Crowdsourcing, a concept born in mid 2000s in the USA, is one of the tools available to companies willing to embrace open innovation. As a definition of Open Innovation, one could say that for a company, it represents the extension of the sphere of innovation actors. The crowdsourcing fully represents that logic.…
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Focus on the Return on Investment of Open Innovation Editor’s note: We have written a more recent article on this subject entitled How to measure the results of Open Innovation? Innovation is a crucial investment for any company.. However, it is often difficult to evaluate the return on investment (ROI)…
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Innovation Communication An internal communication opportunity In 2013, the french index of company values indicated that 34% of companies consider innovation as the main value they claim to have, before quality, integrity and client satisfaction. Innovation represents the element of distinction in institutional speech as well as in developing the…
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Innovation management: creating and developing innovations Nowadays, innovation is the main development lever for companies. While in the past it emerged from collaboration between the R&D and Marketing departments, nowadays innovation reaches out to a larger field in the company and it requires various competences and a specific management. We…
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The Tricorder, an invention from Star Trek The TV series Star Trek invented a device, the Tricorder, which was rather unnoticed until Qualcomm decided to create an Open Innovation challenge around it. One version of the Tricorder was helping human beings to make their own reliable health diagnoses in less…
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What is an Open Innovation intermediaries? One aspect that differenciates Open Innovation from other innovation management approaches is the emergence of innovation intermediaries. While we observed the involvement of intermediary actors in situations such as technology alliances, we now see these intermediaries taking part in the innovation strategies of many…
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Orange crowdsourcing Platform Orange innovation teams are harnessing the power of crowdsourcing by tapping into the collective wisdom of the people at the very forefront of the digital revolution: consumers. As part of the “Imagine with Orange” initiative, your ideas take on a global dimension, giving you the chance to…
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IdeXlab keeps growing ideXlab Customers – Safran, Thales, Airbus Defense and Space and Schneider Electric are already familiar with the concepts of Open Innovation. They have however recognised the novelty of the ideXlab’s solution and subscribed to it to deepen their Open Innovation practice. Thanks to ideXlab’s online services one can discover…
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An Innovation Ranking It is quite popular to see rankings of all sorts in newspapers or TV shows. We are always intringued and want to know who is first, where we are, how others are ranked… human after all, right ? INSEAD, Cornell University and the WIPO have published a…
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Particularly useful Partnerships NCUB made a research commissioned by the Technology Strategy Board and Research Councils UK on the benefits of academic and business knowledge transfer partnerships through a model of best practice (you can get the full Successful engagement in Open Innovation report here). The academic expertise engaged with British businesses so as…
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The Longitude Prize This year’s choice topic for the longitude Prize is finding the long awaited answer on the resistance to Antibiotics with an awarded prize of £10 M to be won. The World Health Organization estimates that antibiotics treatments add an average of 20 years to all of our…
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Open Innovation is about exactly this: allow you to benefit from the other 99% of knowledge I only wanted to share this simple infographics inspired by a presentation by Creax . Their presentation includes nice representations of the Open Innovation benefits, recommended. This one simply tries to represent what an…
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