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?

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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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.

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.

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.

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.

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: 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.

Change Management and Open Innovation: Know the Pillars of Digital Transformation

mjvinnovation

In this article, you’ll see how this as well as open innovation are at the base of Digital Transformation. Open Innovation and Change Management: the challenge of change in organizational culture. Open Innovation is inherently a proactive and optimistic strategy.

Are Universities Missing Out on Open Innovation Growth?

Innovation Excellence

A recent study finds that companies are not working effectively with universities. Are they missing out on potential innovations? Continue reading → Culture & Values Entrepreneurship Innovation Open Innovation R&D Research collaboration research spinouts University

Study 41

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.

Open Innovation at the User Innovation Conference

Open Innovation

On Tuesday, Frank Piller of RWTH Aachen presented an overview of open innovation. He presented to attendees at the 2014 Open and User Innovation Conference — the 12th annual meeting of the user innovation workshop — which met at Harvard Business School. A track chair here at OUI, Frank is one of two members of the user innovation “tribe” (the other being Karim Lakhani) who's worked most actively in open innovation.

33 Routes to Open Innovation

Open Innovation EU

It has been a while since Henry Chesbrough coined the term Open Innovation and formulated it’s definition: “combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies.” In the course of time, the terminology surrounding Open Innovation has evolved alongside developments in management literature and practises. Route 4: Collaborative Innovation. Route 24: Open Data.

Innovate or Die: Open Innovation and 4 Key Measures to Stay Alive

Innovation Walk

Companies commonly used to assume the best route to innovation was to control processes by keeping all data and knowledge internally and hiring the best employees. As featured on The Guardian , a study made by the German environment agency was conducted to analyse consumers’ reasons for replacing electronic appliances. As a matter of fact, today it is very difficult for a company to innovate individually. This is how “ Open Innovation ” was born.

Who’s Responsible for Innovation? Everybody!

IdeaScale

Innovation is the key to forward movement. Innovation research shows 61 percent of executives embrace open innovation to generate ideas. Positive change is derived through collaboration and sharing, which results in better ways of implementing products and services.

Report Highlights Increased Open Innovation Activity

IdeaConnection

Open innovation is thriving. That’s one of the conclusions of the 2016 State of Innovation Report: Disruptive, Game-Changing Innovation by the Intellectual Property & Science business of Thomson Reuters. This annual study is now in its seventh year and based its findings on research that looked at global intellectual property data. 2015 was a Big Year for Innovation. Open Innovation open innovation in pharma the state of innovation

Standardization as an open innovation activity

Open Innovation

An important but understudied form of open innovation is the network form (network as defined by Powell 1990). As we noted back in West et al (2006), OI needs more research on this area: at that point, OI had emphasized studying dyadic (bilateral) cooperation between firms, and a decade later that’s still true. The theme for EURAS 2016 is ‘Co-opetition and Open Innovation’, and so I was invited to deliver the keynote address. Platforms, markets and innovation.

Why External Technology Scouting Works: A Review of a Harvard Business Review Published Study

eZassi

Harvard Business Review Technology Scouting Study. Technology Scouting Can Increase the Rate and Potential for Meaningful Innovation. A recent study conducted by the Harvard Business Review makes the case for technology scouting while also admitting that it can turn into a double-edged sword when executed poorly. On any given day, an average employee will spend time answering emails, attending meetings and collaborating with colleagues.

Study 59

3 Open Innovation Reports You Need to Read Right Now

Planview

In the open innovation space, one regularly leads to the other. Read these three in-depth industry reports to find out the new rules of the collaborative economy, why the United States is leading the way in turning customer feedback into innovative products, and what challenges are soon to crop up in crowdsourcing. The New Rules of the Collaborative Economy. READ MORE >> MSU STUDY: U.S. Companies Leverage Open Innovation Better than China.

