Over the last decade, many corporate innovation initiatives have been born, some have flourished but some failed to take root. Among the lessons learned, we see the need for continued openness and cooperation.
According to Nesta, an inspiring social innovation foundation based in the UK, systemic innovation involves interconnected set of innovations, where each influences the other, with innovation both in parts of the system and in the ways in which they interconnect. This means that innovation should not only create value for one entity but for all involved. Therein lies the challenge.
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