| 02 March 2009
The Bill & Melinda Gates Foundation and The Lemelson Foundation is sponsoring another project with open innovation focus: "The Initiative for Open Innovation" (IOI) in Australia.
If we look at the current status of Open Innovation (from a practical viewpoint) we see a lot of company initiatives or independend open innovation communities. These are usually focussed on the inbound process of open innovation.
But initiatives with focus on the outbound process, especially from an independent organisation, are lacking. The "Initiative for Open Innovation" is one of those few.
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We know that there are basically two ways to adopt open innovation in a company: 