Do You Know What Open Innovation Is?

IdeaScale

In case you hadn’t heard, open innovation was defined by Henry Chesbrough as “a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology.”.

Ernst & Young On Measuring Open Innovation

HYPE Innovation

Consider for a moment the following three statements: Innovation results from lucky accidents; The more open the innovation process, the less disciplined; Innovation can’t be measured. Open Innovation

Open Innovation: Overcoming cognitive bias in innovation projects

Innovation Excellence

This is cognitive bias and it is the enemy of innovation. Innovation Open Innovation Processes & Tools Innovation Management Product Management product managers

Three Flavours of Open Innovation: breaking down institutional boundaries through the X-Factor, Speed Dating, and iOT

Imaginatik

A great deal of activity has been happening under the topic of ‘open innovation’, however we have found very different initiatives launched by our clients that challenge a common definition of the term. We have just peeked at three different flavours of open innovation.

6 Ways to Create a Successful Innovation Program

The practice of innovation has come a long way, and for good reason. In response, even the largest, most established firms have prioritized creating a culture of innovation in order to thrive in the coming. is the world’s largest provider of innovation management solutions.

Effective communication is the essence of open innovation

Wellspring

We've practiced agriculture for some 12,000 years, and in that time have continued finding innovative ways to feed a growing population. Dow AgroSciences is very open about the complexity of their R&D pipeline. Industrial agriculture is a highly complex operation.

Inviting Your Prosumers Into the Innovation Process

IdeaHunt

Inviting Your Prosumers Into the Innovation Process While managing the risks involved In the first post, we introduced the idea or concept of how consumers have changed, morphed thanks to innovation in commerce and technology, into proactive consumers – or prosumers. Corporate Innovation innovation strategy Open Innovation Prosumers

33 Routes to Open Innovation

Open Innovation EU

It has been a while since Henry Chesbrough coined the term Open Innovation and formulated it’s definition: “combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies.” In the course of time, the terminology surrounding Open Innovation has evolved alongside developments in management literature and practises. Route 4: Collaborative Innovation. Route 12: Open Business.

Open Innovation for Startups

IdeaHunt

Opening up the Innovation Process

Technology Scouting Software for Open Innovation

eZassi

Consumer demands have never been higher, and large organization who don’t innovate will eventually die (think of Blockbuster or Xerox). Enterprises are increasingly turning to open innovation for their product development strategy. Open Innovation Technology

Social Media Integration and Open Innovation Software

eZassi

How many times have you been interested in something online, only to abandon moving forward when you see a cumbersome sign in process, replete with password entry a confirmation email in the way? Increase the amount of people that join your innovation community by making it easier to begin.

Boeing Engaging Employees via Open Innovation

IdeaConnection

When Boeing wanted fresh ideas on how to spend $100 million, which was the result of the benefits of tax reform legislation it turned to open innovation. It can also provide ways for companies to engage their employees in the innovation process or in making important decisions.

Developing and Maintaining Innovation Networks

Wellspring

Maintaining an innovation network is easier said than done. With 150 scientific articles, 720 patents filed, and 80 startups founded every 30 minutes, even the most lavishly staffed innovation teams cannot parse this level of data.

Data 63

The Living Labs Driving Open Innovation in the Public Sector

Innocentive

Open innovation is becoming well established as an important business model. To demonstrate the positive impact this approach can have, we explore three initiatives based on the concept of ‘Living Labs’ – “ user-centred, open innovation ecosystems based on a systematic user co-creation approach integrating research and innovation processes ". Innovation Insights

Do you have an open innovation strategy?

Open Innovation EU

In today’s business environment, where startups play an increasingly important role and disruptions come from unexpected corners of the business arena, embracing external sources of knowledge as part of an open innovation strategy becomes crucial! Rotterdam School of Management launches a new programme focused on implementing such an open innovation strategy with a particular focus on the role of startups.

The Open Innovation Methods Matrix – Part 1

100%Open

When it comes to open innovation, knowing where to start or what to do next can often be the hardest decision. To counter this, we have produced a simple tool (below), which is based on our range of practical experience, to show the most common and relevant methods to successfully innovate openly. Additionally, the value of opening up is very different depending on which stage of the innovation process you are at (the Y-axis).

Achieving Open Innovation Without the Risk By Empowering Your Prosumers with Idea Hunt

IdeaHunt

Empowering Your Prosumers with Idea Hunt Achieving Open Innovation Without the Risk In this series of blog posts, we’ve been talking about the shift from consumers to prosumer, and how you can bring them into your innovation process, without opening yourself up to risk. Corporate Innovation Idea Hunt Innovation idea hunt Open Innovation Prosumers

3 Open Innovation Reports You Need to Read Right Now

Spigit

In the open innovation space, one regularly leads to the other. Companies Leverage Open Innovation Better than China. that are taking innovation initiatives to heart. companies are often better at converting customers’ wants and needs into innovative products.

Report 101

Idea Management Software Streamlines Open Innovation

eZassi

Idea Management Software Streamlines Open Innovation. “Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology.” ” https://en.wikipedia.org/wiki/Open_innovation. Traditionally, innovation was a closely guarded secret. Traditional Companies Are Moving Toward Open Innovation.

