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. The ultimate result is open innovation, the concept that good ideas come not just from within organizations, but from outside them as well. Why Open Innovation Is Emerging as a New Paradigm. Best Practice open innovation

Open Innovation: 2 approaches towards value creation

Imaginatik

Open Innovation has been around for years. Open Innovation (OI) is no different. So, why invest in Open Innovation? Yet Open Innovation could be much more than “open things up” to our stakeholders and customers. Open Innovation

Top Challenges for Open Innovation and How to Solve Them

IdeaScale

Sometimes an innovation finds you. Innovation works best when it incorporates a broad network of perspectives. However, some challenges must be addressed as you develop your innovation strategy. But a small amount of guidance can be a powerful tool for innovators.

The rise of open innovation

Exago

Now, open innovation is trendy. The post The rise of open innovation appeared first on www.exago.com. Blog Insights engagement innovationacrossborders open-innovationJust a little over two decades ago, engaging external stakeholders was a rare thing.

A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

In this session, we’ll examine the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? In this session, you will learn: How to link innovation, especially open innovation, to corporate goals and strategies.

The promise of open innovation

Exago

While the idea goes back to the 60s, Henry Chesbrough, faculty director of the University of California’s Center for Open Innovation, coined the expression ‘open innovation’ in 2003. The post The promise of open innovation appeared first on www.exago.com.

The State of Open Innovation Today

Innovation Excellence

Last summer I wrote about an interesting report exploring the extent of open innovation around Europe. The study, conducted by the European Academic Network for Open Innovation, showed the growth in open innovation, with the majority of organizations practising it in some form or other.

Leveraging the Benefits of Open Innovation

IdeaScale

Open innovation is innovation where companies or organizations reach out to other companies, individuals, and the general public to create innovative products and services. Some open innovation partnerships include colleges and universities. The internet has made this type of innovation far more feasible than it once was. Knowledge is widely distributed, and relying solely upon internal research can limit an organization’s innovative capacity.

Broadening the church of Open Innovation

The Future Shapers

Open Innovation is about increasing the innovation potential of firms by opening them up to new ways of working with external organisations. The piece will draw on the work of John Golightly from his time at the Big Innovation Centre.

How to create valuable open innovation ecosystems

Exago

From building consumers’ loyalty through to establishing new partnerships, improving products and identifying more business opportunities – open innovation can bring companies remarkable benefits.

Six must-haves in the quest for open innovation success

Exago

We’ve seen how open innovation is stepping in to tear down more traditional corporate walls and to give you access to new sources of possibilities: the ideas, insights, opinions and visions of clients, partners, consumers and scientific and academic communities.

The Leadership of Open Innovation

Speaker: Paul Sloane, Director, Destination Innovation

Paul Sloane is a well-known author and speaker on open innovation. In this on-demand recorded session, Paul will takes through the breadth of what open innovation can be for organizations and the value it can bring. Who is using Open Innovation?

Ten Top Tips for Success with Open Innovation

Destination Innovation

Increasingly this internal focus is being replaced by a more powerful and effective approach – open innovation (OI). Assess in what areas you need more innovation. Assess your level of openness.

Tips 163

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.”.

Open innovation and the fight for your audience

Exago

Apple, Lego, Philips, Samsung, IBM, GSK and, most recently, Tata Steel, among many others – all have adopted open innovation initiatives to expand their organisations’ horizons. The post Open innovation and the fight for your audience appeared first on www.exago.com.

Open Innovation: A Tried and True Approach

Rocketspace

In the summer of 2014 , much of the tech press was amused, and even a little aghast —McDonald's had opened a digital incubator in San Francisco. How have we reached the point where even hamburger restaurants are embracing Open Innovation? Open Innovation

How is Open Innovation Different from Co-Creation?

IdeaScale

When innovating, do you stick to what you know or the wider world? Open innovation” and “co-creation” are words you hear a lot when building an innovation strategy, and they also seem to be words that most people poorly define. What Is Open Innovation?

What Is Open Innovation 2.0 and Why Does It Matter?

Viima

Open innovation is a model based on the thought that companies can really benefit from the free bi-directional flow of ideas and innovations from both within and outside the company. Innovation Open Innovation

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.

Crowdsourcing vs. Open Innovation: What’s the Difference?

IdeaScale

Open innovation vs. crowdsourcing can be a tough call. What’s the difference between crowdsourcing and open innovation? Crowdsourcing Vs. Open Innovation. The post Crowdsourcing vs. Open Innovation: What’s the Difference?

Where in the world is the audience for your open innovation programme?

Exago

As we've seen before, you’ll have to create audience-centric content to capture your open innovation audience. The post Where in the world is the audience for your open innovation programme? Blog Insights engagement open-innovation

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

Seven Critical Crowdsourcing and Open Innovation Mistakes to Avoid

IdeaScale

Crowdsourcing and open innovation are great ideas. Choosing Crowdsourcing Instead Of Open Innovation. Crowdsourcing and open innovation are two very different things. Open innovation is a more limited process that draws from your company.

