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Crowdsourced Innovation: Three Things I Learned

IdeaScale

Every company says they want to be “innovative” and some of them use “crowdsourcing” to do so. In simple terms, it means that a company has their employees and sometimes customers brainstorm new ways to make the company better, whether it is improving small processes or creating a whole new product.

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How to Boost Innovation by Recycling Existing Ideas

IdeaScale

Similar innovation strategies can be noted within all fields of industry; from the technology sector to the entertainment industry. For instance, horror director George Romero is heralded by many as the innovator of the modern horror genre due to his iconic movie franchise Night of the Living Dead (1968-2009).

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33 Routes to Open Innovation

Open Innovation EU

The process of sourcing for external knowledge, patents or technology and to formalize the use of that information in your own innovation process. Outbound Open Innovation is a core principle of the Open Innovation Paradigm and includes for instance also spin-offs and spin-outs. Route 10: Co-design.