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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. On this page we gather a list of inspiring examples.

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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. The free flow, in and out, of ideas and IP promotes innovative ecosystems. Why does open innovation work?

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Shell Gamechanger – A Supertanker of Innovation

Destination Innovation

They encourage ideas from within and without Shell. The criteria they use in evaluating ideas are as follows. Novelty – is the idea fundamentally different? Value – could the idea generate substantial new value? Venturing – a new company is set up to bring the idea to market.

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To accelerate innovation, focus on culture

Jeffrey Phillips

Intent focus on the unimportant In an effort to be seen doing something, when innovation is a priority most organizations will respond with alacrity, gathering teams to conduct idea generation. The focus is on successful completion of the idea generation activity, not on actual implementation of new ideas.

Culture 150
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Qmarkets Provides Award-Winning Innovation Engine for Hyundai

Qmarkets

Leading automotive manufacturer Hyundai Motor America launched its BIG (Better Idea Generator) campaign – driven by Qmarkets innovation management software. Marketing Manager, Qmarkets. The post Qmarkets Provides Award-Winning Innovation Engine for Hyundai appeared first on Qmarkets. elliott.wilkins@Qmarkets.net.

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Qmarkets Provides Award-Winning Innovation Engine for Hyundai

Qmarkets

Leading automotive manufacturer Hyundai Motor America launched its BIG (Better Idea Generator) campaign – driven by Qmarkets innovation management software. This 12-month campaign incentivizes participants to contribute innovative ideas that have potential to impact the company’s key strategic priorities in positive ways.

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Everything you need to know about innovation management software

hackerearth

Although enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. And, thirty-eight percent vs. 22% are very satisfied with the return on their innovation investments.