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In the past few years, there has been a significant increase in the number of organizations initiating active open innovation (OI) programs.
While there are many benefits to this program – including lower research and development costs –, organizations have to be able to sort through the high volume of idea submissions to identify and select the few that actually hold potential.
This paper examines these challenges and outlines how the use of web-based software tools can help address them. Open now to learn more.