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

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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.

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.

A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

This action-packed session examined the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? Which partners and how many? Which methods? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly. This was a great session you don’t want to miss.

What exactly is Open Innovation?

Braineet

Here is my take on what open innovation really is and how you can use it to boost creativity in your company. 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.

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Open Innovation at Bouygues: each of our BU has an open innovation team

Rapid Innovation in digital time

Vincent Maret corporate director Open Innovation at Bouygues Corp. explains how to drive competitiveness through innovation! Innovation Rapid Innovation Unit Bouygues Corporate accelerator Entrepreneur Incubation intrapreneur Open Innovation Start-up Vincent Maret

Common Fears of Starting an Open Innovation Initiative and How to Resolve Them

HYPE Innovation

Adding external elements to an internal innovation program can prove a true rite of passage. The transition requires an open culture, employee empowerment, and executive commitment. Open Innovation

Open Innovation Helps in the Fight Against COVID-19

InnovationManagement

The post Open Innovation Helps in the Fight Against COVID-19 appeared first on Innovation Management. Open Innovation Trend Alert conferences coronavirus COVID-19 flexibility partnerships startup startup creativity virtual conference

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

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 session, Paul takes us through examples of successful open innovation programs to explore the breadth of what open innovation can be for organizations and the value it can bring. This was a great session you don’t want to miss.

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.

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.

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.

Open innovation resurgence during COVID. Why?

Jeffrey Phillips

There's been a resurgence lately in the concept of open innovation. I'm not quite sure why open innovation as a concept has received more press and more attention lately. It's not as though we have new open innovation methods or mechanisms, or that open innovation has demonstrated more effective outcomes. Rather, I think, open innovation becomes interesting when we are distributed and looking for new ways of working.

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.

How Open Innovation led by Purchasing works brilliantly at GRTGaz

Innovation Excellence

Mathilde Delignou is Project Manager Open Innovation and partnership at GRTgaz, one of the leading European operators in natural gas transmission. What is uncommon is that the open innovation activity lies within the Purchasing Department.

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.

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?

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.”.

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.

4 examples of open innovation in society

ideas4allinnovation

Open innovation is one of the most agile and effective avenues for transformation, as we have already seen in several examples with large enterprises. We can help you and broaden your scope with open innovation. Related content: 5 success stories in open innovation.

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.

An Openly Innovative Attitude.

100%Open

As a “newbie” to the innovation sector, I have to admit I had some help from the jargon buster. I’ve also come to understand that open innovation is no longer a novelty concept, rather a part of the culture at the heart of many companies, including Carlsberg , Argos , and Oxfam. This openness is helping them challenge conservative approaches thus, stand out from their competitors. Opening innovation up.

On-Demand Webinar: The Intersection of Sustainability & Open Innovation

Yet2

How is open innovation shepherding sustainability in some of the leading organizations worldwide? That was the primary question put to the panelists in the webinar, The Intersection of Sustainability & Open Innovation , which is now available on demand.

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

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

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.

Open Innovation at Bouygues – Innovating Across Business Units

Innovation Excellence

Vincent Maret is corporate director Open Innovation at Bouygues Corp. His goal is to drive competitiveness through innovation, leveraging agile methods, fostering open innovation programs, and supporting Bouygues business units in their transformation. Vincent has an extensive experience in marketing, strategy, innovation, project management, telecom and information technologies; as Marketing Manager; deputy R&D director with.

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.

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

My Starbucks Idea : an Open Innovation Case-Study

Braineet

Open InnovationHow Starbucks gathered more than 150,000 ideas and created new products and services by engaging its community.

Accompanying European SMEs on their Open Innovation Journeys

Innovation Excellence

Open Innovation collaboration Crowdsourcing Customers Entrepreneurship Innovation Management Strategy success

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?

Open Innovation: co-creation, and intrapreneurship

Innovation Excellence

Culture & Values Innovation brand Cocreation Nicholas Ind Open Innovationn Start-up The Intrapreneurs' FactoryNicholas Ind is Associate Professor at the Oslo School of Management and a partner in Equilibrium Consulting.

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.

Leveraging an Open Innovation Portal to Build an Innovation Ecosystem

Yet2

Many large companies have open innovation portals. The snack food and beverage manufacturer has two separate open innovation portals that play a key role in the company’s strategic initiative and mission to empower people to snack right. These portals also serve as vital components in the company’s commitment and process to building an innovation ecosystem that incorporates startups, small brands and more.

Managing Open Innovation: one challenge/ coping strategy at a time

HYPE Innovation

We wrote about the trend too here on the blog, explaining how excessive collaboration harms organizational performance and stifles innovation (hint: overworking employees for only marginal gains). Open Innovation

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

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

4 examples of open innovation in society

ideas4allinnovation

Open innovation is one of the most agile and effective avenues for transformation, as we have already seen in several examples with large enterprises. We can help you and broaden your scope with open innovation. Related content: 5 success stories in open innovation.