Open innovation for better business development

SGGP 07/21/2023 11:11

On July 20, in Ho Chi Minh City, the Open Innovation and Technology Entrepreneurship Institute (OITI), Zestif, S-World in collaboration with the Department of Science and Technology Enterprise and Market Development (Ministry of Science and Technology) opened the Open Innovation Day - TechTraverse 2023 event series.

With the message “where technology meets industry”, this is the first Open Innovation event held in Vietnam, gathering more than 100 leading experts from international organizations; schools, institutes; leaders of corporations, startups... At the program, experts said that Open Innovation is being competed and developed by ASEAN countries to attract potential resources and talented human resources.

The concept of Open Innovation has been studied by many countries, but in the current context, with the development of technology 4.0, the flat world ..., each country has an initiative to deploy the concept of Open Innovation in a more creative way. According to IBM's report, 84% of senior managers believe that Open Innovation plays an important role in future development strategies, and is also a way to unleash the potential within the enterprise.