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Don’t be distracted by the ‘shiny new objects’ arising from the advance of technology

The ‘father of open innovation’, Henry Chesbrough, has just published a follow-up to his ground-breaking first book. He believes business must extend beyond the creation of new technologies, to also include their broad dissemination and deep absorption, in order to prosper from new technologies. GLENDA NEVILL reports. ‘Open innovation is a term used to promote an information age mind-set toward innovation that runs counter to the secrecy and silo mentality of traditional corporate research labs.’ ~ Wikipedia Right now, think tanks and scientists and researchers across the globe are collaborating in the search for a coronavirus vaccine (or cure). This…

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