article thumbnail

12 Types of Innovation You Should Know in 2021

IdeaScale

Successful closed innovation requires protection, control, and ownership of intellectual property while still under development, through the use of special product development teams within a company. Social Innovation.

article thumbnail

11 female innovation leaders share their definition of innovation

Idea to Value

Agree on an internal definition at your company – solicit input from all over the organization, not just those in product development, IT and the C-Suite. Once you have agreement, align all innovation initiatives, metrics, rewards, organizational structure and investments to that vision.

article thumbnail

15 most important Innovation Theories your company should be using

Idea to Value

However, recently there have been a number of startups providing a software solution to enable companies to set up innovation challenges, have thousands of people submit their ideas, and then evaluate and manage these ideas in a more structured way. An example of the dashboard of Idea Management Systems: Wazoku’s Idea Spotlight.

Company 248