Open Innovation and the Stage-Gate Process: A Revised Model for New Product Development Harvard Case Solution & Analysis

This post checks out how companies can take advantage of opening the brand-new product development process by incorporating the concepts of open innovation with the Stage-Gate process. It analyzes the prospective chances of utilizing the concepts of both outgoing and incoming open innovation within brand-new product development at a company in the upstream oil & gas market. A practitioner-oriented work model, called the open Stage-Gate model, can make use of the benefits of "openness."
Open Innovation and the Stage-Gate Process A Revised Model for New Product Development Case Study Solution

This model enables specific factor to consider of import and export of knowledge and innovation through gate assessments as well as makes it possible for companies to continually examine their core abilities and company model. The application of this model can aid companies in recording value from both external and internal innovation exploitation in progressively open innovation procedures.

PUBLICATION DATE: May 01, 2010 PRODUCT #: CMR460-PDF-ENG

This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP

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Open Innovation and the Stage-Gate Process: A Revised Model for New Product Development

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