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

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

How to approach your open innovation strategy

Board of Innovation

Contrary to common belief, open innovation is not only about collaborations between big companies and startups. The post How to approach your open innovation strategy appeared first on Board of Innovation. All Innovation strategy Business design

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?

Living Labs and Open Innovation

HYPE Innovation

"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.” In this post, you will learn what it means and how linging labs is a usefuly concept for open innovatino programs. Ideation & Collaboration

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.

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.

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.

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.

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.

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.

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).

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.

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

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.

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?

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.

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.

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.

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

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

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

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

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.

Open innovation with consumers: more customization for the masses

ideas4allinnovation

Open innovation with consumers allows companies to open up to sharing ideas , testing and refining them together with large groups of people before they are launched to the market. The consumer’s voice in times of collaborative innovation.

Announcing the COVID-19 Research Collaborative

Wellspring

Innovation Open Innovation ResearchWellspring is pleased to announce the public availability of a free community website devoted to pooling worldwide research and technology efforts in the fight against SARS-CoV-2, also known as the novel coronavirus or COVID-19.

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).

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.

An open innovation success story

Be-novative

We have a particular key learning to share along with an open innovation success story. In a nutshell, she studied the world’s most innovative and creative companies and came to a particular discovery. In her TED talk presentation, she discussed the creative activity that stems from the contribution and collaboration of individuals. Perhaps we can even say that human-centricity is needed more than ever in today’s Age of Innovation.

Open Innovation News

IdeaConnection

It has been an exciting few days for open innovation with global companies launching big new open innovation initiatives. The automobile alliance of Renault-Nissan-Mitsubishi has announced the launch of Alliance Ventures, a corporate venture capital fund that will invest up to $1 billion over the next five years to support open innovation in new mobility which will include vehicle electrification and artificial intelligence.

How to Grow Your Open Innovation Network

Wellspring

Wellspring data shows that 70% of open innovation collaborations occur between organizations within 30 miles of one another. Most organizations have a limited network of open innovation partners and potential collaborators, and are missing countless technology opportunities as a result. Furthermore, the other 30% of research collaborations are disproportionately conducted with prestigious institutions that have global recognition.

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! ]].

Increase Organizational Resilience and Innovation Through Collaboration

eZassi

But the second challenge is equally important: innovation. ” In fact, resilient organizations and innovative organizations share essential core competencies. Failure is an essential part of the innovation process, so embrace it – but be smart about it.

Seven impacts Open Innovation can have on your bank!

mjvinnovation

It is no coincidence that the financial market, banks specifically, are among the most innovative. The disruptive initiatives that have emerged with external partnerships have kept this sector at the peak of global Innovation. . Keep reading to understand this movement and see what the main benefits of Open Banking are! Why are banks investing in Open Innovation? Those who best exploit Innovation are those who can compete and keep up.

NASA Announces Winners of Open Innovation Robot Contest

IdeaConnection

When NASA wanted help for the design of its next robot it knew just where to go for innovative insights – the crowd. The space agency launched an open innovation competition to design an arm for a space robot named Astrobee, and the first winners have just been revealed. NASA held the open innovation contest for the robotic arm because it wanted to gather novel engineering ideas from around the world. Open Innovation Astrobee NASA and open innovation

How to build successful community open innovation networks

Innovation Excellence

Everyone seems interested in getting the most impact out of their innovation efforts. Collaborative Innovation Networks (COINs) have mushroomed since the invention of the Internet and cheap mobile communications.

Collaborative Innovation – Hamburger Style

InnovationManagement

Often I read articles or books about top-down vs. bottom-up innovation and why one approach would be better than the other. After spending more than five years in the collaborative innovation space, I would advise going hamburger style!

The Four Main Types of Collaboration

HYPE Innovation

Fortunately, the process of partnering for innovation has not remained immune to technological progress either. The short answer is open innovation – in all its inbound-outbound-coupled glory. “In the same way you can never go backward to a slower computer, you can never go backward to a lessened state of connectedness” Douglas Coupland - Canadian novelist and artist, author of “Generation X”.

Open Innovation: How the United Nations is Changing the World by Collaborating with It

Planview Spigit

To better understand complex and connected challenges in the developing world, the United Nations (UN) , the international organization tasked with bringing nations together, turned to Spigit to power their open innovation challenge , #SDGInsights. SDGInsights is one of many idea challenges open to the public the UN has ran since launching their ideation program, Unite Ideas. Why is the UN leveraging open ideation? Collaborating with the world.

A National Open Innovation Strategy for Austria

Innovation Excellence

Austria kicks off the new years with an Open Innovation Strategy, a first of its kind globally. Continue reading → Feature Of The Week Austria collaboration Gertraud Leimüller global open innovation strategy Strategy winnovation

Open Innovation vs Crowdsourcing vs Co-creation

Wazoku

Various principles and concepts are used for managing research and innovation. You are probably familiar with these buzzwords: crowdsourcing, open innovation and a more recent one, co-creation. Organisations are gradually moving away from traditional work models; they are becoming a lot bolder and more inclusive in their approaches to innovation. As an innovation and idea management company we have witnessed successful use and implementation of these processes.

Crossing Participative Innovation with Open Innovation (1/2)

Innovation Excellence

What is Participative Innovation? And how does it intersect with Open Innovation with the Crowd? Continue reading → Business Models Innovation People & Skills Processes & Tools collaboration Chesbrough Cocreation crowd sourced innovation CrowdInnovation Open Innovation Participative innovation

Open innovation, open science and open to the world

Innovation Excellence

A new paper from the European Union outlines their attitude and approach towards open innovation in Europe. collaboration Innovation Open Innovation Strategy open access Open Data Open Science