The case describes how a small company specializing in biometrics was founded and how they have used open innovation to acquire missing expertise which was vital for succeeding their reinvention of fingerprint imaging technologies, as well as for keeping their R&D at the cutting edge and enabling them to build potential for future diversification. From an initial team of 8 R&D biometrics specialists and within a period of 3 years they have successfully converted Jenetric into a manufacturing and service company with a subsidiary which was very recently opened in the USA to promote sales of their market-leading technology.
Open innovation for SME's
