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.

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.

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Profiling the Open Innovation Manager

Hype

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.

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.

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?

Ernst & Young On Measuring Open Innovation

Hype

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

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.

Four Open Innovation Techniques

Wellspring

There are four main tactics that organizations commonly use for inbound open innovation; tech scouting, vertical collaboration, horizontal collaboration, and technology sourcing. Open Innovation

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?

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.

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

Driving your business forward with open innovation

hackerearth

HackerEarth is pleased to announce its next webinar on Innovation Management to help you learn from thought leaders and domain experts from all over the world. And companies are constantly looking for efficient models to propel innovation. Open Innovation - What is it?

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

Mattel’s New Open Innovation Portal

IdeaConnection

Mattel, Inc, the American multinational toy manufacturing company is now embracing open innovation in a big way. Now the company’s doors are wide open to external input. For more details and to submit an idea, click here for Mattel’s open innovation portal.

Tackling Alzheimer’s Disease with Open Innovation

IdeaConnection

To accelerate research into treatment and detection and to find a cure, a group known as the Alzheimer’s Breakthrough team is turning to open innovation and crowdsourcing models. Open Innovation open innovation and Alzheimer's Disease XPrize Foundation

Models, Strategies and Tactics for Accelerating Innovation through Collaboration Outside the Organization

Speaker: Paul Campbell, VP of Innovation, Schneider Electric

We are excited to have Paul Campbell, an expert in corporate entrepreneurship with tenure at industry-leading companies, covering some of the strategies and tactics he has repeatedly used to transform corporate innovation programs.

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.

The Ultimate Open Innovator

100open

On Monday mornings at 100%Open we sit down together as a team and each take just a few minutes to share our achievements, activities and alerts. In that moment Andy opened up to the world and let us all know how much it meant to him. Andy Murray is the ultimate innovator. 100%Open innovation open innovation skills for innovation

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.

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.

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.

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.

Six Myths about Open Innovation

Yet2

You have heard about Open Innovation in the news, but are hesitant to implement OI because you think it won’t be successful. Below are 6 myths about open innovation that will make you rethink your reluctance. Nobody Has Success Using Open Innovation. Open innovation has brought significant benefits to companies from enterprise to startup size, including GE, Lego, Samsung, and even NASA. Open Innovation is a Passing Fad.

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.

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

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.

A Profile of Open Innovation Managers in Multinational Companies

InnovationManagement

Open innovation is widely used in large companies and we know increasingly more about how to manage this process. In contrast, we know virtually nothing about the managers and practitioners who are driving open innovation in large companies. Who are the managers operating in open innovation teams or units? How long do they stay in an open innovation job, and what is their tenure in the company?

Why Open Innovation Makes Sense

Innocentive

Innovation is something that most organizations want to master so that they can survive in our increasingly ‘VUCA’ world. Innovating well is increasingly challenging however. Innovation InsightsA recent study from the Stanford Institute for Economic Policy Research highlighted the difficulties organizations face in the modern world.

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 managersYou’ve likely heard of the curse of knowledge or sometimes it is called the curse of the expert.

Defining Open Innovation, Crowdsourcing, and Crowdsourced Innovation

Innocentive

As an evolving, fashionable and relatively new field, Open Innovation is naturally packed with jargon and disputed definitions. Innovation InsightsThere are different terms with the same meaning, the same terms with different meanings and terms being used entirely incorrectly. In this post I try to bring some clarity, referencing reliable academic and business literature where possible.

Report Highlights Skills Shortage in Open Innovation

Innovation Excellence

More and more companies are engaging in some form of open innovation, but such an approach requires a new way of working that employees are often ill-equipped to undertake. That's the argument put forth by a new paper from The European Academic Network for Open Innovation.

Lufthansa’s Inflight Open Innovation Platform

IdeaConnection

The German airline has come up with a neat way of doing open innovation and that is with its FlyingLab, which involves passengers testing new products and services while they are flying. For more information about Lufthansa’s open innovation FlyingLab, click here.

Open innovation, open science and open to the world

Innovation Excellence

A new paper from the European Union outlines their attitude and approach towards open innovation in Europe. collaboration Innovation Open Innovation Strategy open access Open Data Open Science

The Open Innovation Methods Matrix – Part 1

100open

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).

Open Innovation in Barcelona

Open Innovation

In two weeks, #WOIC2016 will attract open innovation scholars from around the world the 3rd annual World Open Innovation Conference. (It The plenary sessions include the vice mayor of Barcelona, an award-winning chef, the EU Commissioner for Research, Science and Innovation, a Philips VP, and directors from Telefonica and a local hospital. conferences open innovation WOIC 2016 World Open Innovation Conference

The Open Innovation Methods Matrix – Part 2

100open

In the previous post , we gave an overview of the Open Innovation Methods Matrix below, and defined the varying degrees of openness (the X-axis) and the different stages of open innovation (the Y-axis). Innovation Incubator (Extract/Internal) – A laboratory where new projects have space, time and investment to be developed and tested, away from day-to-day requirements of the current business – e.g. Lockhead Martin Skunkworks.

The Extent & Form of Open Innovation Today

Innocentive

Whilst challenge prizes have existed for hundreds of years, the concept of open innovation came to widespread attention through the work of Henry Chesborough. His 2003 classic Open Innovation: The new imperative for creating and profiting from technology highlighted the considerable potential of a more open approach to innovation, and alongside James Surowiecki’s Wisdom of Crowds , which was published the following year, showed a new way of thinking.

Open Innovation Just Got Easier

100open

This week we’re launching our new free open innovation toolkit. We have designed our toolkit to be used by those new to open innovation and old hands alike. It consists of 30 tools covering the whole open innovation journey from setting a strategy for collaboration to implementing mutually beneficial business models.

Open Innovation Contests Drive Breakthroughs

IdeaConnection

Whether it’s coming up with novel ways that allow astronauts to poop safely in space, inventing life-saving medical devices or finding solutions to such complex problems as global warming, open innovation contests are powerful catalysts for groundbreaking advances.

Open Innovation to Help Sick Children

IdeaConnection

It has launched an open innovation competition, along with the Institute of Pediatric Innovation (IPI) to source ideas for a package and dispensing device that will make it easier to dispense medicine to children.