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Big companies are relying on mergers and acquisitions, joint ventures, and licensing, with huge funds set aside to grow and consolidate, for continuous and disruptive innovation. Source: Stanford SocialInnovation Review. Part 1: India. It is an autonomous body of the Department of Science and Technology (DST).
As a workshop facilitation tool and a creative knowledge-base for inspired new connections, Be-novative has a clear value proposition that is connected to the everyday of a company and of any individual in a remote world. How people can relate to your brand depends on how they can relate to it in their everyday work or everyday lives.
However, there are two other important groups of people who invest in the corporation without a guaranteed return: Taxpayers , through a wide variety of government agencies charged with spending on physical infrastructure and the nation’s knowledgebase , regularly provide productive resources to companies without a guaranteed return.
Open Innovation Open innovation leverages external expertise by collaborating with customers, suppliers, research institutions, and other stakeholders. It accelerates innovation cycles and fosters industry leadership by tapping into a wider knowledgebase.
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