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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. Every company says they want to be “innovative” and some of them use “crowdsourcing” to do so.

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Innovation Management in 2023: Venture Building & Scaling

Innov8rs

Susana shares more about Telefónica, a Spanish multinational telecommunications company that employs more than 100,000 people that has been investing in startups since 2006- for a total of 1000+ startups. They typically get access to incredible assets such as customers, platforms, infrastructures, technologies, and networks of experts.

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In defense of industry-agnostic innovation management

David Marks

Back in 2006 the duo reigned supreme in the mobile phone market. Were Nokia and Blackberry lax with their innovation and technology development? (and Marketing departments would identify the consumer excitement around the iPhone and raise the alarm. Take Nokia and Blackberry as an example. Then came the iPhone.

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In defense of industry-agnostic innovation management

David Marks

Back in 2006 the duo reigned supreme in the mobile phone market. Were Nokia and Blackberry lax with their innovation and technology development? (and Marketing departments would identify the consumer excitement around the iPhone and raise the alarm. Take Nokia and Blackberry as an example. Then came the iPhone.

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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. Organizations world over have been employing this innovation model fruitfully for years now.

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How much is innovation costing your organization?

Innovation 360 Group

Below are three key actions most organizations can take right away to improve their innovation ROI. Openness is where market innovation truly takes place. Successful organizations use external resources in an open co-creation process to achieve a larger accessible market through building value nets and growing the total market.

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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. The market is anxious for Apple’s next big instead of incremental improvements to existing products. In other words, using patterns gives a company a tremendous edge in innovation. Sound familiar?