Crowdsourcing vs. Open Innovation: What’s the Difference?

IdeaScale

Open innovation vs. crowdsourcing can be a tough call. What’s the difference between crowdsourcing and open innovation? Crowdsourcing Vs. Open Innovation. With open innovation, you might reach out to your entire company, and sometimes friendly rivals in the same industry, to share ideas and get perspective on something. The post Crowdsourcing vs. Open Innovation: What’s the Difference?

Seven Critical Crowdsourcing and Open Innovation Mistakes to Avoid

IdeaScale

Don’t get frustrated with your crowdsourcing campaign. Crowdsourcing and open innovation are great ideas. Too many ideas fall into a crowdsourcing gap, so here are the problems to avoid. By far the biggest problem is people have an idea and decide, vaguely, to throw crowdsourcing at the problem. You need a clear, detailed strategy before you start any crowdsourcing campaign. Choosing Crowdsourcing Instead Of Open Innovation.

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Ten Top Tips for Success with Open Innovation

Destination Innovation

Increasingly this internal focus is being replaced by a more powerful and effective approach – open innovation (OI). Crowdsourcing is a version of OI in which you typically throw out a challenge to a crowd of experts who separately compete with ideas to solve your problem. Assess in what areas you need more innovation. CEO Laffley at Proctor and Gamble set a target of reaching 50% of new product innovations from outside the company – the goal was met.

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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. However 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. Continue reading → Business Models Innovation Management Open Innovation R&D collaboration Innovation Management Process

How Design Thinking Complements Crowdsourced Innovation

IdeaScale

In my double role as an innovation architect at IdeaScale and a consultant for innovation management, I rely on a variety of methods to set my clients up for success. Combining methods is one of the ways I make sure they make the most out of their innovation efforts. In this post, I’d like to talk about how design thinking complements crowdsourced innovation. I don’t think I need to point out the obvious parallels to crowdsourcing here, do I?

The Three Challenges of Crowdsourced Innovation

InnovationManagement

IdeaScale has recently acquired Betterific, a crowdsourcing platform that engages a community of 18,000+ creative problem solvers, design thinkers, and ideators to help you come up with your next big idea. Learn more about how you can tap into this innovative community. The post The Three Challenges of Crowdsourced Innovation appeared first on InnovationManagement. Collaborative Innovation Open Innovation Crowdsourcing Ideation

Open Innovation: A Tried and True Approach

Rocketspace

In the summer of 2014 , much of the tech press was amused, and even a little aghast —McDonald's had opened a digital incubator in San Francisco. McDonald's making this kind of modern move was hardly surprising, though, as they'd seen huge success in 2011 with a German campaign called "Mein Burger," a six month competition allowing customers to invent and crowdsource new burgers online. How have we reached the point where even hamburger restaurants are embracing Open Innovation?

Eleven Ways to use Crowdsourcing

Destination Innovation

How are firms using crowdsourcing? Ideascale have published a white paper on crowdsourcing which you can download. This is when you use crowdsourcing to find the solution to a difficult or complex problem. This is the classic way to use crowdsourcing to improve a product or service. Design Competitions. Similar to data collection, this involves crowdsourcing onerous tasks that would take your employees too many hours to count.

Companies betting big on open innovation

hackerearth

Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. Open innovation (OI) uses a mix of approaches, thereby affording higher responsiveness and flexibility while trying to grow beyond its core business. The free flow, in and out, of ideas and IP promotes innovative ecosystems. Why does open innovation work?

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?

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. Definitely do check out the talk if you haven’t yet: [link] As technology continues to rapidly advance, it is commonly discussed how crucial it is for human-centric design to be embedded in almost all aspects of our business and organizational handlings.

Open Innovation Just Got Easier

100%Open

This week we’re launching our new free open innovation toolkit. We have designed our toolkit to be used by those new to open innovation and old hands alike. It consists of 30 tools covering the whole open innovation journey from setting a strategy for collaboration to implementing mutually beneficial business models.

Open Innovation for Cyber Threat Defenses

IdeaConnection

Cue open innovation. Interviewed by the CyberEye blog Mark Jaster the founder of the cybersecurity company said: “We are designing an online game experience that I call ‘fantasy football for cyber. One is prestige and status among the community of solvers and the other is the possibility of financial gain as the company is planning to commercialize crowdsourcing of cyber analysis. Open Innovation cybersecurity and open innovation gamification

Global Crowdsourcing Week 2016

100%Open

This week we were delighted to welcome Global Crowdsourcing Week to London for the first time. There were lots of interesting talks from the likes of Robin Chase talking about Peer Inc and Peter Bryant talking about Crowdsourcing a new Constitution for the UK, as well as talks and contributions many of 100%Open partners including Crowdicity , Chaordix , UsCreates , Better Ventures , OI Engine , and Catalyx.

