Democratizing Innovation

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Eric Von Hippel – When I say that innovation is being democratized, I mean that users of products and services—both firms and individual consumers—are increasingly able to innovate for themselves. User-centered innovation processes offer great advantages over the manufacturer-centric innovation development systems that have been the mainstay of commerce for hundreds of years. Users that innovate can develop exactly what they want, rather than relying on manufacturers to act as their (often very imperfect) agents.
Moreover, individual users do not have to develop everything they need on their own: they can benefit from innovations developed and freely shared by others

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