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12 Types of Innovation You Should Know in 2021

IdeaScale

It seems like new innovation types arrive at the scene all of the time, leaving people reaching for Google to get up to speed. Whether you’re new to innovation or have years under your belt, this simple guide that explains the different types might help. Open Innovation. Closed Innovation. Social Innovation.

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Open innovation for social change — OECD's global challenge

Be-novative

Open innovation is combining internal and external ideas to advance technology, product development, and so much more—including social good. Why crowdsource for social change? In today's digital age, the Internet connects the world like never before.

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Serious About Your Social Mission? Innovate It.

Leapfrogging

The obvious place to turn is innovation approaches such as design thinking , rapid prototyping , and open innovation. They have helped businesses break through inertia and build game-changing products, but are still surprisingly uncommon when it comes to social good. And a new mindset is needed, Chang contends.

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Intrapreneurs

eZassi

Invest in Intrapreneurs – Innovation Management Supports Your Organization’s Greatest Change Makers Intrapreneurs are those important team members with the optimism, intellect, initiative, and discipline to champion bright ideas and drive new project pipelines, establishing innovative change across the business.

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Redefining Conflict Resolution: The Design Thinking Way

Tullio Siragusa

The evolving nature of business, influenced by technological advances and ever-changing consumer demands, necessitates a flexible, innovative approach like Design Thinking. The ‘Ideate’ phase not only brings forth potential solutions but also encourages a culture of open innovation.

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Adaptive Strategy Matrix [Infographic]: exploration vs. exploitation?

Open Innovation EU

External pressure: a balancing loop that suggests that both the exploitative loop and explorative loop will be disturbed by the market circumstances (a realism check), which will thus increase the likelihood of external forces saying that the strategy should change. External pressure will force them to change their strategy to exploitation.

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5 Things You Need to Know About Collaborative Innovation Software

PlanBox Innovation

Believe it or not, some companies out there are making collaboration into a social innovation game! They set up a program called “The Innovation Game” which essentially “gamified” problem-solving using a points-based system linked to recognition, monetary rewards, and a portion of annual bonuses. Open innovation !