article thumbnail

NASA Announces Winners of Open Innovation Robot Contest

IdeaConnection

When NASA wanted help for the design of its next robot it knew just where to go for innovative insights – the crowd. The space agency launched an open innovation competition to design an arm for a space robot named Astrobee, and the first winners have just been revealed.

article thumbnail

Companies betting big on open innovation

hackerearth

Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. The free flow, in and out, of ideas and IP promotes innovative ecosystems. Why does open innovation work?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Clarifying Design in Business Sciences: a Design Thinking Taxonomy

Open Innovation EU

It’s about the way we think of design – in its broadest sense: organization design, strategic design, theory design, business model design, and product design – in business sciences. Jan Spruijt is an expert in Innovation Sciences. Design Thinking in Business Sciences.

article thumbnail

71 Innovation Methodologies

Open Innovation EU

Open Innovation (Chesbrough). Open Innovation Kick-Start Approach (AT Kearney). Open Innovation Requirement Model (AT Kearney). Experiments Open Innovation (Guinan). Human-Centered Design (IDEO). Updated Model of Design Thinking. Design Thinking Process (Stanford).

article thumbnail

“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

. Using the right innovation (tool) for the job. Arguably, the principle of Open Innovation was utilized for the first time by Professor James Murray in 19th Century Oxford, England. A History of Open Innovation. The Innovation Gamble. Lego – Bankruptcy.

article thumbnail

“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

. Using the right innovation (tool) for the job. Arguably, the principle of Open Innovation was utilized for the first time by Professor James Murray in 19th Century Oxford, England. A History of Open Innovation. The Innovation Gamble. Lego – Bankruptcy.

article thumbnail

Matching Crowdsourcing to Specific Stages of Business Model Innovation

Qmarkets

To describe EC, I’ll borrow its “classic” 2006 definition by Jeff Howe as an act of taking a job traditionally performed inside the firm and outsourcing it to a large (and usually undefined) group of people in the form of an open call. External crowdsourcing is mostly efficient when applied to market-creating innovations.