Open Innovation is a challenge, even for those companies who have established competence and experience. Like any challenge, it’s easy to look at what can go wrong, be cautious and not embrace it. It’s the same with Open Innovation, which is why we have put together a series of blogs looking at some common myths of Open Innovation.
We hope reading these myths helps – please contact us if you need any more help.
Myth #1 – It takes longer
Myth #2 – You compromise your intellectual property
Myth #3 – You compromise arising intellectual property
Myth #4 – You will be accused of stealing other people’s ideas
Myth #5 - You will upset your own people
Myth #6 – External solutions are better
Myth #7 – You should manage Open Innovation separately
Myth #8 – We don’t need to do it