Oakland is an open innovation facilitator and a recognised authority in the discipline. So much so that we are regularly called upon as a spokesman in the field.
The fundamental principle of open innovation is that organisations can and should use external ideas as well as internal ones. Open innovation can help find new technologies, ideas, and expertise outside internal infrastructures, calling on suppliers, competitors, academics, and others to find the solutions to be used, transferred, or shared.
Open innovation allows companies to harness new ideas, reduce risk, increase speed to market, and leverage scarce knowledge resources. It has become a core management technique for many technology orientated companies.
