The Benefits of Open Innovation

HunchBuzz

Open innovation is the life blood of many corporations. One of the greatest benefits of open innovation is the ability to find and groom innovators who already have products and technologies. Experts find that it is twice as valuable to bring on a ready-made product than to develop one from scratch. This is because even those in a corporation hired to work on technological and product innovations rarely have as much time to do the work they were hired to do.

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. Reinvention through business model innovation.

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. What is innovation management software (IMS)?

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. What is innovation management software (IMS)?

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. Initiates the innovation process.

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. Initiates the innovation process.

How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

The 2018 Gartner CIO Agenda Survey demonstrates that technological innovation and digitalization are changing the way CIOs work. Of the CIOs surveyed in India, 51 percent reported that they were heading innovation, whereas 49 percent reported that they were leading digital transformation.

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. It enhances productivity. 2013).

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Innovation can’t be tackled through broad-brush recipes or tools.

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Moving towards a new innovation service model

Paul Hobcraft

The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. I would suggest on the very way we manage innovation.

L'affaire Lichtenthaler still not over

Open Innovation

The Wiley website says : The above article from Entrepreneurship Theory and Practice, “Technological turbulence and the impact of exploration and exploitation within and across organizations on product development performance,” by Ulrich Lichtenthaler, published online on April 2012 in Wiley Online Library, DOI: 10.1111/j.1540-6520.2012.00520.x, The article was co-authored with Miriam Muethel, who then (and today ) is at the WHU Otto Beisheim School of Management.

Two years later, Lichtenthaler count stands at 16

Open Innovation

Just after posting the 14th and 15th retractions of Ulrich Lichtenthaler — in Entrepreneurship Theory & Practice — I received emails from two faithful readers pointing to his 16th retraction, in the Journal of Engineering and Technology Management (JET-M).

Open Innovation at the User Innovation Conference

Open Innovation

On Tuesday, Frank Piller of RWTH Aachen presented an overview of open innovation. He presented to attendees at the 2014 Open and User Innovation Conference — the 12th annual meeting of the user innovation workshop — which met at Harvard Business School.

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

The entrepreneur is an innovator and disturbs the economy (De Jong & Marsili, 2010; Schumpeter, 1934). Qualitative analysis shows that entrepreneurs actually use both logic at the same time, in contrast to the way larger organizations deal with innovation (in a more structured way).

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. In 2013, the Google Scholar suggestion was for an exceptionally good OI article. R&D Management retractions

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. For the 2014 book, I sought to bring together the prior research on the various network forms and tie them to open innovation.