Open Innovation

Building Corporate Innovation Capability

Great Initiative from Statkraft by Stefan Lindegaard I have been invited to work with Statkraft, Europe’s largest renewable energy company on their Innovation Agent Programme. This is the second year, I am involved in this programme and I am quite impressed by their efforts. A key goal of the programme is to increase Statkraft’s innovation capability. This is partly measured ...

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Are You Smarter than a PhD?

“Are You Smarter Than A 5th Grader?” is an entertaining show. In the world of innovation, the biggest question is, “Are you smarter than a PhD?” Here’s what I mean… In Personality Poker we address four primary innovation styles. The spades are the ones who are, as we would say in Boston, “wicked smaht.” We find that spades are analytical, ...

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Open Innovation and IP Protection Can Work Together

“If you do it right…” by John Steen I’ve just finished reading a nice article on IP strategy and open innovation that was published in the MIT Sloan Management Review last year. It’s worth reading because the authors, Oliver Alexy, Paula Criscuolo and Ammon Salter have been doing research in this area for a while and now have a good ...

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Book Review and Innovation Summary – "The Open Innovation Revolution"

A few weeks ago I received “The Open Innovation Revolution” by Stefan Lindegaard in the mail. “The Open Innovation Revolution” is an approachable 200 pages, and is an easy, and pleasant read. Stefan Lindegaard is contributor to Blogging Innovation and is a speaker, network facilitator and strategic advisor who focuses on the topics of open innovation, intrapreneurship and how to ...

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Co-creation Springs From a Sense of Common Purpose

Too often the question of value extraction/retention is a dominant concern for all parties at too early a stage. For the sake of argument, let’s consider a supplier who has to develop a critical component for a customer who will integrate it in the design of a new finished product. The development process has not yet started that the customer ...

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Apple – The Open Innovation Exception

Ben Verleg recently asked about my views on Apple and innovation. The short version is that I am big fan of Apple products and if you can make such great products, you obviously also do well with regards to innovation. One thing I really like about Apple is that they seem to understand that innovation goes beyond the product itself. ...

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P&G and the Future of (Open) Innovation

In this post, I am pleased to be able to share some insights on what Chris Thoen, Managing Director of Open Innovation at P&G believes will drive and/or impact the future of (open) innovation. Developing regions: There will be a tremendous amount of innovation in and from developing regions which is driven by population as well as capability growth in ...

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Crowdsourcing Moves Beyond Open Innovation

Point: Crowdsourcing is maturing beyond its amateur-content and open innovation origins toward core business processes. Story: In the beginning, companies used crowdsourcing as part of their open innovation efforts to get new ideas from lead users, customers, and the world at large. But now, entrepreneurial companies such as Trada and CloudCrowd are moving beyond one-off design efforts and contests (e.g., ...

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Response – Should BP crowdsource potential solutions for the Gulf oil spill?

Hutch Carpenter asks on Blogging Innovation: Should BP crowdsource potential solutions for the Gulf oil spill? Crowdsourcing has indeed proven its value time and again. In We Think Charles Leadbeater demonstrates its power to harness the collective brains of people across the globe to design strategies to solve problems more effectively and rapidly than formal organization could ever do. In ...

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