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Open Innovation Success Stories in the Car Industry

IdeaConnection

Open innovation success stories abound in multiple industries as enterprises the world over seek the wisdom of the crowd to help them develop new products and services, get over innovation roadblocks, see where their industries are heading and to steal a march on their competitors.

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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. Innovation can come from anywhere (that’s how Google innovates ).

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How Crowdsourcing is Enhancing the Healthcare Sector

IdeaScale

In 2013, the Bill and Melinda Gates Foundation took a step that many found surprising: creating a prize and asking the world to reengineer the condom. So how can you harness the power of crowds and open innovation in the world of medical care? The Cleveland Clinic offers a great example. Open Innovation In Healthcare.

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Game Changers: How Citizen Science and Gamification Are Transforming the Business World

Qmarkets

In the current disruptive business landscape, where innovation is more important than ever , organizations need to look to alternative sources to gather ideas and solutions in order to remain successful. As such, businesses are beginning to recognize the potential citizen science has for supporting open innovation initiatives.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Uber is a current prime example: they are attempting to expand into healthcare and travel.

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How we hosted one of the most memorable open source hackathons of 2018

hackerearth

And these potentials are the stepping stone to open innovation. Open innovation is about combining internal and external resources to create efficient and beneficial solutions.” – Dr. Matt Chapman, Mindjet. HackerEarth Djangothon is stepping to a culture of open innovation. Flashback.

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Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

In the next major step of our thinking process we want to work why a well-planned and actively managed hand-over from explorative work to the exploitative, formal organization at a pre-defined point within the innovation funnel is necessary. A key concept in innovation management is – as we all know- the innovation funnel.