Course: THEORY AND PRACTICE OF OPEN INNOVATION
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Attention: This course is not currently being run. If you are interested in this training please contact the Council of Industry or phone us at (845) 565-1355.
The final course of the Innovation Series will review multiple theories of open innovation, including open outside, open inside, and the use of brokers and other third parties. The course will include a discussion of the pros and cons of open innovation, including the issue of protecting intellectual property, and a review of best practices in open innovation: IBM, P&G, Whirlpool, and others. Participants will learn about the value of open innovation approaches, criteria for selection of the correct approach for each business, and development of open innovation strategies and plans. Finally, participants will understand which approach to open innovation, if any, applies to their business, and develop a preliminary open innovation strategy and action plan.