Essential Steps Toward Open Innovation Success

eZassi

The goal of open innovation is to allow organizations to collaborate with external resources to advance their technologies. Crowdsourcing. Innovation Integration. An automated assessment and analytics tool supports innovation integration, making the process seamless to your existing system. Every open innovation system must manage the product lifecycle from intake of concept through product on the shelf. Cyberscouting Open Innovation

Identifying the Value of Crowdsourcing: A Talk with Dr. Zoe Szajnfarber

IdeaScale

Traditional approaches to creating innovation strategies are no longer providing effective solutions. Instead, companies are adopting a way of solving problems known as open innovation. One method for practicing open innovation is through crowdsourcing, the process of sharing ideas across industries to solve a common problem. Defining Open Innovation. Dr. Szajnfarber characterizes innovation as coming in different forms.

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 10: Co-design.

How to Use Crowdsourcing and Open Innovation to Reach Your Goals

eZassi

When looking to complete a project, design a website or enhance productivity, many businesses decide to recruit and hire a new team member. To find the right people for the job, many business leaders are turning to crowdsourcing. Crowdsourcing usually helps companies and entrepreneurs reach their desired outcomes faster than they once thought possible. Crowdsourcing Explained. When used properly, crowdsourcing can help business owners enhance their profitability.

5 top tips for choosing an online crowdsourcing platform

100%Open

Doncaster Talks crowdsourcing community (Dub platform example). Crowne Plaza Innovate Community (Crowdicity platform example). Think about your organisation’s capacity to create meaningful challenges, design a great online community space, and to spend time moderating / facilitating the community as it runs – if these seem like a pinch point you may need a fully serviced platform.

Open Innovation Success Stories in the Car Industry

IdeaConnection

Open innovation success stories abound in multiple industries as enterprises the world over seek the wisdom of the crowd to help them develop new products and services, get over innovation roadblocks, see where their industries are heading and to steal a march on their competitors. In this post, we highlight a few success stories where open innovation has helped to give the automotive industry a boost. Open Innovation open innovation success stories

Transforming Indian Railway Stations via Open Innovation

IdeaConnection

Indian Railways is embarking on an ambitious project and has turned to open innovation for help in achieving its goals. The creators of the winning designs will have the opportunity to work with the IRSDC on putting their plans into action. At the same time the IRSDC has launched separate open innovation competitions for a new logo and tagline. Open Innovation IRSDC railway stations in India

Open Innovation to Solve Health and Medical Problems

IdeaConnection

Members of the crowd play their part too via open innovation contests and hackathons. It was the winner of the Rite Aid Innovation Challenge. Foldit: an online crowdsource video game that encourages players to manipulate digital versions of proteins to create their optimum folded state. With this knowledge, therapeutics can be designed to combat them. Open Innovation Foldit open innovation and medical breakthroughs

Be the Architect: Designing an Integrated Innovation System

IdeaScale

In a turbulent marketplace, when complexity can add even more confusion, it is important to have a simple and straightforward innovation system. Shared and easy-to-use innovation practices and tools can enable everyone in a company to work together to develop ideas that deliver compelling customer value. The Value of an Integrated Innovation System . Innovation Processes . Value propositions, then become the new currency of innovation, rather than only raw ideas.

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Be the Architect: Designing an Integrated Innovation System

IdeaScale

In a turbulent marketplace, when complexity can add even more confusion, it is important to have a simple and straightforward innovation system. Shared and easy-to-use innovation practices and tools can enable everyone in a company to work together to develop ideas that deliver compelling customer value. The Value of an Integrated Innovation System . Innovation Processes . Value propositions, then become the new currency of innovation, rather than only raw ideas.

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Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

Qmarkets

Corporate Innovation: A Victim of Remote Work? Corporate innovation will not be spared the troubles of adjusting to the “new normal.” ” As a former Googler, Mayer knew that innovation requires collaboration, and both thrive on serendipity. crowdsourcing ?as

Free-Flying Space Station Robot Gets Open Innovation Help

IdeaConnection

Crowdsourcing the design of the robotic arm of a free-flying robot for the International Space Station

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). The theme for EURAS 2016 is ‘Co-opetition and Open Innovation’, and so I was invited to deliver the keynote address. The slides for my talk (entitled “How standards research can inform open innovation”) are online at SlideShare. Failed OI Network Strategies Often the research in managing innovation networks (platforms etc.)

Open Innovation Challenge for Encapsulation Delivery Technologies

eZassi

Fernandina Beach, Florida: Disruptive and transformational solutions are at the forefront of innovation. eZassi, a leader in open innovation software, crowdsourcing and idea analytics, announces the launch of a new open innovation challenge, “Delivery Technologies.”. All interested innovators can safely and securely participate online in the Delivery Technologies Challenge by visiting www.ezassi.com/innovation-challenges.

Iowa Department of Transportation Selects Qmarkets Platform for Cross-Functional Idea Crowdsourcing Initiative

Qmarkets

Iowa DOT has announced the successful deployment of Qmarkets’ innovation management software, with the launch of their Research Ideas Website. Utilizing Qmarkets ’ field-proven best practices, DOT tailored the idea crowdsourcing platform to follow a simple four-step process.

