5 Keys to Successful Open Innovation Competition

Open innovation challenges offer more than just opportunities for innovation. They can also boost digital transformation and facilitate learning by doing. Defining clear objectives is crucial for success, along with building a dream team with the right community of developers, students, and employees. It is also important to make the innovation subject accessible and communicate effectively throughout the challenge. Additionally, organizing and maintaining efforts of communication is necessary to reduce the risk of potential dropouts from the project.