A Novel Approach for Open Innovation Platforms : Multistep Dynamic Expert Sourcing : Introduction. Open Innovation is necessary Resources in the traditional ecosystem of a company appear to be insufficient for many industrial or business needs. Open Innovation is the paradigm according to which companies need to use external ideas, knowledge & technologies to advance their businessi. In particular, Open Innovation allows accelerating innovation by using most relevant external expertise and maximizes cross-fertilization between industries and between disciplines.
There is a need for intermediaries In the context of Open Innovation, there is an increasing need of intermediaries to facilitate the connection between companies and external resources. Various types of intermediaries exist. (i) Traditional intermediaries, such as Technology Transfer Offices, clusters, boundary agentsetc., are not web-based[1] and have been around for decades.
Open Innovation Platforms: what’s wrong? Upcoming articles [1] Web-based: rely on technologies of the World Wide Web. Open Your Innovation - just another blog about Open Innovation by PRESANS. 15inno by Stefan Lindegaard. Open Innovation and Regional Economic Development. Hypothesis: If Pittsburgh knew what Pittsburgh knew, it would be unstoppable. The amount of research and development talent in Western Pennsylvania -- in universities, government-sponsored research enterprises, and corporate R&D facilities, not to mention small labs, garages, and studios -- is extraordinary. There are an awful lot of great people in town doing an awful lot of great, innovative work. But too often, they don't know each other, and for want of collaboration, great innovations go undeveloped or are underdeveloped. Innovator #1 and Innovator #2 may each have a critical piece of an innovation marriage made in heaven -- but those two people may occupy different innovation spaces altogether.
They may never meet, let alone discover that their ideas overlap in potentially productive ways. Can the idea of Open Innovation help solve some of this complex coordination problem? There are some modest examples of related things already in place. So: How might Pittsburgh improve on this? Blog - collaborate to innovate: ECONOMICS of open innovation. What ROI at what RISK? – every investor’s top question! With respect to open innovation, the same question gets rephrased as below … a) What is the cost of doing ‘open innovation’ vis-à-vis strictly ‘in-house innovation’? B) Opening up for innovation is new for me, and new things carry more risk, can I predict my return-on-investment? C) How can I have a control over people not on my payroll? Will I loose money? D) We already have an internal R&D, will opening up be an additional cost? So how are the various aspects of collaborative innovation fair when it comes to the all important, COST?
COST FACTOR 1: By far the most favorable advantage open innovation carries is ‘Pay for real outcome not for trial and error.’ This is a huge cost saving, and a simple logic. A must ask question is “Then who pays for the effort which does not yield desired results”? COST FACTOR 2: Benefit from what is yours, in-house. Search Results Innovation. Your Brain on Innovation To kindle new ideas takes circles of trust. Teams that consciously cultivate trust, open spaces for new ideas. The iPod’s inception, for instance, started with an innovative idea that Steve Jobs’ team kindled into revolutionized communication. Similarly, Fast Company’s awesome design moments unveiled original ideas that emerged from committed teams.
Passionate communities, such as Apple and Fast Company, differ mentally from typical workplaces, just as brains of genius inventors vary from minds of complacent masses. How so? Boost Innovation by Mindguiding Tout a mentor’s role, while novice talents are mostly ignored and you’ll foster tired traditions that prevent new advances where you work. If your organization supports mentoring, you’d be interested to know it can literally defeat advantages you hoped for, such as community building or new advances people run with. Infighting to Innovation – with Mindguiding Dec 13th, 2011 Comments Kill or Propel Innovation. OpenInvo: unexpected innovation. unexpected opportunity. Innovation Excellence. Blogging Innovation.