NESTA's Corporate Connect programme recognised that big business, through its relationships with suppliers customers and consumers, is vital to the UK's economic health. Each enterprise has the power to connect to a range of people - be they suppliers, businesses and customers, producing new value from these links. Open innovation is a way of strengthening these ties, making them more productive, efficient and long-lasting.
Corporate Connect has been working with large firms since 2006, investigating how the complex and sometimes difficult relationships between the 'Goliaths' and 'Davids' of the business world can be enhanced. We worked with Fast Moving Consumer Goods companies such as Procter & Gamble, retailers such as Tesco.com, services companies like Orange and Virgin Atlantic and manufacturing firms such as McLaren. This breadth of experience working across sectors has enabled us develop expertise on ways to bring open innovation from the margins to the mainstream.
Learn more about the projects, and what we've learnt below.
Our conference 'Open for Business' April 2010, was designed to help companies navigate the Corporate Open Innovation process.
The interactive day featured Open Innovation experts, experienced practitioners and NESTA case studies of open innovation from corporates including, Procter and Gamble, Virgin, Oracle, Orange and McLaren.