Open Innovation — a myth or reality?

Sanjiv Goyal
4 min readSep 30, 2021

Although much has changed in the use, management, and exploitation of intellectual property, technical research has driven the emergence of this technology. The paradigm of open innovation can be interpreted as extending to external sources of innovation such as customers, competitors, and academic institutions. In other words, organizations that seek open innovation benefit the company and create opportunities that can’t be quantified, at least in the short term.

This idea is at the heart of our argument on the importance of open innovation in addressing societal challenges. So-called open…

Sanjiv Goyal

A futurist, angel investor, and Silicon Valley entrepreneur, Sanjiv Goyal, connects the dots and embraces disruptive technologies to global problems