Open Innovation in France
< 12/29/2009 - by Staff PRESANS >
Open Innovation is the idea that a company can create value (product and services) not only by its internal workforce but as well through collaborations, licensing & spin-off. The concept of Open Innovation is now well known as it emerged in the United States about fifteen years ago.
In the United States, where Open Innovation is now well accepted, it has been observed that companies practicing Open Innovation tend to be more efficient in terms of innovation (shorter cycles with lower costs) than those who did not use this concept.
The government and large company top management are trying, somehow, to “impose” Open Innovation into French habits.
How public authorities could be adapted to support Open Innovation? We examine in this article that certain adjustments could be made. Is Open Innovation the best approach? In any case, is it a suitable approach for France?
Comments
Open innovation can be a
Open innovation can be a great opportunity and will definitely consider this is business, especially for us who now plans on moving to France within this year. Will read more in your blog, thanks for the link.
We can say it as universal
We can say it as universal truth that large manpower produces more than less manpower in today's generation too. We have many types of computer mechanism to decrease the manpower but still large manpower can produce more in terms of quantity and quality.
Open innovation can be more effective for small busines more than large businesses. Small businees can be grown too fast through open innovation by involving new partners and recruiting more manpower. But entrepreneurs should not start open innovation for their business if they don't have proper idea for best management of innovation. In that case, we can also say that open innovation can be risk too and you might need to search for credit card relief programs. Everything has it's positive and negative parts and so do it too. But it's positive part has more than it's negative part. So, every small business might find this helpful to make their business larger with proper managerment.
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