How Does Open Innovation Affect Sensitive Information?
Open Innovation involves collaborating with external partners, which can provide numerous benefits but also comes with risks related to information security. To balance these, organizations often employ:
Strategic Partnerships: Carefully select partners with a proven track record of maintaining confidentiality. Clear Contractual Agreements: Define the scope of information sharing and legal repercussions for breaches. Control Shared Information: Share only the necessary information required for the collaboration, withholding more sensitive details.
