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The Future of Crowdsourcing: What Are the Main Trends?

HYPE Innovation

For decades, c rowdsourcing has been a n important idea-generation method for many companies. By bring ing together a diverse and broad community of people, this type of open innovation has the potential to uncover powerful solutions and solve complex problems.

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The Future of Crowdsourcing: What Are the Main Trends?

HYPE Innovation

For decades, c rowdsourcing has been a n important idea-generation method for many companies. By bring ing together a diverse and broad community of people, this type of open innovation has the potential to uncover powerful solutions and solve complex problems.

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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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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.

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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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Exploring frameworks and methods you need to know as an Innovator

Paul Hobcraft

“So we recognize digital transformation needs to lead somewhere, well it is really most likely to fundamentally alter your (innovation) business model “ Crowdsourcing needs dedicated focus to yield great results. “Will crowdsourcing provide predictable outcomes?