What is Open Innovation and Why Do Businesses Need It?

At InnovationXchange, we pride ourselves on our ability to secure an innovation strategy, that will help your business thrive. So, what is Open innovation and how is it implemented?

The introduction of Open Innovation allows organisations to look beyond simple internal resources. Focussing on strategic intent, business capabilities, potential gaps and opportunities via external entities, Open Innovation is ultimately focussed on unlocking future potential and uncovering new ideas.

In today's Global knowledge economy, it is imperative for organisations to access the best ideas and capabilities from around the world. With more and more organisations wondering 'what is open innovation?' and 'how can it be utilised within our business?', we aim to provide an international network of creative technologies and cutting-edge innovation solutions, to help you drive success.

For further information, please contact us today, and ask one of our dedicated professionals ''What is Open Innovation?' to see how we can support your organisation. Please send us an e-mail at: connect@ixc-uk.com, or call us on 0121 250 5717.