Created as part of ERAC, the Living Lab Montérégie is an emerging laboratory in the Montérégie area that aims at developing an open innovation culture among entrepreneurs in concerted cooperation with partners from the regional ecosystem.
To promote co-creation and open innovation among entrepreneurs, economic development advisors, researchers, creators, clients as well as public, private and parapublic decision-makers who want to contribute to making the Montérégie bloom. Together, we can reflect upon solutions to our current societal challenges and support healthy economic growth.
Montérégie Économique has teamed up with Arche Innovation to run business-startup networking activities and focus group services for our Montérégie startups.
Modernize Montérégie’s current economy by introducing continuous innovation processes in local SMEs.
Support Montérégie startups with expert coaching.
Modernize Montérégie’s current economy by introducing continuous innovation processes in local SMEs.
Support Montérégie startups with expert coaching.
It is an innovation paradigm that encourages companies to use both internally and externally developed ideas, while considering new ways to commercialize and advance their own technologies. Open innovation integrates these fresh ideas and ways of doing things into a new (re)structured business model that is deemed more appropriate.(Chesbrough, 2003.)
More broadly, open innovation is a set of practices organizations use to improve their results and extend their scope by involving into their innovation processes the multiple actors in their environment, such as employees, customers, suppliers, partners, start-ups, and research centres. The knowledge flows involved in the implementation of innovation are no longer limited to the walls of the organization’s innovation department. They now come from the company’s ecosystem as well as from regional sources like universities, financing programs, technological solution providers and any other stakeholders capable of encouraging reflection on innovation design and implementation.