Open Innovation EU

OCTOBER 11, 2017

It has been a while since Henry Chesbrough coined the term Open Innovation and formulated it’s definition: “combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies.” Open Innovation as a paradigm on itself is on its quest to touch base.

Open Innovation 85

Open Innovation Crowdsourcing Innovation Collaboration 85

Open Innovation EU

SEPTEMBER 6, 2018

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. Figure 1: Typology for Innovative Organizations. Organization Design in their eyes.

Technical Review 80

Technical Review Innovation Entrepreneurship Design 80

Qmarkets

APRIL 24, 2017

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. But it is efficiency innovations where IC can be at its best.

Crowdsourcing 60

Crowdsourcing Innovation Tools Design 60

Open Innovation EU

MAY 17, 2017

Research has shown that innovation is mostly linked to the Schumpetarian view: innovative companies are more likely to be started by Schumpetarian-type founders (Samuelsson & Davidsson, 2009), are more likely to be started by engineering students (Ilozor et al., Are managers prepared to allow experimentation? Shane, 2003).

Entrepreneurship 62

Entrepreneurship Study Creativity Learning 62

Qmarkets

JULY 8, 2017

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. But it is efficiency innovations where IC can be at its best.

Crowdsourcing 40

Crowdsourcing Innovation Tools Design 40

hackerearth

MAY 12, 2017

As Business Analyst Mark McQueen, said, “Knudstorp quickly identified that the Lego group had over-innovated, spread itself far too thin and had launched so many new initiatives that the company had lost a ‘crisp sense of identity. On top of structuring management and operations, every new idea was to be consistent with the company’s goals.

Innovation 40

Innovation Disruption Marketing Underperforming Technical Team 40

Qmarkets

JULY 8, 2017

In 2006, Google bought YouTube for $1.65 There are many different types of innovation. Some are internal ( involving employees , incremental innovation , etc.), and some are external ( involving customers , open innovation , etc.). In 2014, Facebook purchased WhatsApp in 2014 for $19 billion.

Innovation Processes 40

Innovation Processes Innovation Data Technology 40