Attempts to defeat competition are driving innovation capital trends
Academic Henry Chesborough might have published his book, Open Innovation: The New Imperative for Creating and Profiting from Technology, back in 2003, but the ramifications of his insight – that no company has a monopoly on the smartest people and so it needs to look to external sources for useful ideas – has continued to ring true.
It is instructive, therefore, to look at the main tools some of the world’s largest companies have for managing their internal and external…
