One big open innovation square dance…

Innovation 360

Innovation is a way of getting competitive advantage which is well known and documented since ancient times, ranging from machinery, war equipment to the beauty industry and all trial building the perpetuum mobile. What´s happened lately is the paradigm shift of opening up the innovation process from being secret and closed towards inviting for collective wisdom and creativity. We call it open innovation or sometimes Innovation 2.0.

Innovation trends

Innovation 360 Group

Over the last year the key topics within the world of innovations has been impacted by social responsibility and sustainability aspects, which can be seen by analyzing the last 12 months of Google searching using Google Insights for Search. business innovation. open innovation. innovation management. technology innovation. social innovation. US, Canada and KU is dominating all searches except from Open Innovation where Germany is leading.

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Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Since I'm trying to write a short encyclopedia article on open innovation — and want to make it different from my 2011 article — it seemed a good time to review what’s been written recently.

Standardization as an open innovation activity

Open Innovation

An important but understudied form of open innovation is the network form (network as defined by Powell 1990). The theme for EURAS 2016 is ‘Co-opetition and Open Innovation’, and so I was invited to deliver the keynote address. The slides for my talk (entitled “How standards research can inform open innovation”) are online at SlideShare. Failed OI Network Strategies Often the research in managing innovation networks (platforms etc.)

Everything you need to know about innovation management software

hackerearth

Although enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management software (IMS)? 2011)) . Poor innovation implementation.

Innovation management software: Everything you need to know

hackerearth

Although the enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management software (IMS)? 2011)) . Poor innovation implementation.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

WOIC 2015, Day 1

Open Innovation

Chesbrough’s opening talk was followed by industry speakers (on the Internet of Things) from GE, IBM and Deloitte. I was sorry not to be able to attend the first problem session, which talked about how Pfizer is managing its use innovation intermediaries. In the following session, I presented my own paper (moderated by Faems) which looked at pharma, open source biology and open source software. student and a Bayer manager.

Warm and Fuzzy at the Front End of Innovation

Paul Hobcraft

Perhaps I have fallen into the very trap I have campaigned about in the past, in recognizing and resolving the disappointing results we achieve from all the work we put into the front end of innovation. The “warm and fuzzy” front end of innovation can make us all a little grumpy. I recently wrote out a newsletter – termed a thought or two – to my innovation network. The subject was the changes occurring at the front end of innovation.

WOIC: Final Thoughts

Open Innovation

Now that I've had a chance to get home (and pack up and leave again), let me offer a few thoughts on the 2nd World Open Innovation Conference -- not as program chair, but as the owner of OIBlog.net who blogs about open innovation related conferences. Industry Sessions The opening industry session was the best of all that I heard at WOIC. Yes, they focused on healthcare, which has been my main teaching and service focus since changing employers in 2011.

When innovation led to a reversal of fortunes

hackerearth

The term innovation has been much bandied about this decade. Although a hackneyed word especially in the world of education and business, “innovation” has much in its favor. Read WSJ ’s “Is a Peanut-Butter Pop-Tart an Innovation?” There are plenty of expert definitions of innovation out there. Companies are leaving no stone unturned in their attempts to drive innovation, be it radical, incremental, or breakthrough. Controlled innovation has clearly worked.

Typology for Innovative Organizations

Open Innovation EU

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. In fact, building blocks as ‘middle management’ might only still exist on paper today. But times are changing and organizations are emerging, scaling and managed completely differently. 2011). 2011).

R&D Management: Let's Reward Fraud, Not Punish It

Open Innovation

For the past month or so, I have been getting reminders of a new publication on open innovation in R&D Management. This month, it was perhaps the last hurrah of the discredited , fired ex-academic whose who will be remembered in innovation studies as the greatest fraud of the early 21st century. Nonetheless, the importance of outbound open innovation has been increasing along with a growing trend toward open innovation in general (Grönlund et al.,

Learning User Innovation by teaching it

Open Innovation

This month I spend part of my innovation strategy class at UCI on user innovation. Thoughts in 2014 With more than 15 published papers (articles or chapters) about open innovation, I’m guessing many know me mostly for my OI work. Of these articles, two articles in 2009 and 2012 compare open and user innovation, the latter with Marcel Bogers (who did his diss at EPFL on UI). I wrote it with Frank Piller, one of Europe’s best known open innovation scholars.

Top 10 must-read books on Innovation

hackerearth

Being innovative or creative looks like an inherent trait to most of us, doesn’t it? For those who steered away from the path of innovation and tried to fit into the neatly defined boxes of the world, it’s time to get a real sense of what your talents are and dig deep. To help innovation officers and wannabe innovators in their task, we’ve put together the best books to inspire you and help your company and workforce stay relevant. The Innovator's Dilemma by Clayton M.

How to Overcome Employee Engagement Barriers With a Continuous Improvement Program

Qmarkets

As one of Qmarkets’ strategic partners, Above + Beyond (A+B) provides specialized management consulting services to companies across North America, including the leading payment solutions provider TSYS. In this Expert Spotlight piece, Sebastian Apelt – Managing Partner at A+B – shares how this innovative project has led to some remarkable results for all parties.

How to Turn your Employee Engagement Problem into a Continuous Improvement Solution

Qmarkets

As one of Qmarkets’ strategic partners, Above + Beyond (A+B) provides specialized management consulting services to companies across North America, including the leading payment solutions provider TSYS. In this Expert Spotlight piece, Sebastian Apelt – Managing Partner at A+B – shares how this innovative project has led to some remarkable results for all parties.

Innovation Ecosystem: Bridging the Gap Between Digital and Offline Innovation

Qmarkets

Innovation used to be something that would happen in a physical setting, be it in a workshop, a laboratory, research center, etc. Now, with the advent of innovation software, the process of ideation and collaboration mostly happens online. However, there are innate benefits to innovating “in the real world”, benefits which a digital interaction will never be able to fully replicate. Benefits of Online Innovation. Benefits of Offline Innovation. Innovation Hubs.

Innovation Ecosystem: Bridging the Gap Between Digital and Offline Innovation

Qmarkets

Innovation used to be something that would happen in a physical setting, be it in a workshop, a laboratory, research center, etc. Now, with the advent of innovation software, the process of ideation and collaboration mostly happens online. However, there are innate benefits to innovating “in the real world”, benefits which a digital interaction will never be able to fully replicate. Benefits of Online Innovation. Benefits of Offline Innovation. Innovation Hubs.

When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

trillion (2016) according to a white paper by Oliver Wyman , a leading global management consulting firm. These banks recorded 58% growth between 2011 and 2016, a staggering number – that is until you review the performance of the industry’s newer entrants. They state that they want proactive, actionable financial advice to be able to manage their financial needs better, and easy-to-use digital solutions that deliver convenience.