Open Innovation and Professional Social Networks

The spread of use of Professional Social Networks, amongst professionals, is having a big impact in the innovation processes within companies. These networks are giving to innovators and alike, various options to share knowledge, contacts and expertise between them thus allowing them to access new ways to innovate not just within companies but between companies. Growing attention has been devoted recently to the concept of “Open Innovation”. Chesbrough, who coined the term “Open Innovation” describes how companies have shifted from […]