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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.

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Understanding Open Innovation

IdeaScale

Historically, research and development departments within organizations were solely responsible for coming up with innovative ideas. Traditionally, corporate innovation has been an inside job, with few exceptions. Why Open Innovation Is Emerging as a New Paradigm.

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How to build an open innovation ecosystem

HYPE Innovation

A truly stable system expects the unexpected, is prepared to be disrupted and waits to be transformed. True stability results when presumed order and presumed disorder are balanced.

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Key Takeaways from April’s Open Innovation Summit

IdeaScale

The Open Innovation Summit is all about expanding innovation beyond a small committee or a lab in the building to your entire organization. Just like any other scaling project, taking innovation company-wide can come with unexpected obstacles. Innovation Is A Need. Innovation Isn’t Tech-Driven.

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The need for Transformational Innovation

Paul Hobcraft

The need for transformational innovation. Transformational innovation is increasingly needed to cope with the change needed in many organizations to find a new or repositioned value proposition. Transformational innovation is one of the hardest, if not the hardest, to achieve.

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How Effective is Open Innovation?

100%Open

For example, this month’s tool in the spotlight is 100%Open Innovation Metrics. Many organisations now have the opportunity to look back at their open innovation programmes with an appraising eye. With some evidence behind them, they are weighing up the effectiveness of being open. How open is your organisation ?

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Has innovation changed over the last ten years?

Paul Hobcraft

Innovation is certainly a complex and dynamic process that involves many factors and actors and I certainly feel it has been shifting in its focus. I decided to ask GPT-4 what major shifts have occurred in how we approached innovation ten years ago and today. It was suggested that these were the following.