Remove Company Remove Open Innovation Remove Product Development Remove Product Innovation
article thumbnail

12 Types of Innovation You Should Know in 2021

IdeaScale

Whether you’re new to innovation or have years under your belt, this simple guide that explains the different types might help. Open Innovation. Open innovation is the concept that, in a world of mass-distributed knowledge, firms can and should partner with others to advance their goals. Closed Innovation.

article thumbnail

Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

What is clear anyone that does develop a fully integrated platform designed for innovation will certainly disrupt the current way products are managed. We can actually get into true lifecycle management across not just one business but within collaborations across functions, companies, and entire ecosystems, to contribute.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Technology Scouting Software for Open Innovation

eZassi

Large organizations like these can no longer exclusively rely on the internal R&D team or employee base to produce the product innovation and insights that will keep them in the game. Enterprises are increasingly turning to open innovation for their product development strategy. Supply Chain.

article thumbnail

New Year’s Resolution: Catch Up on These Must-Read Innovation Blogs from 2019

IdeaScale

Check out our top innovation blogs from 2019 for tips on transforming your product, process, market, and more. Brainstorming is where innovation and product development strategy begin, but sometimes you need a little push to get started. Crowdsourcing is a great way to assemble data for product innovation.

article thumbnail

CPG Industry Innovation

eZassi

CPG embraces constant change and ceaseless innovation to keep up with consumer demands while building brands customers rely on in their daily lives. How do the major companies’ research and development teams build and manage a portfolio of innovative products while ensuring long-term market success and consistent brand loyalty?

article thumbnail

Trends in Innovation in the Chemical Industry

Yet2

Geoffrey de Chabot-Tramecourt, Janssen PMP, presenting at NPD and Innovation in the Chemical Industry Conference. He detailed how the company decides where to place their innovation efforts and when closed vs open innovation models work best, using examples of innovation initiatives at Janssen.

article thumbnail

Seven Roads of Innovation-Based Growth

Legacy Innovation Group

ROAD #1 — PRODUCT INNOVATION & BUSINESS MODEL INNOVATION. Your company launches innovative new offerings within its current markets. This is generally a case of either product innovation or business model innovation. A product innovation requires product development work.