Mid-market Firms Need Innovation

Wellspring

While the innovation prowess of the top-performing companies are well known, the “big business” side of the market only represents one-third of the $30 trillion dollars in private sector gross receipts.

The Efficiency of Innovation

Innovation Excellence

Innovation efficiency is simply the output produced from the resource invested. Build Capability Culture & Values Innovation Open Innovation People & Skills innovation portfolio innovation process metrics Paradox of Innovation Process

How Ideas Flow Through a Structured and Open Innovation Software

eZassi

We’ve wrote about the open innovation software process before, but understanding how ideas move through that process is very important from a couple of perspectives, depending on which style of innovation you move forward with; internal or external. Open Innovation.

Finding the limits of open innovation

Open Innovation

In preparing for #AOM2016 and another session on open innovation, one of the potential participants raised the issue of the limits of open innovation. I am certain sympathetic: since 2006, I have noticed “open innovation” used as though it were a sacred incantation or magic pixie dust that somehow could turn lead into gold or gruel into caviar. Still, from this, I would suggest at least two limits on the definition of open innovation.

Are You Looking Everywhere for Your Ideas?

InnovationManagement

Strategies chunking idea management IdeaScale magneti marelli open innovation process prototyping testingLots of industries care about intellectual property and proprietary information, but perhaps none more so than the automotive industry where product development is seen as the competitive edge.

The Growing Value in that Crowd- Encourage it Out.

Paul Hobcraft

After a fairly detailed exploratory working through crowdsourcing in this mini-series, I wanted to offer my ‘take’, to help our thinking though in formulating clearer positions in this, to see its increasing value as contributing into an innovation management system.

The Growing Value in that Crowd- Encourage it Out.

Paul Hobcraft

After a fairly detailed exploratory working through crowdsourcing in this mini-series, I wanted to offer my ‘take’, to help our thinking though in formulating clearer positions in this, to see its increasing value as contributing into an innovation management system.

Are Insiders or Outsiders Better Innovators? [Report]

Innovation Excellence

A new study looks at the different ways that industry experts innovate when compared to those from other field. Continue reading → Innovation Processes & Tools Research Uncategorized Challenges Expertise Open Innovation report research Talent

That sudden surge within the crowd

Paul Hobcraft

Sequencing Being systematic for ideas breaking down the value of an idea broaden out where ideas come from idea management ideal process for innovation process engagement open innovation and collaborations the Idea to commercialization concept The Power of Global Collaborative Innovation

Why the Test & Learn Approach Does Not Work

Innovation Excellence

The in-market test & learn approach to innovation is becoming increasingly common, because it meets the cultural needs of modern businesses to behave entrepreneurially. Consumer Innovation Innovation marketing Open Innovation Processes & Tools Product Innovation Comsumers Customers Product Launch Strategy test & learn test marketing

Evaluating Crowdsourcing – offering a bright future?

Paul Hobcraft

Crowdsourcing has been growing in interest for some time to change our thinking in innovation discovery. All in all, if applied carefully it can provide you with a leading edge of innovation knowledge and insight. 6) it can create breakthrough innovation.

Evaluating Crowdsourcing – offering a bright future?

Paul Hobcraft

Crowdsourcing has been growing in interest for some time to change our thinking in innovation discovery. All in all, if applied carefully it can provide you a leading edge of innovation knowledge and insight. 6) it can create breakthrough innovation.

Six levers for Solving the Corporate Innovation Problem™ – Part 3

Innovation Excellence

In Part 3, we show six levers to change the “system problem” and think this is the way to solve the corporate innovation problem – and ultimately to increase innovation performance.

Hunting Innovation: Incorporating Tech Scouting & Corporate Venturing Into Your Internal Innovation Process

Qmarkets

There are many different types of innovation. Some are internal ( involving employees , incremental innovation , etc.), and some are external ( involving customers , open innovation , etc.).

Implementation is Your New Competitive Advantage

InnovationManagement

When it comes to implementation there are three things that companies ought to be thinking about in order to maintain a competitive advantage: process, feedback, and the importance of having multiple stakeholders from the beginning. Learn more in this Open Innovation Guide from IdeaScale. Strategies feedback IdeaScale open innovation process Stakeholders

So Are You Thinking Crowdsourcing?

Paul Hobcraft

A climate of trust comes from this dedication and empowerment, and openly engaging within communities. You fail to present your business in a real, human, personable and trustworthy way and leave it too vague and open enough, to not ‘draw-in’ as you would have liked.

So Are You Thinking Crowdsourcing?

Paul Hobcraft

A climate of trust comes from this dedication and empowerment, and openly engaging within communities. You fail to present your business in a real, human, personable and trustworthy way and leave it too vague and open enough, to not ‘draw-in’ as you would have liked.

Six Levers for Solving the Corporate Innovation Problem™ – Part 2

Innovation Excellence

Continue reading → Build Capability Change Culture & Values Customers Design Innovation Leadership People & Skills Back End of Innovation Fuzzy front end Open Innovation Process Resolving innovation problems