Committed to technological innovation, Orona, a leading Spanish lift company, created a cooperative research model based on open innovation in 2003. The model included a set of institutional relationships, gathered into the Vertical Transport Innovation Network (VTIN), which controlled participation, mediated disputes, and performance metrics. The VTIN funded and generated innovation and employed a range of Innovation Management Tools including collaborative project management, portfolio manage...

BPIR Categories

2.2.4 Formulate and review business unit strategy
3.2.3 Develop&integrate technology/innovation into concept
14.3.2 Implement an improvement approach/method/technique
2.1.4 Assess new technology innovations

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