Open Innovation? No, thank you!

Hi everyone, and welcome to my humble innovation space (where noone hears me scream ;). In my last post I talked about what I regard as one of three pillars for a successful Open Innovation strategy: competence. Before talking about the next one, I'd like to show you two real-world examples of Open Innovation and compare them side-by-side. Recently I received this post from one of my (too many) subscribed Internet newsletters: http://www.eetimes.com/electronics-news/4212555/Intel-pumps-100M-into-new-research-model Intel is spending 2.5M$ a year in 50 top researchers from Stanford alone. For you lazy guys out there, I'll point out some remarkable points of the Intel-Stanford Open Innovation venture: " Unlike past Intel Labs centers, the new investments will be for centers in which Intel provides about four full time staff" Makes sense, doesn't it? After all, it's not only results that matter. Competence to be gained by Intel engineers on the matters at hand