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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?

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To accelerate innovation, focus on culture

Jeffrey Phillips

There's an old joke about perspective and laziness I love and have used before on this blog, because it illustrates many of the challenges (and opportunities) of corporate innovation. Therefore, everyone focuses like crazy on the idea generation, safe in the knowledge that they won't be called on to actually attempt to implement them.

Culture 150
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Creating Innovation Connections as the Customer Advocate

IdeaScale

The strong customer advocate knows the landscape, keeps customers top-of-mind, represents the “voice of the customer”, sets expectations around customer value, supports open innovation with customers, and keeps future customers in mind. Bring the “voice of the customer” into the decision making and idea generation.

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Why you should work with an innovation consultant

Jeffrey Phillips

I have a somewhat (cough) vested interest in writing a blog post about why you should work with an innovation consultant. The real purpose of this blog is to answer the question: why should I work with an innovation consultant? But I digress.

Tools 113
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Exploring frameworks and methods you need to know as an Innovator

Paul Hobcraft

Recently, well actually, over the past twelve or eighteen months, I was asked to explore and explain different frameworks that the innovator might need to know or at least have an opinion upon. These were for HYPE and posted on their blogs, mostly under their “Methods & Frameworks ” tag.

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Why Your Innovation Funnel Needs an Overhaul: A Step-by-Step Guide

Qmarkets

However, here at Qmarkets we believe that this is only one part of a greater innovation funnel. We have created a unique vision of the innovation funnel which incorporates the full spectrum of innovation activity. Now let’s dive into each phase and explore how you can maximize your innovation ROI.

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Why Your Innovation Funnel Needs an Overhaul: A Step-by-Step Guide

Qmarkets

However, here at Qmarkets we believe that this is only one part of a greater innovation funnel. We have created a unique vision of the innovation funnel which incorporates the full spectrum of innovation activity. Now let’s dive into each phase and explore how you can maximize your innovation ROI.