Shift in innovation paradigm from inside-driven and “Closed Innovation” to “Open Innovation”.
The enhancement of this business model use internal and external ideas to generate values.
In recent years, different industrial sectors like automobile, material science or mechanical engineering successfully implemented the concept.
Until today, the Life Science Industry like Pharma, Cosmetic, Chemistry and Biotechnology, use the concept in different degree of opening.
Bock Project Management has recently introduced the perception of Open Innovation Strategy in Life Sciences (OILS) to the community.