Innovation is vital in the design industry as it leads to unique and feasible products, fulfils user needs, solves problems, increases market opportunities, and promotes sustainability.
Digital innovation is changing the paradigm and forcing companies to become more open. Open networks, open data, open knowledge, and open hardware are the four aspects where technology is trending toward openness.
Toy manufacturers like Mattel and Hasbro are capitalizing on the popularity of social media themes to drive growth, and are streamlining their innovation processes to develop products in months or even weeks.