One Weird Thing About Customer Satisfaction

IdeaScale

Perhaps their most effective strategy was the extensive planning and design surrounding the implementation of the innovation initiative. To read more about how Banchile Inversiones enacted their innovation campaigns, and about the five new projects which were implemented, download our recent case study here. Case Study IdeaScale collaboration crowdsourcing employee engagement idea management Innovation innovation management open innovation

Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

And yet, when it comes to innovation, SMEs often do not have the resources and tools to manage a process that consistently delivers results. They need a common framework and language to describe and quantify innovation efforts, and to collaborate internally and externally. While they don’t have the same resources as large corporations, SMEs can potentially be quite innovative. Innovation area in Growkomp project was very interesting. Blog case study GrowKomp

Some Summer Silver Linings

100%Open

We definitely like to see the silver linings here at 100%Open: in fact, it’s often the times of stress and pressure and dead-ends that produce some of the most creative thinking. Open innovation is only as good as your network.

Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

The Whitepaper called “ Product Complexity, Digital Transformation, and the Innovation Imperative- The race to reinvent how complex products are developed is here “ This made me a little jealous and a little wishing that ‘we’, across the whole of innovation management , could not have one of these platforms available today. I have argued we do need to change the way we undertake innovation and its development. A truly open innovation platform.

The fascinating story of Giffgaff: A co-creation case study

Hacker Earth Developers Blog

Co-creation: A key to innovation. Innovation driven by end users and providers working together…. In value co-creation , firms benefit from increased innovation capacity and speed, reduced risk, a consistent and rich idea pipeline, and faster time-to-market with promising products and services. Unlike crowdsourcing, co-creation uses a small group of known partners and involves deeper collaboration. Innovation ManagementWhat is co-creation?

How Universities Support Recombinative Innovation

Innovation Excellence

Indeed, research suggests that innovations today are much more likely to apply an existing innovation in new ways than to invent something truly unique. The study highlights that 40% of all patents submitted throughout the history of the USPTO are refinements. collaboration Innovation Open Innovation R&D Research academia recombination research Science

Study 64

Five Product Innovations that Evolved Over Time

IdeaScale

The product innovations that generate the most excitement and public interest are the disruptive innovations. However, these innovations aren’t that common. The most successful, innovative companies strike a balance between core, adjacent, and transformational initiatives. A 2012 study found that companies that allocated about 70% of their innovation activity to core initiatives, 20% to adjacent ones, and 10% to transformational ones outperformed their peers.

Open Innovation and the Future of Pet Tech

Yet2

And because we are always thinking about open innovation, we imagined where pet tech could go in the future based on trends in other industries. On the day-to-day side of pet health tech, we have seen innovation around food quality and providing increased functionality to treats. We hope to see more adaptations and collaborations between the pharmaceutical and medical device industries that can be used for pets. Happy National Pet Day!

Startup Engagement in Corporate Innovation

Innovation Excellence

Little have released an interesting report, titled “The Age of Collaboration“ The study does a good job in synthesizing the global state of play of corporate-startup collaboration and latest findings on success requirements for its implementation. Recently, Match-Maker Ventures and Arthur D.

Tips for Small Business Owners Pitching Business to Large Corporations

Yet2

Introduce case studies that are relevant to the industry in which the corporate client operates. Discuss the importance of collaboration and where it enters the business service delivery model.

Tips 84

Nine Short Innovation Lessons from Lego

Destination Innovation

Lego is now revered as one of the most innovative and successful companies in the world. There are many books and studies describing the company’s approach. Lego was an early adopter of a concept which is now all the rage in innovation circles – the minimum viable product. Study the user in action. Lego commissioned detailed ethnographic studies to determine why this was. Collaborate to innovate. Innovative use of Video.

Principles of open innovation

hackerearth

There are all examples of open innovation (OI) at its best. Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. As opposed to traditional closed models where companies use primarily internal resources to drive innovation, in the newer open models, knowledge crosses an organization’s boundary for commercialization in new or existing markets.

The Case for Internal Innovation

CREATORS

Why do you need internal innovation if you can buy or partner with external (startup) technologies? Let’s take this common scenario: innovation manager seeks support from a business unit manager in implementing a pilot relevant for this BU’s work. Why Do We Need Internal Innovation?

