Open innovation – Benefits and difficulties in partnering with other firms

December 5th, 2010

This article by Hasannudin Saidin, CEO of InnovationXchange Malaysia was published in the 20 November 2010 to 03 December 2010 edition of Malaysia SME newspaper. This is the subsequent part of series on the subject of open and collaborative innovation for SMEs after the first published article from 6 to 19 November.

In this article, Hasannudin lines out some benefits and difficulties for SMEs in partnering with others particularly larger firms which can be achieved by the change of mindset. Understanding the benefits and difficulties are important for effective collaborations.

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