Open Innovation by Greenovate! Europe

Open Innovation means a purpose-oriented integration of external partners into one’s own innovation processes. External partners typically include innovative customers and suppliers, technical and research centres, experts from other disciplines or sectors, as well as specialised innovation service companies. They add value to the innovation process by providing market orientation, evaluating technology objectives, and identifying cost-efficient solutions to address innovation challenges. They also share the risks and costs of medium or long-term development and support industrial validation. The result is a de-risked and cost-effective innovation process with higher chances to meet client needs and a reduced time-to-market.

In order to effectively support companies in their innovation processes, Greenovate! Europe has established a comprehensive, interdisciplinary and integrated innovation network. Our partners comprise of well-known global players, efficient regional industry clusters, industrial branch organisations and renowned research centres or technology developers. Our innovation service providers speak the languages of technology, business, law and finance. We have strong working relations with public funding bodies and private equity organisations. And other than just web-based Open Innovation services, Greenovate! Europe offers with this network a selective and targeted access to key knowledge providers and potential collaboration partners throughout Europe.

The key elements of our service are problem analysis, technology and commercial evaluation, commercialisation of the corresponding research results and the purposeful implementation of spin-off processes and corporate venturing, always relying on risk sharing strategies. And very efficiently we combine European level activities with strong regional interfaces.