The Case for Internal Innovation

CREATORS

Why do you need internal innovation if you can buy or partner with external (startup) technologies? Let’s take this common scenario: innovation manager seeks support from a business unit manager in implementing a pilot relevant for this BU’s work. Internal innovation activities?—?if

People-Sized Solutions for Planet-Sized Problems

100%Open

The majority of innovation efforts aim to be too big from the outset and are therefore destined to fail, because they do not function on a human scale. In addition too many innovations are focussed on solving small and specific problems which don’t really make very much of a difference to anybody. One of the reasons why it resonated for me is because it very much encapsulates nicely what we always try to do through everything we do at 100%Open. “We’re

Study 57

Birthdays, Bicycles and Brevity

100%Open

Open innovation is never easy at the best of times. However it is also terrifying in that it makes it harder to know where to focus your open innovation efforts. Effective social skills are essential for any successful open innovators to successfully tap into the wisdom of crowds. A recent Microsoft consumer study claims that the human attention span today is 8 seconds, down from 12 seconds in 2000.

Startup Engagement in Corporate Innovation

Integrative Innovation

Little have released an interesting report, titled “ The Age of Collaboration “ The study does a good job in synthesizing the global state of play of corporate-startup collaboration and latest findings on success requirements for its implementation. From an innovation perspective, the ultimate objective is to validate promising initiatives and selectively scale them up in order to adapt or even renew the existing core business.

What is Innovation Software?

eZassi

What is Innovation Software? Innovation Software Helps Businesses Cultivate and Implement Innovation — Faster. Innovation software is a fairly recent development that was made possible by the rise in popularity of both cloud computing and social sharing platforms. The main goal of this software is to help enterprise level businesses generate and evaluate ideas so that innovation can be cultivated and implemented. How is Innovation Software Used?

5 reasons to be 100%Open

100%Open

At our last Monday Morning Meeting, as I was enjoying a slice of cake and listening to my colleagues’ lists of achievements over the last week, I realised that I feel that I am now a part of the team, 6 months after I came across the 100%Open website for the first time. When an innovation professional thinks of a country that is well known for its performance on social innovation, she inevitably thinks of the UK. Track record of being open to diversity.

5 reasons why I applied to work at 100%Open

100%Open

At our last Monday Morning Meeting, as I was enjoying a slice of cake and listening to my colleagues’ lists of achievements over the last week, I realised that I feel that I am now a part of the team, 6 months after I came across the 100%Open website for the first time. When an innovation professional thinks of a country that is well known for its performance on social innovation, she inevitably thinks of the UK. Track record of being open to diversity.

Red Cross Case Wins MRS Award

100%Open

I’m delighted to announce that 100%Open won the MRS 2016 Insight Management award with their Swiss partners Catalyx. It’s great for a crowdsourcing case like RED Innovation to be recognised by the market research industry and this points to the growing use of online platforms for generating insights as well as ideas. Catalyx and 100%Open included a huge range of data and the work had great impact.”

Creating A Culture of Innovation Using Innovation Software

eZassi

As companies increasingly recognize the importance of innovation and disruptive solutions to remain competitive, the big question remains: where does innovation come from and how a culture of innovation be cultivated? Contrary to popular belief, existing employees account for the vast majority of innovative ideas and the right software can help unlock innovation while also shifting the entire company culture. Creating a Culture of Innovation.

Change the Bank: banking industry rules are changing

mjvinnovation

Open Banking is a game-changer that alters the entire configuration of the banking sector. After that, we move to the next level: Open Banking. These particles will connect throughout the Open Banking framework. After that, it’s on to Open Banking.

What is innovation, and how can it benefit your company?

mjvinnovation

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. In summary, innovation is always a big challenge – it needs to be understood, first, and foremost. We offer to demystify innovation and show you how your organization can benefit from it, as well as the steps needed to achieve it. Open Innovatio