Open Innovation

Open Innovation in Large Contracting Relationships

The International Association for Contract and Commercial Management (IACCM) is a successful organization of professionals involved with large contracts, procurement and outsourcing. If you want to know about anything to do with this area, they are the “go to” people, and are very ably led by Tim Cummins. I was delighted when Tim asked me to present at their EMEA ...

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Insider's View on Microwork and a Sample Output

As readers of this blog know, I am always interested in exploring different forms of open innovation, collaboration, and outsourcing. Personally, I have used a number of sites including 99designs.com and elance.com. I have used these for the development of logos, graphics, websites, and research. In most cases I would pay several hundred dollars for the work. An interesting trend ...

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Making Open Innovation Work

In the excitement to begin open innovation efforts, it is possible to overlook important groundwork that should be done that will help assure that things go smoothly over time. This includes reaching agreement on goals and defining the desired outcome so that everyone is confident that the relationship will produce a win/win that is acceptable to both parties. It also ...

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Open Innovation and IP – Protecting Trade Secrets

A lot has been written about Intellectual Property (IP) and Open Innovation. It’s not surprising, because it’s one of the thorniest problems facing collaborators. In a recent blog I talked about the importance of having a flexible approach to IP policy, ensuring that you can deliver the deal that is most appropriate to the partner and opportunity under consideration. Now ...

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3 Fundamental Open Innovation Questions

Here are three fundamental questions that must be answered before embarking on a journey toward open innovation: 1. What will open innovation do to your business model? In an open innovation world, you may end up working with anyone — even competitors. How will this impact your business model and alter your competitive landscape? This is perhaps less a concern ...

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Managing Open Innovation Roadblocks

I always find thoughtful lists as extremely helpful to prompt my thinking on different issues. It often helps to unblock my own thinking. This one is for open innovation. One such list I compiled from mainly two sources on roadblocks to open innovation. The main source was Dr Brian Glassman. He wrote a paper Open Innovation’s Common Issues & Potential ...

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An Open Innovation Disaster

Campbell Soup Company by Stefan Lindegaard “Innovation is the lifeblood of the consumer packaged goods industry.” This is the first sentence you meet at Campbell’s Ideas for Innovation website. This is very true and we see lots of interesting innovation initiatives in this industry. Just think of P&G, Clorox, General Mills, Nestle and Unilever. Campbell Soup is not a good ...

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Open Innovation and IP – What's your policy?

A lot has been written about Intellectual Property (IP) and Open Innovation (OI). It’s not surprising, because it’s often one of the thorniest problems facing collaborators. Recent research from the IACCM (International Association for Contract and Commercial Management) shows that IP is the fourth most commonly negotiated term in contracts; yet it doesn’t reach the top ten of terms leading ...

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Open Innovation Examples in B2B and Hi-Tech

I was recently asked for examples on high-tech companies that practice open innovation. It is a good question as we most often see open innovation examples among low-tech and fast-moving-consumer-good companies. Nevertheless, open innovation is relevant for all industries and we are starting to see high-tech and B2B companies with open innovation-like initiatives that are visible to the public eye. ...

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