Published by Thomas Net Industrial News, 27 September 11
Manufacturers need to tackle multiple OI projects simultaneously to see positive results Gunjan Bagla director of the Open Innovation Practice at Cerritos Calif.-based Amritt Inc. notes.
When getting started it is helpful to work on two to four small OI projects at the same time and learn quickly from successes and failures Bagla explains. This is better than starting with one large project. Even if that project is a grand success you don’t know for sure if you got lucky or if there are lessons to be applied to future projects.
Amritt a consulting company that helps senior executives with global innovation recently assisted a mechanical equipment manufacturer that needed to incorporate biomaterials into its processes to boost its competitive edge in the U.S. market. Amritt scouted for and found a series of biomaterials experts in Asia some of whom had already developed licensable IP for the equipment maker.
Last updated: July 9th, 2024
