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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. It also entails the spin-off and outsourcing of unused intellectual property.

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Innovation, ecosystems, platforms and the promise of more to come

Paul Hobcraft

People are too busy, too harried, have too little patience and cannot keep up with technology advances. If you are interested in: Disruptive innovation. Open Innovation. From that assessment we’ll look at what customers really want: solutions and experiences, not discrete products. Ecosystems. Seamless experiences.

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Peet van Biljon

Innovation 360 Group

Peet managed McKinsey & Company’s global innovation practice from 2010 to 2015 where he served clients on innovation across a breadth of industries. Peet’s articles on innovation have been published in MIT Sloan Management Review, Research-Technology Management and on mckinsey.com. Areas of expertise.

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Peet van Biljon

Innovation 360 Group

Peet managed McKinsey & Company’s global innovation practice from 2010 to 2015 where he served clients on innovation across a breadth of industries. Peet’s articles on innovation have been published in MIT Sloan Management Review, Research-Technology Management and on mckinsey.com. Areas of expertise.

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Peet van Biljon

Innovation 360 Group

Peet managed McKinsey & Company’s global innovation practice from 2010 to 2015 where he served clients on innovation across a breadth of industries. Peet’s articles on innovation have been published in MIT Sloan Management Review, Research-Technology Management and on mckinsey.com. Areas of expertise.

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Innovation, ecosystems, platforms and the promise of more to come

Paul Hobcraft

People are too busy, too harried, have too little patience and cannot keep up with technology advances. If you are interested in: Disruptive innovation. Open Innovation. From that assessment we’ll look at what customers really want: solutions and experiences, not discrete products. Ecosystems. Seamless experiences.

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Choosing the right strategy handling uncertainty

Innovation 360 Group

It’s incremental and involves so-called spiral staircase leadership (Table A). In H2, the strategy is not to understand and respond to the market, but instead to understand needs and use technology in new ways. H3 is the explorative style: needs are investigated on a deeper level and new technology is used to disrupt.