business innovation

To business leaders, "open source" often sounds too altruistic—and altruism is in short supply on the average balance sheet. But using and contributing to open source makes hard-nosed business sense, particularly as a way of increasing innovation. Today's firms all face increased competition and dynamic markets. Yesterday's big bang can easily become today's cautionary tale. Strategically, the only viable response to this disruption is constantly striving to serve customers better through sustained and continuous innovation. But delivering innovation is hard; the key is to embrace open and collaborative innovation across organizational walls—open innovation...