Manufacturers and Open Innovation | Pennsylvania IRC Network


The IRC Network is leading a state-wide initiative to help manufacturers implement and utilize an open innovation business model. The need for incorporating open innovation into traditional innovation and product development initiatives is being driven by the rapid pace of change in emerging technologies and markets. Open innovation is now recognized as a critical tool for increasing speed to market with more promising innovations, resulting in accelerated business growth. Studies have shown that innovations that are connected, or “open”, can have as much as twice the return versus those developed solely in-house.

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