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

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.

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?

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?

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.

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.

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 151

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.

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.

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.

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 for Cyber Threat Defenses

IdeaConnection

Cue open innovation. Open Innovation cybersecurity and open innovation gamificationFrom ransomware attacks and tampering with voter systems to taking out electrical grids and mining cryptocurrencies, cyber threats are a global problem.

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.

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.

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

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.

Open Innovation for Clean Water

IdeaConnection

They have formed an open innovation collaboration to tackle this pressing issue. The two organizations have posted four challenges on HelloScience , an open innovation platform started by Novozymes that encourages innovators to collaborate to solve the UN Sustainable Development Goals.

New Open Innovation Platform for European Farmers

IdeaConnection

Farmers in Europe are set to receive open innovation help for implementing climate-smart agriculture policies and practices. This week saw the launch of Agrisource, Europe’s first open innovation platform for climate-smart agriculture (CSA).

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.

Easing Traffic Congestion with Open Innovation

IdeaConnection

Here is a rundown of a few open innovation initiatives that have attempted to unclog our traffic-filled roads. Ford Motor Company’s Innovate Mobility Challenge – looked for solutions to transport challenges faced by different regions.

The End of Open Innovation?

100open

It’s clear that company innovation techniques are changing fast but how do we open innovation specialists react? If open is the’ new normal’ is our mission complete? Does this mean we at 100%Open are out of a job if everyone is practicing open innovation already?

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

Participate in Public Open Innovation Challenges

IdeaConnection

A fantastic way for organizations to give their innovation endeavours a rocket-sized boost and for innovators to get their teeth stuck into fascinating challenges is with IdeaConnection’s public challenges platform.

The Sky’s the Limit with Open Innovation

IdeaConnection

As part of its efforts to innovate and maintain a leading position in its market Singapore Airlines (SIA) is ramping up its open innovation endeavors. Also on its agenda is a strengthening of its internal open innovation culture.

Open Innovation for Veterans’ Health

IdeaConnection

Healthcare for seniors could soon be given a huge innovation boost thanks to the VABeachBio Innovation Challenge. ” Bringing Innovations to Market. Innovators, entrepreneurs and researchers from all over the world are being invited to take part.

Open Innovation Space Quest

IdeaConnection

And you can do so with NASA’s latest open innovation project – Backyard Worlds: Planet 9. For more information, and to sign up to the open innovation quest, click here. Open Innovation Backyard Worlds: Planet 9.

Open Innovation for the Greater Good

IdeaConnection

In addition to helping businesses solve tough challenges, innovate and bring new products and services to market open innovation is also used to tackle a range of social and conservation issues across the globe.

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.

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.

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

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

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

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

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.

How to Grow Your Open Innovation Network

Wellspring

Wellspring data shows that 70% of open innovation collaborations occur between organizations within 30 miles of one another. Most organizations have a limited network of open innovation partners and potential collaborators, and are missing countless technology opportunities as a result. Innovation Open Innovation Technology Scouting Technology Sourcing

Open Innovation Game

Open Innovation EU

The use of Open Innovation is to a large extent related to the rise of technology. Not only does technology smoothen Open Innovation, also the adaption of new technologies to the core business (model) can be accelerated by participating in Open Innovation networks. In fact, when talking to businesses the questions that they have do almost never directly include the use of Open Innovation as a goal.

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.

Protecting Forests via Open Innovation

IdeaConnection

The internet and cheap air travel may well have made the world a smaller place, but there are still many uncharted areas, which we now know a little bit more about thanks to open innovation. Open Innovation Global Forest Watch mapping drylands forests World Resources Institute