Ideaconnection Blog

Check out the IdeaConnection blog.  They are writing about Amway and Open Innovation.  " ... Since 2005, global consumer goods company Amway has launched 17 high-impact products in 55 markets and generated more than $700 million in revenue. And the credit is largely due to its engagement with open innovation. Open innovation is not everyone’s cup of tea. There are still many companies hunkered down between their own four walls wanting to keep things the way they are, steadfastly refusing to engage with external expertise. But OI is rapidly becoming the norm and to those who are still unsure about its benefits new research by Frost & Sullivan may allay fears and answer questions ... "