It would be too early to say that the bandwagon of open innovation is sweeping across Europe, but it is fair to say that business models based on open innovation rather than on self-sufficiency in innovation and the preservation of exclusivity in one's technology are finally gaining ground. Since they require less financial investment, they are less vulnerable to the availability of credit; and they have the potential to evolve into arrangements which are less formal than FRAND-based standards while at the same time retaining many of their benefits.
Friday, November 11, 2011
"Open Innovation: the Challenges and Solutions"
It would be too early to say that the bandwagon of open innovation is sweeping across Europe, but it is fair to say that business models based on open innovation rather than on self-sufficiency in innovation and the preservation of exclusivity in one's technology are finally gaining ground. Since they require less financial investment, they are less vulnerable to the availability of credit; and they have the potential to evolve into arrangements which are less formal than FRAND-based standards while at the same time retaining many of their benefits.
About computer technology
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