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Innovation Ecosystems: The future of Open Innovation

Idea to Value

For the past decade or so, one of the most popular ideas in innovation has been around Open Innovation. This is the practice of innovating and co-creation in collaboration with people outside of your company. Collaborating with a startup on a specific new challenge.

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Understanding Open Innovation

IdeaScale

Historically, research and development departments within organizations were solely responsible for coming up with innovative ideas. Traditionally, corporate innovation has been an inside job, with few exceptions. The ultimate result is open innovation, the concept that good ideas come not just from within organizations, but from outside them as well. Why Open Innovation Is Emerging as a New Paradigm. Best Practice open innovation

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How Effective is Open Innovation?

100%Open

For example, this month’s tool in the spotlight is 100%Open Innovation Metrics. Many organisations now have the opportunity to look back at their open innovation programmes with an appraising eye. How is their OI doing compared to their other innovation programmes?

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Open innovation & crowdsourcing resources

Board of Innovation

Open innovation & crowdsourcing resources. Open Innovation, crowdsourcing, co-creation… overlapping terminologies to describe a trend towards more open business models and a closer collaboration with customers. Open innovation software.

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A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

This action-packed session examined the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? Which partners and how many? Which methods? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly. This was a great session you don’t want to miss.

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The Secrets to Making Open Innovation Projects Work

InnovationManagement

Open innovation often requires global teams with national culture differences to work together, which presents some challenges. The post The Secrets to Making Open Innovation Projects Work appeared first on InnovationManagement.

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From Consumer to Collaborator: A Look at Open Innovation

IdeaScale

This is more than just a way to better understand who shops with you, though; with the right platform, it can be a source of powerful innovation. What Is Open Innovation? Traditionally, innovation in companies has been “closed.” Open innovation reverses this by laying out the project, the process, and the goal to other companies, or the wider public, and welcoming ongoing commentary and discussion. When Should I Use Open Innovation?

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Open Innovation vs Closed Innovation: Here’s the Lowdown

Qmarkets

“For good ideas and true innovation, you need human interaction, conflict, argument, debate.” Margaret Heffernan – Entrepreneur, CEO and writer Few would disagree with the notion that innovation is driven by the sharing of good ideas. What is Open Innovation?

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How to Use Open Innovation for Startup Scouting

ITONICS

By creating effective channels for startups to contribute towards your next-generation products, services, and business model, organizations can tap into new innovation and collaboration opportunities. Open Innovation Environmental Scanning $Startup Scouting

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Could Artificial Intelligence Contribute to Open Innovation?

Yet2

As innovation experts we strive to innovate our own processes, recently we shared our advances in ‘big data’ analyses in our blog and here we begin to delve into the possibility of using AI as an open innovation tool. Prompt: How might ChatGPT hinder innovation?

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Optimising Your Return on Open Innovation

100%Open

The key word here is OPEN. We’re bringing our partners in innovation, organisations who have run their own crowdsourcing projects, innovator powerhouses, and remote work legends into the spotlight. 3 – Open Innovation gets you ahead of the competition.

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The Leadership of Open Innovation

Speaker: Paul Sloane, Director, Destination Innovation

Paul Sloane is a well-known author and speaker on open innovation. In this session, Paul takes us through examples of successful open innovation programs to explore the breadth of what open innovation can be for organizations and the value it can bring. This was a great session you don’t want to miss.

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The Five Building Blocks of Collaborative Innovation

IdeaScale

Are you looking for ways to inspire collaborative innovation in your organization? Collaborative innovation involves bringing together ideas that can result in something groundbreaking. It brings partners together to make innovation possible.

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An Openly Innovative Attitude.

100%Open

As a “newbie” to the innovation sector, I have to admit I had some help from the jargon buster. I’ve also come to understand that open innovation is no longer a novelty concept, rather a part of the culture at the heart of many companies, including Carlsberg , Argos , and Oxfam. This openness is helping them challenge conservative approaches thus, stand out from their competitors. Opening innovation up.

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TASC: A Practitioner’s Tool for Better Results in Open Innovation

InnovationManagement

Despite its popularity as a way to promote innovations, organizations face challenges in their open innovation (OI) initiatives. As knowledge flows are vital for the success of OI initiatives, organizations should identify right partners in their open innovation implementations.

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Broadening the church of Open Innovation

The Future Shapers

Open Innovation is about increasing the innovation potential of firms by opening them up to new ways of working with external organisations. Whether this takes the form of new co-working agreements, acquisition of start-ups with interesting technologies, or spinning out new developments into external companies the ultimate goal is the same: to increase innovation and increase value as a result. Figure 1: Business Models, from closed to open (Source: 100%Open).

