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Q: How important is the concept of open innovation to your firm's activities?

Cutter's survey on Open Innovation found that there are still a fair number of us who aren't looking closely at open innovation. According to Joe Feller, "The term is nearly a decade old, and more important the term came about in response to many prior years of observable activity within various industries. That's simply too many years of 'openness' behind us to simply ignore. Just to be clear: I do not think that open innovation is a panacea with something to offer everyone. However, I do think that every contemporary organization that has not asked 'Can we benefit from the talents and capabilities of people beyond our organization?' and 'If so, how?' needs to stop right now and answer these key questions."

* Excerpted from "Moving (Slowly) Toward Openness" (Login Required), Cutter Benchmark Review, Vol. 11 No. 7.

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