What is Open Innovation?

When researchers in the public sector discover a new, revolutionary idea they often will turn to the private sector to help them develop the product and bring it to market. This idea, known as open innovation, is essential for taking innovative concepts from the lab to the public.

Dr Wim Grunewald of the public Flemish Institute for Biotechnology and Dr Marnix Peferoen of Agrosavfe explain this crucial relationship.