August 2, 2018
There are a lot of issues with the so-called ‘Open Innovation’ model – a prime example of course is ownership of intellectual property (IP). This has the potential to be a minefield if not properly understood and managed. However, before we go too far down the path of collaboration and open innovation, it may first be useful to agree on what we even mean by innovation, a word that seems to have been corrupted by so many, achieving nothing more that turning the simple into the complex! It can be argued that innovation is the basis for all things new and better. But what inspires innovation and new ideas? More to the point, what is the link between an innovative or inventive idea and an outcome? If we think of innovation when applied to building a business and making money, we need to think about the risks in business. In most cases when…
















