“Core competences” are a major concept in managing innovations and technologies. In the era of Open Innovation, the established concept of core competence management needs to be updated. innovation-3′s Frank Mattes recently met with a group of 20 innovation / technology managers from leading firms to work out how this could be done – with the practitioner’s perspective in mind.

Before Open Innovation (outside-in) gained wide-spread interest, innovation / technology managers used a quite straightforward approach for managing their firm’s technologies …

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