𝐄𝐯𝐞𝐫 𝐟𝐞𝐞𝐥 𝐥𝐢𝐤𝐞 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐬 𝐚 𝐣𝐮𝐠𝐠𝐥𝐢𝐧𝐠 𝐚𝐜𝐭?🤹‍♂️

You're not alone. The dance between open innovation and patents is a classic conundrum. 🤔 But could they be the perfect pair? 💡

This recent article had some interesting insights.

Here's how you can make them work together beautifully: 

𝐋𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐎𝐩𝐞𝐧 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧

→ Embrace external ideas and collaborate.

→ Tap into the global brainpower.

↳ This accelerates your innovation process. 🚀 

𝐏𝐫𝐨𝐭𝐞𝐜𝐭 𝐰𝐢𝐭𝐡 𝐏𝐚𝐭𝐞𝐧𝐭𝐬

→ Secure your unique innovations.

→ Patents protect your competitive edge.

↳ They act as a shield in the market. 🛡️ 

𝐅𝐢𝐧𝐝 𝐭𝐡𝐞 𝐁𝐚𝐥𝐚𝐧𝐜𝐞

→ Open innovation fuels creativity.

→ Patents ensure security and exclusivity.

↳ The sweet spot lies in integrating both. ⚖️ 

𝐄𝐧𝐜𝐨𝐮𝐫𝐚𝐠𝐞 𝐚 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐂𝐮𝐥𝐭𝐮𝐫𝐞

→ Foster an environment of sharing and protection.

→ Encourage teams to think outside the box.

↳ But always with a strategic safety net. 

𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐞 𝐚𝐧𝐝 𝐀𝐝𝐚𝐩𝐭

→ Regularly assess your innovation strategy.

→ Be open to tweaking your approach.

↳ The market is ever-evolving; stay ahead.

Remember, true innovation isn't a solo sport. It's about finding the right partners and protecting the unique value you create.

How do you blend openness with protection in your innovation strategy? Share your thoughts below or on LinkedIn! 💬