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What Open Innovation Really Means feat. Henry Chesbrough
What is the extent to which good fencing makes good neighbors? How much of your innovation process should you make public? Henry Chesbrough, the developer of the term Open Innovation, discusses open innovation processes in practice. The author provides examples from companies like Microsoft, AWS, and P&G using open innovation within the company.During his discussion with Greg La Blanc, he delved into concepts on how companies can maintain both exploitation and exploration through innovation. This episode examines how culture and incentives play a big role in encouraging a great flow of…
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