Tag Archives: Open Innovation

Leveraging Your Talent for Innovation

The world is now entering the third wave of digital innovation, leveling up out of the internet & connectivity era into what the World Economic Forum is calling the “Fourth Industrial Revolution”. Since digital innovation began back in the 1980’s with the first wave – the era of personal computing – Australia, & other countries too, with some pockets of ...

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How Universities Support Recombinative Innovation

The importance of recombination is something I’ve touched upon numerous times over the years.  Indeed, research suggests that innovations today are much more likely to apply an existing innovation in new ways than to invent something truly unique. The study highlights that 40% of all patents submitted throughout the history of the USPTO are refinements of existing works.  What is ...

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The State of Open Innovation Today

Last summer I wrote about an interesting report exploring the extent of open innovation around Europe.  The study, conducted by the European Academic Network for Open Innovation, showed the growth in open innovation, with the majority of organizations practising it in some form or other.  This was helping companies to bring new, more novel products to market faster and more ...

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Mobilizing People’s Creative Energy

What if there is a way to create coherence, align people’s hearts & minds as well as build an environment that generates learning & results in organizational re-organisation & transformation? At ImagineNation™ we know that this can be done by transforming people’s cognitive dissonance into the vibrant & creative energy that makes innovation happen. Just think about how much easier ...

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Accompanying European SMEs on their Open Innovation Journeys

Within INSPIRE (standing for Integrated Support of oPen Innovation pRofessionalization initiative), a Coordination and Support Action funded by the European Commission under H2020, we have investigated in depth Open Innovation (0I) practices in SMEs across Europe with a view to distilling lessons about how to improve the supply chain and deploy a dedicated support package. Starting from 300+ OI good ...

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How To Get The Most Out Of Crowdsourcing

Over the years I’ve written numerous times about not only the growth in crowdsourcing and other methods of open innovation, but the various studies seeking to understand how we can do so effectively.  It probably reached peak popularity a few years ago, when numerous studies emerged looking at everything from Innocentive style challenges to GalaxyZoo style citizen science projects. The ...

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The Art of Creative Conversations

We all know that you can’t innovate if you don’t collaborate, yet how do we make the time to have the creative and candid conversations that true collaboration and innovation requires? Conflicting priorities and ever-present digital media distractions constantly compete for our attention. Even when we manage to get everyone in the same room, or on the same line, it ...

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Scaling Up Startups in Corporate Settings

In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are collaborating. The mutual – actually complementary – benefits seem pretty obvious: Benefits for startups include availability of office space, hardware, networks, support and potential funding access to market and customer base ...

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Flipping the Script on Innovation

“If the Door is Shut, Open it. If the Door is Open, Shut it.” Change of State Innovation In looking for innovations it is sometimes helpful to consider whether your product or service is open or closed.  If it is open what would happen if you enclosed it?  If it is closed what would happen if you opened it?  The ...

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