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Open and Closed Innovation: what are the differences?

mjvinnovation

“Open innovation presupposes that companies can and should use external ideas as well as internal paths as they seek to move forward in their innovation process. It is the use of intentional inflows and outflows of knowledge to accelerate internal innovation and expand markets for external use, “the researcher wrote.

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Nine Questions CEO’s Should Ask About Innovation

Gregg Fraley

Nine essential questions CEO’s should be asking about innovation. Are people empowered to innovate? Does your culture support innovation? Are your people trained in innovation process? Do you have the skills, the specific people, you need to innovate? Is your organization doing continuous projects?

Project 74
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Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

We also know today that innovation management itself must become “fluid” in design, in adaptation so the right approach is to be constantly ‘adaptive’ and put together what is needed to tackle the challenge that needs resolution. This needs designing in unique ways, not in rigid processes and structures. We “pull down” what is needed.

Design 138