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Product Innovation the Easy Way: 3 Real World Examples

IdeaScale

Most video games take between two to five years from development to release, but EA Sports consistently delivers a new game in its beloved franchises every year. But no product is built for just one person in mind, and the creativity and thoughtfulness of the crowd can be harnessed for effective innovation.

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Reap a Competitive Advantage with Effective Business Model Innovation

IdeaScale

To a greater extent than product innovation, business model innovation forces rethinking of core beliefs about how businesses operate. In other words, business model innovation can be disruptive, toppling long-held beliefs about how customers get what they want. Besides, every town had a Blockbuster Video.

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TED Global: Open-Source, Open World [video]

Innovation Excellence

Embrace our wide-open shareable future where everything’s hackable and the power of the crowd propels innovation… Massimo Banzi helped invent the Arduino, a tiny, easy-to-use open-source microcontroller that’s inspired thousands of people around the world to make the coolest things they can imagine — from toys to satellite gear.

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Game Changers: How Citizen Science and Gamification Are Transforming the Business World

Qmarkets

Crowdsourcing company HeroX provides a platform for citizen driven innovation and science projects in conjunction with the Nasa Tournaments Lab. Citizen science and crowdsourcing are being increasingly recognized as invaluable tools for solving large-scale problems that transcend borders.

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Top 10 Takeaways from Spigit’s Ignite 2018 Conference

Planview

Crowdsourced innovation programs are maturing. Frequent communication is an absolute must for successful crowdsourced innovation programs. The key takeaway here is that in order to have a successful crowdsourced innovation program you need to have frequent communication with all participants.