article thumbnail

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.” When Should I Use Open Innovation? How Should I Use Open Innovation?

article thumbnail

Technology Scouting Software for Open Innovation

eZassi

Large organizations like these can no longer exclusively rely on the internal R&D team or employee base to produce the product innovation and insights that will keep them in the game. Enterprises are increasingly turning to open innovation for their product development strategy. ” They can be all over the world.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Do’s and Don’ts of Open Innovation

eZassi

Open innovation allows organizations to harness the creative efforts of others, both across the globe and in the office down the hall. The goal of open innovation is to access external and internal intellectual resources to help an organization expand their products and services.

article thumbnail

Gartner: Innovation Management Software Nearing Mainstream Adoption

Planview

But it’s the tools you use that help those ideas become reality and bring about tangible returns — tools like innovation management software (and for some, a new way of thinking about innovation altogether). Don’t get left behind — after all, innovation isn’t just a phase. Schedule a demo today.

article thumbnail

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. Software for running and managing prediction markets in the corporate setting is commercially available and can easily be modified for this particular purpose.

article thumbnail

Intrapreneurs

eZassi

Stanford University outlines the types of innovation as the following: Product innovation – New or improved good or service that benefits a company, such as improved customer experience or a new device for the market. Want to learn more about embracing intrapreneurship and creating an innovative culture within your organization?

article thumbnail

CPG Industry Innovation

eZassi

It’s a complex, interdepartmental system that is augmented with 3 tactics: the advantage of open innovation, strategic supply chain forecasting, and tools for enhanced collaboration across teams that bring new products to market. Utilize Open Innovation for R&D. Request a Demo.