Skip to content

Share

  • Add this article to your LinkedIn page
  • Add this article to your Twitter feed
  • Add this article to your Facebook page
  • Email this article
  • View or print a PDF of this page
  • Share further
  • Add this article to your Pinterest board
  • Add this article to your Google page
  • Share this article on Reddit
  • Share this article on StumbleUpon
  • Bookmark this page
MEDIA RELEASE

PA Open Innovation Survey findings

17 March 2010

PA Consulting Group has recently completed an Open Innovation (OI) Survey among business development and R&D directors in 30 of the World's largest healthcare and manufacturing companies. This qualitative piece of research evoked an enthusiastic response and rich comment from senior innovation leaders, willing to engage on what is clearly a 'hot topic' at the moment. Industry sectors covered range from pharmaceutical and medical device development through to large scale engineering and to consumer products.

The survey reveals attitudes, challenges, pitfalls and opportunities surrounding OI defined as how a company works with partners, agencies and other companies outside its organisation to foster innovation - essentially, innovative innovation.
Key findings include: an OI culture is becoming established; the potential benefits of OI are recognised; OI investment decisions pose unique questions; approaches to it vary according to business context and maturity.

In today's business climate, the ability to think two steps ahead of the competition is not just an advantage, but a necessity. The feedback in this survey provides valuable pointers for implementing OI in any industry.

Contact the innovation team

Frazer Bennett

Frazer Bennett

Anita Chandraker

Anita Chandraker

Andy Katz

Andy Katz

Hsiu Mei Wong

Hsiu Mei Wong

By using this website, you accept the use of cookies. For more information on how to manage cookies, please read our privacy policy. 

×