Open Innovation Ecosystems

In contrast to traditional innovation, which tends to unfold behind closed doors, open innovation leads to new products, services and operating models as the result of collaboration and co-creation between an organization and its partners. The IBM Institute for Business Value (IBV) and APQC have jointly developed a maturity model, Ecosystem Enabled Innovation Maturity Model (EEIMM), to analyze whether maturity on key open innovation capabilities results in a more efficient innovation process and improved business outcomes.