![John Stewart breaks down appropriate approaches, based on your Open Innovation goals](https://i0.wp.com/pswordpress-production.s3.amazonaws.com/2013/07/tatelyle.png?resize=600%2C375&ssl=1)
- Cultivating partnerships with companies all across the board (large and small) to find new products and technologies
- Growing the innovation pipeline with those new products and technologies
- Acknowledging limits within the company and finding other companies to fill the gaps
- Cutting development time potentially by years
- Contract research
- Basic research through academic collaborations
- Joint ventures
- Technology or company spin-offs