Peúgo: The Most Common Open Innovation Challenges

In today’s rapidly changing business landscape, innovation has become the lifeblood of organizations seeking to stay competitive and relevant. Traditional innovation models, which relied on in-house R&D departments, are gradually giving way to open innovation – a paradigm that embraces external collaboration to generate new ideas, products, and services. Peúgo, a term coined to represent the fusion of “People” and “Eureka,” symbolizes the collaborative spirit behind open innovation. However, despite its potential benefits, open innovation is not without its challenges. This article will explore the most common challenges that organizations…

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