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Living Labs and Open Innovation

Hype

"Living labs" is a label applied to an array of very different innovation infrastructures that did not make it in the Jargon Madness finals of Forbes but is nonetheless “trendy, but confusing.” Ideation & Collaboration

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How Open Innovation Opens the Door to Successful Recruitment?

100%Open

If the most important facet of recruitment is the candidate, how can Open Innovation help improve the process? The post How Open Innovation Opens the Door to Successful Recruitment? first appeared on 100%Open.

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Managing Open Innovation: one challenge/ coping strategy at a time

HYPE Innovation

A few months ago, The Economist published an excellent piece on how the fashion for making employees collaborate had gone too far. We wrote about the trend too here on the blog, explaining how excessive collaboration harms organizational performance and stifles innovation (hint: overworking employees for only marginal gains). Open Innovation

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The Necessity of Open Innovation and Collaboration in Healthcare

Wellspring

Healthcare, like many other fields, is an increasingly collaborative industry, with most organizations looking outside their internal silos for new ideas, innovations, and expertise. As we’ve highlighted in other works , co-patenting—when two or more parties collaborate to obtain a patent—has risen exponentially since 1990. With this complexity in mind, open innovation is no longer an optional exercise, but a requirement for doing business.

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Open innovation resurgence during COVID. Why?

Jeffrey Phillips

There's been a resurgence lately in the concept of open innovation. I'm not quite sure why open innovation as a concept has received more press and more attention lately. It's not as though we have new open innovation methods or mechanisms, or that open innovation has demonstrated more effective outcomes. Rather, I think, open innovation becomes interesting when we are distributed and looking for new ways of working.

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On-Demand Webinar: The Intersection of Sustainability & Open Innovation

Yet2

How is open innovation shepherding sustainability in some of the leading organizations worldwide? That was the primary question put to the panelists in the webinar, The Intersection of Sustainability & Open Innovation , which is now available on demand.

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4 examples of open innovation in society

ideas4allinnovation

Open innovation is one of the most agile and effective avenues for transformation, as we have already seen in several examples with large enterprises. Let us use this post to review four public examples of open innovation in society, open to participation from all types of collectives and large groups of people. Conquistando la Igualda d is a collaborative project that seeks the implication of the whole of society as a means to achieve equality.

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World Open Innovation Conference 2015: Final Program

Open Innovation

Thu 10:30 AM (Salon D): Modes of Open Innovation; Moderator: Marcel Bogers Mehdi Bagherzadeh and Sabine Brunswicker Mix and Match: Preferred ‘Mix of Open Innovation Modes’ for Solving Innovation Problems Roberto Camerani, Stefano Denicolai, Monica Masucci and Giovanni Valentini The Interplay of Inbound and Outbound Open Innovation and its Impact on Firm Performance Saumya Amarasinghe, Kenneth Husted and Frank Siedlok How Revealing is Revealing?

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Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Since I'm trying to write a short encyclopedia article on open innovation — and want to make it different from my 2011 article — it seemed a good time to review what’s been written recently.

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The End of Open Innovation?

100%Open

It’s clear that company innovation techniques are changing fast but how do we open innovation specialists react? If open is the’ new normal’ is our mission complete? It has been fascinating to watch how corporate culture and practices have opened up since we started on this open innovation journey 8 years ago. Does this mean we at 100%Open are out of a job if everyone is practicing open innovation already?

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Driving Open Innovation Through a Culture of Collaboration

eZassi

Open Innovation is the grounded in the belief that great ideas can come from any source and an organization’s internal expertise will transform those ideas into market value. The challenge comes when an organization chooses to shift from a closed innovation system to an open one. Although each company is different, most have a traditional corporate culture that includes the belief that all innovation is internally driven. From Traditional to Collaboration.

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Accompanying European SMEs on their Open Innovation Journeys

Innovation Excellence

Within INSPIRE (standing for Integrated Support of oPen Innovation pRofessionalization initiative), a Coordination and Support Action funded by the European Commission under H2020, we have investigated in depth Open Innovation (0I) practices in SMEs across Europe with a view to distilling lessons about how to improve the supply chain and deploy a dedicated support package.

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Design the Right Open Innovation Project

Innovation Excellence

Open Innovation is now widely recognized as a way to enhance options for innovation by accessing external assets. Continue reading → Business Models Innovation Management Open Innovation R&D collaboration Innovation Management ProcessHowever it can mean many things to many people; from running a crowdsourced idea scheme like Lego Ideas or MyStarbucksIdea, through to large co-branded initiatives like Senseo.

