What could possibly connect the leading athletic products supplier in the world with the largest consumer electronics retailer in United States? A unique initiative called GreenXchange has done just that.
Nike, Best Buy, and a small group of other companies have partnered with Creative Commons to create GreenXchange, a program that aims to assist companies to share intellectual property for green product design, packaging, manufacturing, and other environmentally friendly applications.
Does that mean Nike is starting to “share” proprietary product innovation information with its many competitors? Well, not exactly.