Open innovation covers a range of different types of initiatives with one thing in common; that people outside of the organisation are invited. This could be customers, suppliers, partners or universities. Collaborating with external entities can open new perspectives, help speed up development, and enable innovation across value chains. Open innovation builds on the same mechanisms as internal innovation but requires that you are particularly clear on what you expect from each party and pay attention to their needs and incentives for participation. When you succeed you can expect ideas and impact above and beyond what you as an organisation could achieve by yourself.