article thumbnail

An innovation culture or a culture of continuity

Jeffrey Phillips

I've been reading and thinking a lot lately about what is described as a "culture of innovation". I think a culture of innovation is kind of like a unicorn: it would be cool if it existed, and some people claim to have seen one, but when you get up close it's just a normal animal that happens to be missing a horn.

Culture 252
article thumbnail

The building blocks of open innovation lead towards Business Ecosystems.

Paul Hobcraft

The building blocks of open innovation building towards Business Ecosystem design. By incorporating Open Innovation Strategies as the next building block, businesses can create a dynamic and expansive innovation ecosystem beyond internal and partnership and certain collaborative boundaries.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Understanding Open Innovation

IdeaScale

The ultimate result is open innovation, the concept that good ideas come not just from within organizations, but from outside them as well. Why Open Innovation Is Emerging as a New Paradigm. The erosion of closed innovation has been happening for several reasons.

article thumbnail

Implementing Open Innovation: Insights from Ariana Smetana of AccelIQ Digital

Qmarkets

Open innovation is a core strategy for transformative growth amongst a growing number of enterprise companies around the world. The days of boardrooms and R&D departments keeping innovation under lock and key are waning, as companies are increasingly preferring a more collaborative approach with startups and other external parties.

article thumbnail

Optimising Your Return on Open Innovation

100%Open

.” As HeroX have noted in their blog post reflecting on the interview, there are five main points that came across during the Twitter Space: 1 – Open Innovation metrics are possible. Principle number one is to measure the benefits and the costs from both perspectives in your open innovation partnership.

article thumbnail

Driving Open Innovation Through a Culture of Collaboration

eZassi

Open Innovation is the grounded in the belief that great ideas can come from any source and an organization’s internal expertise will transform those ideas into market value. The challenge comes when an organization chooses to shift from a closed innovation system to an open one. The Cultural Shift.

article thumbnail

Open Innovation: A Major Change in Corporate Culture

eZassi

As a human endeavor, the corporation’s culture embodies human traits including a suspicion of outsiders and fierce protectionism of its entrenched systems. Unfortunately, these typical business characteristics inhibit the organization achieving true open innovation. The Open Innovation/Traditional Corporate Culture Clash.