Open innovation as an alternative to production technology

Today, in the globalized world in which we live and with increasingly technology advances, consumers are becoming more and more interconnected and companies see the world not as something unattainable but rather as one market. It is for this reason it is very important for all large corporations to be updated to the preferences of their consumers and their changing needs.

To achieve a higher market position, companies should use open innovation. it is said that innovation should be open because in this new era, information shouldn’t be obtained just from new ideas that are generated within the organization but also outside, in other words to develop open innovation is necessary to work with employee allocating part of working hours to search and generate new ideas, and that refer to external consumers looking for meet new needs generated new ideas to meet those needs and the company work better directly with consumers in order to be able to develop better in this area.

If it is true, technology and innovation are two factors that every company should develop since adapting to constant changes is a challenge that must be overcome for them and what better than giving the opportunity to young geniuses to contribute with their new technology and turn a new product targeted to a global community and is believed ideas. Nowadays, what it is in trend is technology, Internet and social networks. Is for this reason that innovation is further developed in these areas. Focusing on the area of ​​technology it is much easier for companies because we all have the culture of the Internet and new technologies making it much easier for companies to generate new markets or improve existing ones, since basically all the world have the same needs in terms of technological aspects; unlike companies that focus on traditional goods and services like food, health products or foods where the culture of each country is a determining factor when entering that market.

Thus we have never imagined a world in which technologically connected in which with the Internet and technology, it could be possible create products such as smart phones, laptops, projections in three dimensions including products developed by recognized companies Apple and Google as are the IWatch and Google Glass.

All these new amazing and very little peculiar inventions lead to something, the world does not stop and innovation along with technology go faster seeking to develop new trends and needs. In the last decade development in this field has been much faster than in previous decades, because we are in the era of knowledge and innovation. Technology also jointly with science have momentous steps in the history of mankind, because they are part of the development of the current world economic powers and Asian giants. It is for this reason that there is a need to promote innovation in developing countries with the goal of achieving optimum levels of development that will enable us to live up to these big countries.

Future of open innovation stills vast, new technological inventions of today could be in a somewhat minimum decades compared to what is coming and countries like Ecuador recently are paying first steps. It should be emphasized that the best ideas are not only found in one country or region, these are worldwide and the use valid tools such as the crowdsourcing is only a mechanism that companies have to attract these creative ideas that each Once they outperform existing.