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In this interview, Chris Ryu, Open Innovation Manager at LG shares insights and experiences on how LG innovate with small companies. You can find more information on LG´s open innovation efforts on their Collaborate and Innovate portal.

How well informed do you find small companies to be about open innovation?

From my experiences, they’re not informed with the term, “open innovation”, but I find that they understand and appreciate big companies’ open innovation initiatives. And for them, developing internally is not an option, so they must find right partners to work with to launch their product/solutions.

To read the full, original article click on this link: Key Insights on LG´s Open Innovation Work With Small Companies | 15inno