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How To Find, Assess And Value Open Innovation Opportunities By Leveraging IP Databases?

By Paul Germeraad and Wim Vanhaverbeke

An increasing number of companies are practicing open innovation by relying on external sources of technology.1 However, inbound open innovation is not always leading to the expected improvements in innovation performance. A key factor for success is quickly and reliably determining which technology or solution a company should source externally. In this study, we explore reliable ways of finding relevant technology using intellectual property databases.

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