Open Innovation: Examples of Companies This article proposes a few examples of companies that have chosen the path of open innovation. But first of all, let’s define the term “Open Innovation” together. Definition of Open Innovation Open Innovation is a concept introduced in the early 2000s by a research professor…
Can the Pharmaceutical Industry use Open Innovation to find New Treatments?
Open Innovation & New Treatments We were curious to see what results could result from a study of Open Innovation in the pharmaceutical industry applied to the identification of new molecules for therapeutic indications. The pharmaceutical sector has been a pioneer in Open Innovation and invests considerably in the discovery…
Can an SME innovate quickly and efficiently?
Managing Open Innovation in SMEs Managing Open Innovation in SMEs – When we started to focus on SMEs, we were curious to understand if our approaches and tools developed around Open Innovation for large Corporates could be applied to SMEs. Of course, innovation is a key element of competitiveness for…
How to measure the results of Open Innovation?
Unobvious results to measure with innovation Results Open Innovation – Measuring the Return on Investment that innovation (or Open Innovation) brings to a company is an extremely difficult task. When trying this task, it should be taken into account that part of the exercise is actually subjective, and can therefore…
Open Innovation: Does It Really Work?
Tour d’horizon de l’Open Innovation actuellement Success in Open Innovation – About 90% of companies consider that they innovate too slowly, and 80 to 90% of open innovation initiatives remain in the study stage and do not lead to concrete implementation. In the gigantic digital data repositories lie the information…
Why SMEs need to be concerned about Open Innovation?
All companies can benefit from Open Innovation Open Innovation SME – When we talk about using Open Innovation in R&D, we immediately think about large corporates. However, Open innovation can be particularly useful and beneficial for other types of companies. SMEs are a perfect example of this. Open Innovation in…
Is Open Innovation really collaborative?
Can we really talk about collaboration when using Open Innovation? 2018 was a busy year for me as an Open Innovation specialist. I had the opportunity to speak to more than 170 Innovation / Open Innovation Directors in large groups across Europe. One of my findings was that in most…
An example of state-of-the-art using Open Innovation
How to achieve a state of the art? How to realize a state-of-the-art? How can Open Innovation help? Some simple answers below. State-of-the-art : definition A state of the art is the identification of previous knowledge to avoid reinventing. Making a state-of-the-art makes it possible to verify or justify that…
[Guide] Which Open Innovation models to consider?
Different solutions are available to your company Open Innovation becomes a remedy when an answer to a technological or scientific question can not be found internally in a company, when outsourcing the answer or the solution is the best way to go. But what are the best Open Innovation models…
How to do a bibliographic search in Innovation?
The importance of the Bibliography in Innovation Bibliography and Innovation – The concept of bibliography seems reserved for academic work or literary essays. Yet it plays a key role in innovation. Here’s why. The bibliography, an ancient art A bibliography is a list that references the relevant documentation in a…
[Videos] What you need to know about ideXlab’s Open Innovation platform
ideXlab: a worldwide Open Innovation platform providing multiple services Using an Open Innovation platform can improve your technology intelligence and accelerate innovation within your company by offering access to the right experts and knowledge at any time. ideXlab provides as a multi-service platform the opportunity to leverage the scientific community.…
Participative Innovation: 8 Major Themes to Know
Participative innovation: a powerful lever for value creation Definition Participative innovation allows to involve different actors in the innovation of a company. It is a management technique involving the concept of collective intelligence. The idea is therefore that everyone, regardless of their hierarchical scale or status, can take part in…