The open innovation marketplace chapter 3. Open Innovation Research Resources & Best Practices. Are you ready for open innovation processes? A company’s ability to innovate is key to its success.
The strategic and systematic opening up of internal innovation processes to include external knowledge – in other words, open innovation – can result in significant competitive advantages. The term “open innovation” means involving external players in the innovation process in order to acquire information on needs or solutions. A central role is played by individuals and organizations that do not belong to the company’s familiar network (unobvious others) and that often do not have formal contractual relationships with the company but are integrated via informal, short-term network relationships. This is also the key difference between open innovation and traditional contract research or existing research and development (R&D) alliances.
There is now a whole range of open innovation methods that complement traditional innovation management methods. The complete article was written by: Read the full article. Your Web, documented · WebPlatform.org. Tom Hulme: 'Open-source your product to unlock its full potential' This article was taken from the February 2013 issue of Wired magazine.
Be the first to read Wired's articles in print before they're posted online, and get your hands on loads of additional content by subscribing online. Play-Doh was originally invented in the US as a wallpaper cleaner in the 1930s. It wasn't for another 20 years that the nephew of its inventor Noah McVicker repurposed the putty as clay for pre-schoolers and rebranded it Play-Doh. It remains popular today. No doubt kids had already played with the supposed wall-paper cleaner prior to its relaunch. Contrast this with another putty blob, Sugru, invented in 2003 by a postgraduate student at The Royal College of Art in London. The difference between the businesses is that Sugru is designed for emergence. As it becomes harder to predict how new products and services will be received by customers, we need to allow our strategies, products, brands and services to emerge based on real developing needs. LearnDoShare (LearnDoShare)
OpenIDEO - Home. S.I.A.R. - S.I.A.R. (97) Open Culture. Competitive Intelligence to drive Open Innovation Strategy. Distilled Wisdom. Defining the various types of communities - both internal and external to an organization.
As one views the rapidly evolving landscape of innovation and/or knowledge management, there are terms (some new, some old) being bantered about to describe observed phenomena. The problem is that it is natural to apply meaning to words that have similar but quite different uses. This could be construed as splitting hairs, but I think it is really important to aptly characterize the meaning of words so that we can expand mutual understanding. To that end, this blog post attempts to define the various types of community/groups that work internal and external to the conventional institutional and enterprise environment.Some types of communities/groups may be familiar to most in business and education.
For instance, terms like ‘communities of practice’, ‘crowdsourcing’, or ‘open innovation’ are all terms that have been well defined - or have they? References: Leadbeater, C., 2005. Sharma, A., 2010. Manage Implementation of Open Innovation Strategy. Intermediary Platforms Research & Development platforms Innocentive – open innovation problem solvingIdeaConnection – idea marketplace and problem solvingYet2.com – IP market placePRESANS (beta) – connect and solve R&D problemsHypios – online problem solvingInnoget – research intermediary platformOne Billion Minds – online (social) challengesNineSigma – technology problem solvingIdeaken – collaborative crowdsourcingInnovation-community.de – Community of innovators & creators.
Marketing, Design & Idea platforms Collective Intelligence & Prediction platforms Lumenogic – collective intelligence marketsUshahidi – crowdsourcing crisis informationKaggle – data mining and forecastingWe Are Hunted – the online music chartGoogle Image Labeler – crowdsourced image labeling HR & Freelancers platforms TopCoder – competition-based software crowdsourcingSpudaroo – crowdsourcing copywritingClickworker – small online task solvingAmazon Mechanical Turk – low-cost crowdsourcing.