Our collegues of Fraunhofer IAO and University of Berkeley (Henry Chesbrough and sabine Brunswicker) have surveyed large firms in the US and in Europe about whether or not they actually practice open innovation. The results are very interesting. Here are some key findings:
- Among companies with sales larger than $250 million annually, 78% practice open innovation
- Among those companies, 71% report that top management support for these activities are growing
- 82% of firms report that open innovation is more actively practiced now, compared to three years ago
- None of the companies in the survey have abandoned open innovation as of now.
For the full report as well as many additonal details please visit the official website at Fraunhofer IAO.