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Open innovation & crowdsourcing resources

Board of Innovation

Open innovation & crowdsourcing resources Open Innovation, crowdsourcing, co-creation… overlapping terminologies to describe a trend towards more open business models and a closer collaboration with customers. On this page we gather a list of inspiring examples.

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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?

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Innovation thinking in Ecosystem and Generative AI design.

Paul Hobcraft

Verification and Validation: It’s critical to validate the generated ideas to ensure they align with your organization’s goals, are technically feasible, and have real-world applicability. This step may involve iterative processes of idea generation, refinement, evaluation, and real-life testing and prototyping.

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Effective communication is the essence of open innovation

Wellspring

Dow AgroSciences is very open about the complexity of their R&D pipeline. They told Grainews in 2016 that, on average, 10 years elapse between idea generation and market launch.

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Ready to add GenAI into your innovation ecosystem?

Ecosystems4Innovating

Contextual Innovation Concepts: Ensure generated innovation concepts are contextual and relevant to the current ecosystem and market conditions. AI models should consider the latest market trends and customer feedback in their idea generation. AI can help design experiments and analyze results.

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To accelerate innovation, focus on culture

Jeffrey Phillips

Intent focus on the unimportant In an effort to be seen doing something, when innovation is a priority most organizations will respond with alacrity, gathering teams to conduct idea generation. The focus is on successful completion of the idea generation activity, not on actual implementation of new ideas.

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The Goal: Ignite Innovative Culture

eZassi

Take an inventory of the 4 Innovation Styles within your project teams and balance these types across the different departments of your business to be confident there is cognitive diversity for innovation. This is an ideaGenerator.” Utilize Open Innovation Solutions.

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