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.

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 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.

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

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: 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

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

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?

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.

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.

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.

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.

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

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?

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.

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.

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 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

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.

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.”.

How Open Innovation Can Be Used in the Financial Sector

InnovationManagement

However, we thought that there were a few problems that could be particularly fruitful when applied to open innovation systems. Strategies compliance innovation management open innovation security standard bank technologyIn a recent article, The Financial Brand discussed the biggest threats to the financial and banking industry. They included a long list of everything from profitability to making good hiring decisions.

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

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 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.

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

Hype

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

Essential Steps Toward Open Innovation Success

eZassi

The goal of open innovation is to allow organizations to collaborate with external resources to advance their technologies. Innovation Integration. An automated assessment and analytics tool supports innovation integration, making the process seamless to your existing system.

Effective Co-Creation - A Guide to Open Innovation Programs

Hype

Open Innovation is a challenging task for any company. Innovation ProgramsYet it yields great opportunities, and in this new world of digital transformation and rapid change in traditional markets, it's an approach CINOs have to consider.

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.

Brush Up On Your Open Innovation Know-How With The Best Of Henry Chesbrough’s Work

Hype

Open InnovationNowadays, the Internet is littered (in a good way!) with applications designed to help you brush up on your know-how. Whichbook , for example, uses scales – i.e., “Larger than life - Down to earth”, “Optimistic - Bleak”, to generate your next inspiring Sunday read.

Picking the Right Stakeholders for Open Innovation

InnovationManagement

What external stakeholder groups can you tap into to build value for your innovation initiatives? If so, what is your plan for reaching out to organizations within these pools so that you can further expand your innovation ecosystem? Strategies communication ecosystem enterprise innovation innovation strategy MNC open innovation SME stakeholder management Stakeholders strategic partnership

Open Innovation: Your Guide to Harnessing and Managing the Best Ideas

IdeaScale

Open innovation allows everyone to compete equally, whether their development budget is large or small. What is Open Innovation. Why Open Innovation is an Equalizer. How to Use Open Innovation in Your Organization.

A National Open Innovation Strategy for Austria

Innovation Excellence

Austria kicks off the new years with an Open Innovation Strategy, a first of its kind globally. Continue reading → Feature Of The Week Austria collaboration Gertraud Leimüller global open innovation strategy Strategy winnovation

Crossing Participative Innovation with Open Innovation (1/2)

Rapid Innovation in digital time

What is Participative Innovation? And how does it intersect with Open Innovation with the Crowd? Continue reading → Innovation Chesbrough Cocreation crowd sourced innovation CrowdInnovation Open Innovation Participative 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

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

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 Meets Democracy on Malta

IdeaConnection

The island country of Malta may start to change the way it does politics, by taking an open innovation approach. In this vein it is requesting that citizens propose their ideas and open them up for discussion. Open Innovation IDEAT project open innovation and democracy

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.

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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.

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.