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Can Open Innovation Shape the Future of the Welsh Economy?

The term ‘innovation’ gets thrown around constantly in modern day business; meaning different things to different people. However, in recent years, the term ‘Open Innovation’ has become more apparent; especially in the world of product development. Developed by Henry Chesbrough in the early 2000s, the concept highlights the worth of using outside sources of innovation to improve one’s own product or service; a theory that many 21st century businesses are now exploring. Utilising the help of people outside your own internal network can boast various benefits; a way to actively incorporate the wider community into your innovation management strategy.

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Bad Packaging Design Shamed by Recycling Association

Pringles tubes and Lucozade Sport bottles are the “villains” of the recycling world, a trade body has said. The Recycling Association named them in a list of products that pose the biggest challenges for reuse. The greater the number of materials used in packaging, the harder it is for recycling machines to separate them. The distinctive Pringles packaging – with its metal base, plastic cap, metal tear-off lid, and foil-lined cardboard sleeve – was said to be a “nightmare”. Lucozade’s bottle is recyclable but it is enclosed in a sleeve made from a different kind of plastic. Read more