ELIS launches open innovation challenge for social and individual development

Exago

The post ELIS launches open innovation challenge for social and individual development appeared first on www.exago.com. Blog Clients' success stories collective intelligence engagement initiative-success open-innovation participation

What are the top Corporate Open Innovation Models?

Rocketspace

The world's most forward-thinking companies have been looking outside of their walls to expand their new innovation pipeline with an open innovation strategy. But what exactly does this open innovation concept mean, and what is the best way to deploy programs?

Open innovation challenges – How to overcome the most common ones?

Viima

The popularity of open innovation doesn’t come as a surprise as the use of external sources can expand the innovation potential of an organization. Open Innovation Innovation

Open Innovation: definition, what types and benefits

mjvinnovation

We could summarize open innovation as the use of inflows and outflows of knowledge to accelerate internal innovation and expand markets. Keep reading to understand in depth what open innovation is and how it can be used in your business! The open innovation concept.

Accompanying European SMEs on their Open Innovation Journeys

Innovation Excellence

Open Innovation collaboration Crowdsourcing Customers Entrepreneurship Innovation Management Strategy success

Open Innovation and Crowdsourcing Best Practices

HYPE Innovation

Open innovation (also known as user, cumulative, mass, or distributed innovation, or as know-how trading) and crowdsourcing are both affordable, reliable, powerful ways to keep your company on the cutting edge of innovative ideas and products. Open Innovation

Living Labs and Open Innovation

HYPE Innovation

"Living labs" is a label applied to an array of very different innovation infrastructures that did not make it in the Jargon Madness finals of Forbes but is nonetheless “trendy, but confusing.” In this post, you will learn what it means and how linging labs is a usefuly concept for open innovatino programs.

The Business Case for Open Innovation

IdeaScale

Open innovation means better business. Making the business case for open innovation can be an uphill climb. Here are just a few reasons open innovation is for everyone. Innovation isn’t necessarily cheap. Open innovation offers new perspectives.

What You Need to Know About Open Innovation Programs

Rocketspace

Due to trends like digital transformation, corporate innovators in every industry started to look at and partner with much earlier stage startups. Working With Startups Corporate-Startup Partnerships Business Development Corporate Innovation Innovation innovation consultants

Profiling the Open Innovation Manager

HYPE Innovation

We talk a lot about, and also to, innovation managers here on the blog. Mike Hatrick (the event moderator) asked the question: who really is the innovation manager? The Innovation ManagerIn fact, we have an entire section dedicated to them.

Gamification and Open Innovation

eZassi

Open innovation injects new ideas into an organization by providing the ability for non-employees to submit concepts for consideration. The challenge is how to attract and engage these innovators in a way that sustains their interest and increases the quality of their submissions.

Nokia Launches Open Innovation Challenge

IdeaConnection

Nokia has officially launched its annual Nokia Open Innovation Challenge, a global contest that seeks world-changing technologies, products or solutions. On its open innovation challenge website, Nokia has highlighted some areas where it sees possible opportunities.

Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Open Social Innovation.”

Design the Right Open Innovation Project

Innovation Excellence

Open Innovation is now widely recognized as a way to enhance options for innovation by accessing external assets. Continue reading → Business Models Innovation Management Open Innovation R&D collaboration Innovation Management Process

Looking at Closed versus Open Innovation

Innovation Excellence

Is there any word more fundamental to the modern business lexicon than ‘innovation’? If we take renowned researcher John Seeley Brown’s definition, the very nature of doing business is an act of innovation: that is, innovation is invention — of any.

Open Innovation is the New Normal

Innovation Excellence

"Over the years, Open Innovation has become the new normal" states Hannes, Director Open Innovation Networks at Swarovski. Continue reading → Design Innovation collaboration collaborative innovation Design Thinking Hannes Erler Open Innovation Swarovski

Open Innovation News

IdeaConnection

It has been an exciting few days for open innovation with global companies launching big new open innovation initiatives. Open Innovation GE Appliances open innovation news

Open Innovation Platform for Singapore

IdeaConnection

Singapore is looking to ramp up its innovation efforts and therefore will soon be launching the Open Innovation Platform, a virtual crowdsourcing platform that aims to foster innovative ideas and narrow the gap between research and commercialization. Open Innovation Goals.

Social Innovation and Open Innovation – Two Sides of the Same Coin

Innovation Excellence

Her professional thesis examined the link between open innovation and corporate social responsibility within large companies. 1) Hi Charlotte, could you explain the topic of your recollection, crossing open innovation with social innovation? Innovation Charlotte Peleszezak CSR Open Innovation social innovation tech for goodCharlotte Peleszezak is graduated in International business law and entrepreneurship from HEC Paris.

Imaginatik and the Oil and Gas Technology Centre to Co-Present During Poster Session at the World Open Innovation Conference

Imaginatik

Imaginatik will be attending the 5th Annual World Open Innovation Conference (WOIC) in San Francisco, CA on December 13th and 14th. We’ve partnered with our valued customer, The Oil and Gas Technology Centre (OGTC) to develop and submit an open innovation paper describing our work together and the resulting economic impact. Interestingly, many feel it’s risky to open up to the outside world, but we actually believe it’s a risk mitigation strategy when done well.