In defense of industry-agnostic innovation management

David Marks

He is in charge of the innovation and development in his company. I was telling him about the innovation assessments I conduct. “ The innovations required by a fashion retailer are not equivalent to those of a pharmaceutical or a telecom company.

Crowdsourced Innovation: Three Things I Learned

IdeaScale

During my first two weeks as a Marketing Intern for IdeaScale, I learned about how the business world operates, particularly how an organization uses crowdsourced innovation with tools such as IdeaScale. I didn’t realize how important crowdsourced innovation really is in the business world!

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How much is innovation costing your organization?

Innovation 360 Group

Recapture your innovation investments. Three actions you can take to improve your innovation ROI. Too many companies see ‘innovation’ as something abstract from solving real problems and creating real value. Openness is where market innovation truly takes place.

PayPal, Facebook, Shell Oil and Nokia: Antibodies, Part 5 of 6

Innovation 360 Group

What you might forget is that for the next two years, 2004 – 2006, it was impossible to join unless you had an Ivy League email address. Yet it managed to hold on tight to its DNA while evolving into something else. Blog anitibodies Innovation Innovation Management

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.

PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

In 2006, the massive Tower fell, going from profitability to bankruptcy in a few years. Those are three frequently cited examples of industries disrupted by new technology, but they are just the tip of the innovation iceberg. Innovation is the creative destruction of innovation where entrepreneurs combine exiting elements ins new ways, as the economist Joseph Schumpeter defined it, has never been more clear than it is right now. Are you safe?

Solving root causes of innovation blockage

Guide 4 Innovating

So what does block innovation? For instance a lack of resources, an overcrowded portfolio of ideas, a lack of dedicated people, treating innovation as a one-off, keeping it isolated and apart from mainstream activities. Here are ten really important barriers, that can hold innovation back. Addressing the issue of unfamiliar responsibilities – new and different ways of working, of understanding, of allowing innovation to take hold and flourish is often demanding.

Research Opportunities for Network Forms of OI

Open Innovation

At #RnDParis2019 Thursday, I gave a “master class” on the network forms of open innovation: alliances, communities, crowds, consortia, ecosystems and platforms. It was a standing room only session: it appears that there are a lot of innovation researchers (particularly those new in their careers) who want to learn more about this area and the research opportunities. I extended the idea with a chapter in our 2014 book, New Frontiers in Open Innovation.

Solving root causes of innovation blockage

Guide 4 Innovating

So what does block innovation? For instance a lack of resources, an overcrowded portfolio of ideas, a lack of dedicated people, treating innovation as a one-off, keeping it isolated and apart from mainstream activities. Here are ten really important barriers, that can hold innovation back. Addressing the issue of unfamiliar responsibilities – new and different ways of working, of understanding, of allowing innovation to take hold and flourish is often demanding.

Why take an industry-agnostic approach to innovation

David Marks

He is in charge of the innovation and development in his company. I was telling him about the innovation assessments I conduct. “ The innovations required by a fashion retailer are not equivalent to those of a pharmaceutical or a telecom company.

Innovation and digital transformation of the healthcare industry

hackerearth

Innovation in Healthcare. People understand that innovation in healthcare needs to become routine. Fundamental redesign through innovation. Innovation. Innovation and digital transformation can improve the quality of healthcare while keeping costs in check.

Innovation and digital transformation of the healthcare industry

hackerearth

Innovation in Healthcare. People understand that innovation in healthcare needs to become routine. Fundamental redesign through innovation. Innovation. Innovation and digital transformation can improve the quality of healthcare while keeping costs in check.

Principles of open innovation

hackerearth

There are all examples of open innovation (OI) at its best. Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. Michael Docherty, 2006).

Why you need extreme constraints to fuel innovation

hackerearth

Amazing, cost-effective and extremely useful innovations come out from this frugal science advocate’s lab. Never having gotten near bankruptcy like other airline majors, Southwest Airlines with its nonconformist culture has remained profitable for close to 50 years using focused innovations.

The Role of Women in Innovation

IdeaScale

But it has me wondering, what do we know about the role of women in innovation management ? To begin with, we know that diversity (diversity of gender, race, age, socioeconomic status, etc) fuels innovation. And this brings me to a second thought about gender and innovation.

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Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Open Social Innovation.”

When innovation led to a reversal of fortunes

hackerearth

The term innovation has been much bandied about this decade. Although a hackneyed word especially in the world of education and business, “innovation” has much in its favor. Read WSJ ’s “Is a Peanut-Butter Pop-Tart an Innovation?” Controlled innovation has clearly worked.

