-strategy-innovation+%28Innovation+Excellence%29#sthash.6qgkrCxY.dpuf
