Remove Disruption Remove Groups Remove Idea Generation Remove Open Innovation
article thumbnail

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?

article thumbnail

Exploring frameworks and methods you need to know as an Innovator

Paul Hobcraft

Some of these investigations or explanations were fairly long so I decided to not reproduce them here but to have an opening summary and then set up the links onto their site for you to read the ones that are of interest or curiosity to you. The first group are recent ones providing a really good depth to them.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Scaling-Up: Crossing the Internal Chasm in Corporate Innovation

Integrative Innovation

This article was co-written with Frank Mattes from Dual Innovation and innovation-3. The race is on for companies to find big, explorative or even “disruptiveinnovation ideas. Disrupt yourself or someone else will’, it has been said. Work in this Peer Group will start in the next few weeks.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Whereas, Gartner says it is a business discipline that aims to drive a repeatable, sustainable innovation process or culture within an organization. Innovation management initiatives focus on disruptive or step changes that transform the business in some significant way. In sustaining innovations, incumbents win.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Whereas, Gartner says it is a business discipline that aims to drive a repeatable, sustainable innovation process or culture within an organization. Innovation management initiatives focus on disruptive or step changes that transform the business in some significant way. In sustaining innovations, incumbents win.

article thumbnail

What is innovation? 15 experts share their innovation definition

Idea to Value

What mistake do companies often make when they talk about innovation? What simple thing can a company do to change their conversation / perspective about innovation? What mistake do companies often make when they talk about innovation? Kevin McFarthing was voted #1 blogger on innovation in 2015 by Innovation Excellence.

article thumbnail

Choosing the right innovation approach for your business

hackerearth

Innovation can be incremental (e.g. a new product sold to existing customers with significant cost savings and better performance), or disruptive (e.g. Need for innovation. Innovate or die” has become the catchphrase of the decade. Internal innovation teams or labs also use hackathons as an external source of innovation.