Reward Engagement in Open Innovation

Published On:
June 28, 2021
Authored By:
APQC
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Open innovation reward systems are distinct from other methods of recognition because they verify that the organization is serious about capturing new ideas and motivating individuals to contribute. An excerpt from APQC’s report, Open Innovation: Creating Flexible Collaboration, this article examines how to reward internal and external contributors for their ideas and includes an example from Facebook.