Intuit is actively marketing Open Innovation with individuals and firms outside the company. Although Intuit devotes internal resources to innovation, they are building value by getting new ideas from outside sources.
According to Intuit,
"Entrepreneur Day is part of Intuit’s broader initiative to drive mutual growth through Open Innovation and partnerships. A select group of entrepreneurs, startups and small but more-established companies will have the opportunity to meet and talk with a broad group of senior Intuit leaders. The potential rewards for collaboration are considerable: access to leading brands, large customer base, award winning product lines, developer ecosystem and extensive marketing and distribution channels."
Labels: innovation, Intuit, open innovation