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Open Innovation: definition, what types and benefits

mjvinnovation

We could summarize open innovation as the use of inflows and outflows of knowledge to accelerate internal innovation and expand markets. Keep reading to understand in depth what open innovation is and how it can be used in your business! The open innovation concept. The 3 types of open innovation.

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Disruptive Energy.

100%Open

While working as a journalist on World Coal magazine in the 1990s I was interviewing the president of a very large Canadian coal company who told me that in 10 years they would not be mining coal. By any measure, that was a disruptive statement. Shocked by such a statement from a company head, I checked it was OK to print the quote.

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CO-CREATING FUTURE-FIT ORGANISATIONS

ImagineNation

In last month’s blog at ImagineNation we opened the door to a threshold for a new kind of co-creative, collaborative and cohesive team spirit to catalyse change through “innovation evangelism”.

Agile 52
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Organize innovation to fit your strategy & culture.

Leapfrogging

They partner with Silicon Valley startups who have breakthrough technology when they really just want incremental innovation that delivers quarterly results. They invest in disruptive technologies but ask existing business units to cannibalize their current products and services using them. Open Innovation Networks.

Culture 130