Rapid innovation requires the ability to reuse intellectual property (IP) in new designs. This presentation explains how to take advantage of the open nature of LabVIEW by incorporating IP from a wide variety of sources, in languages such as C and Mathscript, on embedded and real-time systems. It explains how to take this further with new tools for importing existing HDL-based FPGA IP into LabVIEW, whether sourced from freely available web-based archives, in-house libraries or commercial sources, such as the Xilinx Core Generator libraries.