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Effective communication is the essence of open innovation

Wellspring

Dow AgroSciences is very open about the complexity of their R&D pipeline. They told Grainews in 2016 that, on average, 10 years elapse between idea generation and market launch.

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33 Routes to Open Innovation

Open Innovation EU

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.” ” ( Chesbrough, 2003 ). Route 3: Spin-off.

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How to Run the Ultimate Corporate Hackathon

Qmarkets

This Microsoft-spawned company started as a thought at the 2010 TechCrunch Disrupt hackathon. Here are a few steps to take to set yourself up for hackathon success: Use the right platform : Generating ideas is one thing; capturing those ideas, managing group dynamics, and organizing these events is a different story.

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How to Run the Ultimate Corporate Hackathon

Qmarkets

This Microsoft-spawned company started as a thought at the 2010 TechCrunch Disrupt hackathon. Here are a few steps to take to set yourself up for hackathon success: Use the right platform : Generating ideas is one thing; capturing those ideas, managing group dynamics, and organizing these events is a different story.