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Being Too Open Stifling Innovation

Open innovation is praised for driving breakthroughs. But is there a downside? Can sharing too much actually hurt a company trying to achieve radical innovation?

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By Pranav Answered 4 months ago

Definitely. This is called the "liability of openness." If you're not careful, sharing can lead to costly knowledge leaks, erode your competitive edge, and create massive headaches in trying to integrate disparate external ideas. The key isn't to be walled off or completely open, but to be strategically open—fiercely protecting your core "secret sauce" while collaborating selectively on complementary areas.

 

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