Open the door to open innovation / IBM Institute for Business Value ; authors Anthony Lipp, Anthony Marshall, Jacob Dencik
Series: Research insights | IBM Research InsightsPublication details: [New York] : IBM Corporation, January 2022Description: 16 p. : tablas ; 1 documento PDFContent type:- texto (visual)
- electrónico
- recurso en línea
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CDO | Colección digital | Acceso libre online | 1000020177109 |
The concept of open innovation asserts that sharing ideas and collaborating, both internally and externally, delivers better outcomes. In practice, open innovation has rapidly become an engine of revenue growth and business performance. Organizations that embrace open innovation had a 59% higher rate of revenue growth compared to those that don’t. But successful open innovation doesn’t happen in a vacuum. It requires deep engagement with broad ecosystems that enable open innovation. The results are telling. In our new survey of almost 2,400 executives around the world, open innovators with strong ecosystem engagement had a 58% revenue growth rate premium over organizations that pursue open innovation alone.
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