What is Open Innovation?

Most SMEs are familiar with the traditional, “closed” model of innovation, where enterprises generate and develop their own

ideas for innovative products or processes in order to remain competitive. However, with growing competition and ongoing
globalisation, enterprises should open their doors for the ideas, know-how and knowledge of external actors at a local, national and international level.

Open Innovation is a two-way process: The inbound process assumes that not all brilliant ideas are developed inside the
company, but that enterprises have to open up and collaborate with external partners such as R&TD centres, universities,
clients, suppliers, or even competitors. The outbound process on the other hand allows companies to sell their own innovative
technologies and processes to external partners (e. g. through licensing).

Explore the partners

  • Events

    Final Conference of the OpenAlps project at the "Haus der Wirtschaft" in Stuttgart

    Published 16-06-2014

    The Open Innovation Day attracted over 120 participants from six European countries. The event, moderated by Dr. Sven Schimpf of the Fraunhofer Institute for Industrial Engineering IAO Stuttgart,…

  • Events

    Galileo Innovactors Festival - Padua 5 -7 June 2014

    Published 23-05-2014

    From the 5th to the 8th of June the Cultural Centre of Padua San Gaetano (via Altinate) hosts the second edition of the Galileo Innovactors’ Festival, the European fair for technology…

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