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

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.

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.”.

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. When we learned of the topic, we felt compelled to submit our collaborative effort with OGTC. Featured Innovation Blog

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.

NASA Announces Winners of Open Innovation Robot Contest

IdeaConnection

When NASA wanted help for the design of its next robot it knew just where to go for innovative insights – the crowd. The space agency launched an open innovation competition to design an arm for a space robot named Astrobee, and the first winners have just been revealed.

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.”

An open innovation success story

Be-novative

We have a particular key learning to share along with an open innovation success story. collective creativity open innovationFirst, let's briefly go over Collective Creativity.

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 6: Co-learning.

Open Innovation: A critical success factor when you build your innovation journey

IdeaScale

As a consequence there is not a “one size fits all” solution – each company needs a unique plan to drive innovation and change successfully. However, successful innovation management goes beyond the research and development department. Want to learn more?

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?

Open Innovation at the User Innovation Conference

Open Innovation

On Tuesday, Frank Piller of RWTH Aachen presented an overview of open innovation. He presented to attendees at the 2014 Open and User Innovation Conference — the 12th annual meeting of the user innovation workshop — which met at Harvard Business School.

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.

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.

Themes for the practice of open innovation

Open Innovation

Like my OI collaborators Henry Chesbrough & Wim Vanhaverbeke, I get a lot of emails (and receive many Google News updates) on businesses and consultants touting some claimed breakthrough on open innovation. I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. New Frontiers in Open Innovation, Oxford: Oxford University Press, pp.

The Era of Open Innovation

eZassi

The shift from closed innovation to open innovation is the defining characteristic of this decade. Even large companies like Microsoft are replacing private R&D with open source methods. Open Innovation is a Revolution. Many of the biggest innovations of the last few decades were built upon pre-existing infrastructure. As the infrastructure grows, so does the possibility for innovation. This is exactly what open innovation is about.

Electrolux to Launch an Open Innovation Factory

IdeaConnection

In a move designed to accelerate innovation in its manufacturing processes and boost product development, Electrolux is launching the Electrolux Innovation Factory. ” Innovative Co-Working Space. Open Innovation Electrolux Innovation Factory

Obama Receives Recognition for Open Innovation Achievements

IdeaConnection

President Barack Obama has been honored with the Award for Outstanding Global leadership in Open Innovation. This public and well-deserved recognition took place at the recent World Open Innovation Conference in Barcelona, Spain.

Principles of open innovation

hackerearth

There are all examples of open innovation (OI) at its best. Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. Innovation Management

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.

What Motivates IdeaConnection’s Open Innovation Solvers?

IdeaConnection

I love learning new things and interacting with people from different backgrounds and areas.” I spend quite a bit of my time doing freelance stuff like this and so it is always interesting to learn a new area and develop my knowledge.“.

Driving Open Innovation Through a Culture of Collaboration

eZassi

Open Innovation is the grounded in the belief that great ideas can come from any source and an organization’s internal expertise will transform those ideas into market value. The challenge comes when an organization chooses to shift from a closed innovation system to an open one.

Open Innovation: A Major Change in Corporate Culture

eZassi

Unfortunately, these typical business characteristics inhibit the organization achieving true open innovation. The Open Innovation/Traditional Corporate Culture Clash. Innovation and market response is important, but it’s more important that we control the process.

Open Innovation: A Major Change in Corporate Culture

eZassi

Unfortunately, these typical business characteristics inhibit the organization achieving true open innovation. The Open Innovation/Traditional Corporate Culture Clash. Innovation and market response is important, but it’s more important that we control the process.

Winners of Nokia’s 2016 Open Innovation Challenge Announced

IdeaConnection

A big round of applause is due to the winners of Nokia’s 2016 Open Innovation Challenge, a global search for the next big ideas in the Internet of Things (IoT). ” During this year’s iteration of the open innovation contest more than 400 companies submitted their ideas.

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).

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.

5 Valuable Innovation Lessons Companies can Learn from Google

IdeaScale

Google didn’t put the world at a fingertip without innovation. So how did it achieve such innovative heights? But Google has learned from these failures: Google Glass doesn’t make a great consumer product, for example, but for industrial applications it’s perfect.

Intrapreneurship at Pernod-Ricard: test and learn in action

Rapid Innovation in digital time

Astrid Froment created Kangaroo Fund, an open innovation Fund for the 18,000 Pernod Ricard Employees, and an intrapreneurship program adopting experimentation & lean Start Up. Innovation Rapid Innovation Unit Astrid Froment Coaching Corporate accelerator Entrepreneur Incubation intrapreneurship Lean startup Open Innovation Pernod-Ricard Startups

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

The Road to Success with Open Innovation Facilitators

IdeaConnection

IdeaConnection’s problem-solving teams regularly come up with breakthrough innovations and solutions for a range of solution seekers. It really felt like we were innovating and exploring new boundaries. “I love learning new things.

Standardization as an open innovation activity

Open Innovation

An important but understudied form of open innovation is the network form (network as defined by Powell 1990). The theme for EURAS 2016 is ‘Co-opetition and Open Innovation’, and so I was invited to deliver the keynote address. The slides for my talk (entitled “How standards research can inform open innovation”) are online at SlideShare. Failed OI Network Strategies Often the research in managing innovation networks (platforms etc.)

MedTech Industry Open Innovation Challenges, Interview With eZassi CEO

eZassi

Plastics Today interview with eZassi’s CEO, Peter von Dyck, discusses how the Medical Device Industry (MedTech Industry) is opening up to embracing open innovation. The medtech industry open innovation challenges have been on the forefront of the industry for a long time.

3 Things Innovators Can Learn From Elon Musk

Innovation Excellence

We aren’t all child geniuses turned mega entrepreneurs, but there are 3 things that as fellow innovators, we can learn from Elon Musk. Celebrity Consumer Innovation Creativity Disruption Innovation Inspiration Profiles of Innovators Elon Musk Open Innovation tesla

Crowdsourcing at Work: Open Innovation with Unilever’s Foundry IDEAS™

Spigit

One of those brands is Unilever , one of the world’s leading suppliers of Food, Home and Personal Care products that launched its crowdsourced innovation program , Unilever Foundry, last year, to make sustainable living commonplace by collaborating with innovators.