Open Innovation at the User Innovation Conference

Open Innovation

On Tuesday, Frank Piller of RWTH Aachen presented an overview of open innovation. He presented to attendees at the 2014 Open and User Innovation Conference — the 12th annual meeting of the user innovation workshop — which met at Harvard Business School.

Themes for the practice of open innovation

Open Innovation

Like my OI collaborators Henry Chesbrough & Wim Vanhaverbeke, I get a lot of emails (and receive many Google News updates) on businesses and consultants touting some claimed breakthrough on open innovation. I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. New Frontiers in Open Innovation, Oxford: Oxford University Press, pp.

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

The entrepreneur is an innovator and disturbs the economy (De Jong & Marsili, 2010; Schumpeter, 1934). 2006) and are more likely to be created by making new and unique combinations (S. Are managers prepared to allow experimentation? 2006). 2006). 2006).

Why Apple Will Maintain Its Innovation Momentum

Innovation in Practice

Apple’s successful launch of the iPhone 7 and 7 Plus leaves people wondering if the superstar company has lost its innovative edge. I say that not based on what they have or haven’t launched, but rather based on the methods they use to create new innovations.

Reviewing research on 3D Printing

Open Innovation

The talk was part of two 3DP sessions within the 2019 R&D Management Conferece hosted by Thierry Rayna, Frank Piller & I. Existing Publications Using SSCI business/management papers I found 82 papers that mention "3D printing" or "3D printers" in the topic.

Standardization as an open innovation activity

Open Innovation

An important but understudied form of open innovation is the network form (network as defined by Powell 1990). As we noted back in West et al (2006), OI needs more research on this area: at that point, OI had emphasized studying dyadic (bilateral) cooperation between firms, and a decade later that’s still true. The theme for EURAS 2016 is ‘Co-opetition and Open Innovation’, and so I was invited to deliver the keynote address. Platforms, markets and innovation.

Learning User Innovation by teaching it

Open Innovation

This month I spend part of my innovation strategy class at UCI on user innovation. Thoughts in 2014 With more than 15 published papers (articles or chapters) about open innovation, I’m guessing many know me mostly for my OI work. OI innovations) that will be diffused to others.

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360 Group

Aligning strategy, leadership style, culture, capabilities and competences is the key to success in building an innovative and sustainable business in today’s ever changing market context. Figure 1 shows Innovation360´s framework of innovation and how the different concepts are interlinked.

Coaching helps overcome the ten innovation intractables

Paul Hobcraft

A Question: If you could ask those that lead innovation, your senior organizational leadership, a series of questions that might help unlock innovation blockages, now would that be valuable? Getting to a root cause of innovation blockage. So what does block innovation?

Coaching helps overcome the ten innovation intractables

Paul Hobcraft

A Question: If you could ask those that lead innovation, your senior organizational leadership, a series of question that might help unlock innovation blockages, now would that be valuable? Getting to a root cause of innovation blockage. So what does block innovation?

Typology for Innovative Organizations

Open Innovation EU

To my opinion, Mintzberg’s work was a refreshing change to the world of organization design that until then has been largely influenced by Taylor’s Scientific Management Approach and Henry Ford’s efficiency-based adaptation of that. A Typology for Innovative Organizations.

WOIC: Final Thoughts

Open Innovation

Now that I've had a chance to get home (and pack up and leave again), let me offer a few thoughts on the 2nd World Open Innovation Conference -- not as program chair, but as the owner of OIBlog.net who blogs about open innovation related conferences.

Matching Crowdsourcing to Specific Stages of Business Model Innovation

Qmarkets

I like to argue (for example, here ) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question which technical or business problem can be successfully solved by using this approach. Sustaining innovations.

Matching Crowdsourcing to Specific Stages of Business Model Innovation

Qmarkets

I like to argue (for example, here ) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question which technical or business problem can be successfully solved by using this approach. Sustaining innovations.

“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.

“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.

R&D Management: Let's Reward Fraud, Not Punish It

Open Innovation

For the past month or so, I have been getting reminders of a new publication on open innovation in R&D Management. Nonetheless, the importance of outbound open innovation has been increasing along with a growing trend toward open innovation in general (Grönlund et al.,

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360

By studying over 1,000 companies in 62 countries and all continents over the past years, we have not just built the largest 360-database with multiple respondents in each company (external and internal stakeholders as respondents for a full 360°) but we have also been able to refine and develop our methods for analysis and management of innovation. Figure 1 shows Innovation360´s framework of innovation and how the different concepts are interlinked. The Wheel of Innovation.

Ten years building the future together

Exago

In 2006, an IT visionary, an innovation hunter and an algorithm doer met for coffee and an idea came up. Blog Exago engagement initiative-success innovation management innovation-journey innovation-tips