What Philips Wants from Open Innovation

Philips North America chairman Greg Sebasky, left, calls it “one of the first attempts by a large company to do open innovation.”

By Scott Kirsner · June 18, 2013 · 1 min read

The Dutch lighting and healthcare giant Royal Philips is embarking on “one of the first attempts by a large company to do open innovation,” in the words of Greg Sebasky , the chairman of Philips’ North America business. The initiative is called the Philips Innovation Fellows…