Remove Competition Remove Crowdsourcing Remove Project Remove Travel
article thumbnail

Innovation Department Best Practices: A Talk with Peter Berger

IdeaScale

As an innovation director, Berger is working on projects that include the development of an all-electric vertical take-off and landing (VTOL) aircraft to be used for short-distance air travel with the ease of hailing an Uber. Push the boundaries, but don’t forget where your competitive advantages are.

Ideation 196
article thumbnail

Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

Travel anywhere on earth in a rocket under an hour.” While it will take another 6-9 months for the project to begin, we took a look at something similar and audacious he had proposed a few years earlier—the Hyperloop. Musk could have made the Hyperloop a secret project, created patents, and formed a successful company.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Growing Value in that Crowd- Encourage it Out.

Paul Hobcraft

The use of crowdsourcing : the goal for me, is to engage and move the crowd towards a new direction, by encouraging out individual thinking and discovery, searching for combining these contributions; ones that lead to novel, new answers that move a challenge forward into a solution, one that has improved value over the existing.

article thumbnail

The Growing Value in that Crowd- Encourage it Out.

Paul Hobcraft

The use of crowdsourcing : the goal for me, is to engage and move the crowd towards a new direction, by encouraging out individual thinking and discovery, searching for combining these contributions; ones that lead to novel, new answers that move a challenge forward into a solution, one that has improved value over the existing.

article thumbnail

Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

Benefits of Crowdsourcing Ideas Ideas have a huge amount of potential and can result in a variety of benefits for an organization. This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI.

article thumbnail

Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

Benefits of Crowdsourcing Ideas Ideas have a huge amount of potential and can result in a variety of benefits for an organization. This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI.

article thumbnail

15 most important Innovation Theories your company should be using

Idea to Value

10 – Open Innovation, Crowdsourcing and Idea Management. Whether you call it Open Innovation, Idea Management, Innovation Management Systems or Crowdsourcing, the concept is pretty similar. Companies which want a structured system to manage a funnel of ideas and projects (e.g.

Company 248