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The Unexpected ROI of Open Innovation Portals

Yet2

yet2 recently sat down with senior Open Innovation leaders at Unilever, Mondel?z, z, PepsiCo, and Colgate-Palmolive to discuss how these organizations leverage Open Innovation Portals as part of an overall innovation strategy.

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Open Innovation is the New Normal

Innovation Excellence

"Over the years, Open Innovation has become the new normal" states Hannes, Director Open Innovation Networks at Swarovski. Continue reading → Design Innovation collaboration collaborative innovation Design Thinking Hannes Erler Open Innovation Swarovski

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Open Innovation vs Closed Innovation: Here’s the Lowdown

Qmarkets

“For good ideas and true innovation, you need human interaction, conflict, argument, debate.” Margaret Heffernan Few would disagree with the idea that innovation is driven by the sharing of good ideas. Or is a more collaborative approach more effective? What is Open Innovation?

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Collaborating Effectively with Startups: Anticipation, Key to Success

Hype

What are the key factors promoting harmonious and fruitful collaborative innovation between large groups and technology startups? How can we increase the chances of success of collaborative projects between these asymmetric partners from the outset? Open Innovation Partnerships

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Collaborating Effectively with Startups: Anticipation, Key to Success

Hype

What are the key factors promoting harmonious and fruitful collaborative innovation between large groups and technology startups? How can we increase the chances of success of collaborative projects between these asymmetric partners from the outset? Open Innovation Partnerships

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The Open Innovation Methods Matrix – Part 1

100%Open

When it comes to open innovation, knowing where to start or what to do next can often be the hardest decision. To counter this, we have produced a simple tool (below), which is based on our range of practical experience, to show the most common and relevant methods to successfully innovate openly. Additionally, the value of opening up is very different depending on which stage of the innovation process you are at (the Y-axis).

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Four Open Innovation Techniques

Wellspring

There are four main tactics that organizations commonly use for inbound open innovation; tech scouting, vertical collaboration, horizontal collaboration, and technology sourcing. These four tactics are all positively correlated with innovation performance and are all useful to firms who are seeking both radical and incremental innovation results. Open Innovation

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Four Open Innovation Techniques

Wellspring

There are four main tactics that organizations commonly use for inbound open innovation; tech scouting, vertical collaboration, horizontal collaboration, and technology sourcing. These four tactics are all positively correlated with innovation performance and are all useful to firms who are seeking both radical and incremental innovation results. Open Innovation

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Imaginatik and the Oil and Gas Technology Centre to Co-Present During Poster Session at the World Open Innovation Conference

Imaginatik

Imaginatik will be attending the 5th Annual World Open Innovation Conference (WOIC) in San Francisco, CA on December 13th and 14th. We’ve partnered with our valued customer, The Oil and Gas Technology Centre (OGTC) to develop and submit an open innovation paper describing our work together and the resulting economic impact. When we learned of the topic, we felt compelled to submit our collaborative effort with OGTC. Featured Innovation Blog

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Themes for the practice of open innovation

Open Innovation

Like my OI collaborators Henry Chesbrough & Wim Vanhaverbeke, I get a lot of emails (and receive many Google News updates) on businesses and consultants touting some claimed breakthrough on open innovation. I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. Open Innovation: Researching a New Paradigm.

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4 examples of open innovation in society

ideas4allinnovation

Open innovation is one of the most agile and effective avenues for transformation, as we have already seen in several examples with large enterprises. Let us use this post to review four public examples of open innovation in society, open to participation from all types of collectives and large groups of people. Conquistando la Igualda d is a collaborative project that seeks the implication of the whole of society as a means to achieve equality.

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The New Era Of Mass Collaboration

Digital Tonto

Related posts: 2017: Collaboration Is No Longer A Choice, But An Imperative. All Posts Management Technology Collaboration Open Innovation Open PlatformsIn a networked world, the best way to become a dominant player is to be an indispensable partner. The New Era Of. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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4 applications for open innovation

ideas4allinnovation

Open innovation allows organizations to add internal and external resources to their capacity for innovation. Co-creative design of products and services with external collaborators. More and more organizations are open to innovating with internal and external talent.

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Open innovation in Anaheim

Open Innovation

Since the very first open innovation session at the 2004 AOM, I’ve tried to attend the OI sessions — but nowadays it’s a lot more complex than it used to be. AOM 2016 conferences open innovationFriday marks the beginning of #AOM2016, the last appearance of the Academy of Management conference for a decade or more.