Open innovation

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NESTA's Corporate Connect programme recognises that big business, though its relationships with myriad suppliers customers and consumers, is vital to the UK's economic health. Each enterprise sits at the centre of its own ecosystem, producing new value from its links with others. Open innovation is a new way of strengthening these links, making them more productive, efficient and long-lasting.

These broad benefits are why 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 has enabled us to pull together the disparate threads of the emerging open innovation sector.

Published
April 2010

Author
NESTA