What is Crowdsourcing for Innovation?

eZassi

What is Crowdsourcing for Innovation? Crowdsourcing and co-creation is an essential arm of conducting smart business. How to channel your internal and external crowd for innovation, ideation and collaboration. What is the Goal of Crowdsourcing Innovation? More ideas mean a better chance of bringing something truly innovative to the surface. What is Crowdsourcing for Innovation? What is Crowdsourcing for Innovation?

Open Innovation and IP Contamination: Are you at risk?

Yet2

Open Innovation (OI) refers to the practice of accelerating innovation by leveraging ideas and technologies from outside sources. The blossoming of an OI community, expansion of the crowdsourcing craze, and accessibility to a wider pool of startups, universities and inventors all encourage companies large and small to look outside their walls for inspiration, partnerships, and licensing opportunities. But how open is too open?

Formula 1 is Crowdsourcing Novel Viewing Experiences

IdeaConnection

The “Tata Communications F1 Innovation Prize” is offering $50,000 to the person who comes up with the best way to improve broadcasts of races and how they are enjoyed by viewers. “We’re We’re giving you, the fans the chance to design your F1 the ultimate user interface using F1’s diverse data points to create your own viewing experience,” commented Ross Brawn, the managing director of Formula 1. For more information including the full open innovation challenge brief click here.

The Benefits of Open Innovation

HunchBuzz

Open innovation is the life blood of many corporations. One of the greatest benefits of open innovation is the ability to find and groom innovators who already have products and technologies. This is because even those in a corporation hired to work on technological and product innovations rarely have as much time to do the work they were hired to do. Open” means open across the board. What is Innovation Management? Open innovation

Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

Qmarkets

Corporate Innovation: A Victim of Remote Work? Corporate innovation will not be spared the troubles of adjusting to the “new normal.” ” As a former Googler, Mayer knew that innovation requires collaboration, and both thrive on serendipity. Crowdsourcing to the Rescue?

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Nine Short Innovation Lessons from Lego

Destination Innovation

Lego is now revered as one of the most innovative and successful companies in the world. They asked customers to help design new products. Lego was an early adopter of a concept which is now all the rage in innovation circles – the minimum viable product. Collaborate to innovate. Innovative use of Video. He transformed the culture into a creative, agile and rapid hothouse of innovation.

15 most important Innovation Theories your company should be using

Idea to Value

Every company says that innovation is important, and that they value the ideas of their people. Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their innovation ambitions, let alone turning it into profit. In fact, according to some estimates by Doblin , 96% of all new innovations which established companies attempt fail to make a return on investment. Suggested viewing: 12 – Disruptive Innovation.

4 Simple, Yet Powerful Benefits of Crowdsourced Solutions

Innocentive

When concepts like open innovation and crowdsourced solutions are discussed, it’s essential to simplify; what this means, the process, what it is and is not, and the benefits organizations stand to gain by embracing this capability and results for rapid and meaningful innovation. Seekers Innovation InsightsSometimes, simplicity is a great thing. We simplify complex instructions, dense research, and many other things in our lives.

Innovation Crowdsourcing

HunchBuzz

Crowdsourcing has become a big trend, with many companies relying on feedback and ideas from the public to deliver a new product or update an existing one. Crowdsourcing innovation can benefit everyone involved, as long as the company has a clear set of goals from the start of their campaign. A recent innovation crowdsourcing event that was a real success was performed by Lay’s via Facebook. Successes in crowdsourcing innovation outweigh possible failures.

Can an Open Innovation Challenge Methodology Help Solve the Refugee Crisis?

Qmarkets

It’s time to realize the power an open innovation challenge methodology - specifically one that involves crowdsourcing - can have when it comes to affecting real change. By following a structured, systematic idea management process, corporations use the collective mind of their own people to design new improved technologies, products and services, to continue improve processes, optimize operations and cut costs.

Iowa Department of Transportation Selects Qmarkets Platform for Cross-Functional Idea Crowdsourcing Initiative

Qmarkets

Iowa DOT has announced the successful deployment of Qmarkets’ innovation management software, with the launch of their Research Ideas Website. link] The Iowa DOT Idea Crowdsourcing website for users to suggest new and innovative ideas to improve transportation in Iowa.

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.

Iowa Department of Transportation Selects Qmarkets Platform for Cross-Functional Idea Crowdsourcing Initiative

Qmarkets

Iowa DOT has announced the successful deployment of Qmarkets’ innovation management software, with the launch of their Research Ideas Website. We’re really happy to be using Qmarkets’ tool to help drive innovation at the DOT, both internally and externally.” “The

100%Open Past and Future

100%Open

A Reflection on 10 Years in Open Innovation. When 100%Open was spun out of Nesta 10 years ago, open innovation was interesting. Of course, proprietary innovation is the lifeblood of large companies. The major shift from 2009 to today is that most large organisations have embraced open innovation as mainstream within their innovation, partnering and investment activities. The business case for open innovation .

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