The power of Collaborative Innovation
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With 1.4 billion people connected, the Internet is the greatest collaborative network that mankind has experienced. One of the consequences of the growth of this network is a shift in the way knowledge is being created and distributed. As we move to an interconnected world, the balance of power is shifting from old, proprietary models of knowledge creation to the open source model that emphasizes collaboration and sharing. From management gurus to consulting firms to leading business schools, everyone is taking note of this new phenomenon that goes by various names like ‘Collaborative Innovation,’ ‘Open Innovation,’ or ‘Distributed Co-creation.’
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