Based on your reading of the case titled “Open Innovation at Siemens”, answer the questions that follow.
*Refer to both the Open Innovation at Siemens and Open Innovation class materials attached below
Q1. Why did Siemens create an open innovation initiative? What perceived problems was the initiative trying to solve? (5 points)
Q2. Why do employees participate on Technoweb 2.0? What concerns might prevent them from participating? (5 points)
Q3. What metrics should be used at Siemens to assess the effectiveness of open innovation? Should they be different for each type of program? Why? (5 points)
Q4. Should responsibility for open innovation be centralized (i.e. be part of CT) or decentralized (i.e. be part of each business unit) ? Explain. (5 points) *Question 4 is open-ended and you may refer to class slides attached below