2019-07 Being innovative remains a prerequisite in a globalized world. When collaborating with customers and suppliers as part of a company’s supply chain, those companies engaging in open innovation 1.0 start to access knowledge available outside of their own company (see 'value creation through collaboration').
In a world where customers procure globally, companies outsource internationally and consumers purchase online, accessing vast resources amongst stakeholders of an ecosystem is the next step in supporting a company’s innovation efforts. Multiple models exist and activities can be conducted to engage with research institutes, individuals and startups to search, learn or co-create.
If you are looking to learn from practical experience of how companies around the globe successfully use innovation models and like to rebalance your innovation portfolio, please contact info[at]chemneera.com