This presentation provides an overview of the elements that comprise the entrepreneurial ecosystem and shares the best practices for new product development. It also provides measures that can be used to evaluate the effectiveness of the entrepreneurial ecosystem and proposes a world class solution that can be used to increase the success rate of entrepreneurial ventures.
Types of Inventions; Difference between invention and innovation; Types of innovation; Innovation process vs Process innovation; Linear innovation models.. Technology push model, Market pull model; Flexible innovation process models
This presentation provides an overview of the elements that comprise the entrepreneurial ecosystem and shares the best practices for new product development. It also provides measures that can be used to evaluate the effectiveness of the entrepreneurial ecosystem and proposes a world class solution that can be used to increase the success rate of entrepreneurial ventures.
Types of Inventions; Difference between invention and innovation; Types of innovation; Innovation process vs Process innovation; Linear innovation models.. Technology push model, Market pull model; Flexible innovation process models
Open Innovation: An Introduction and Overview (Chalmers)Marcel Bogers
Presentation on "Open Innovation: An Introduction and Overview"
Part of seminar on “Open innovation - managing innovation across organizational boundaries” at Chalmers University of Technology, organization by the Managing-In-Between (MIB) research group at the Management of Organizational Renewal and Entrepreneurship (MORE) division at the Department of Technology Management and Economics (TME).
Description:
What does open innovation really mean? How does it change how we think about innovation processes? What are the managerial and organizational implications? Join us in this seminar to explore these questions with researchers and practitioners active in the field!
About the seminar:
The Managing-In-Between research group at the Department of Technology Management and Economics invites you to an inspiring seminar around open innovation, a topic that has gained increasing interest among researchers and practitioners. This seminar will highlight how the concept of open innovation has evolved, what it actually means, and outline where the research frontier is.
The seminar will feature presentations from one of the prominent researchers in the field of open innovation, Associate Professor Marcel Bogers, University of Southern Denmark as well as researchers from the Managing-In-Between research group at Chalmers, led by Associate Professor Susanne Ollila.
After the initial presentations, we would like to invite the audience to participate in a discussion around the organizational and managerial implications of open innovation for practice. This could be especially interesting to discuss in the Chalmers context where several efforts have been made to increase collaboration and innovation across organizational boundaries, but we still need to further our knowledge of how to support and manage such initiatives.
Source: http://www.chalmers.se/en/departments/tme/calendar/Pages/Open-innovation-seminar.aspx
Innovation is the glue between invention and investment, and transforms ideas into businesses. The process of innovation shapes your idea into something people will value and ultimately purchase.
The innovation process cycles through 4 key steps:
1) Ideas and Solutions
2) Business propositions
3) Business feasibility
4) Business planning
Presentation covers Nature of Innovation , Technological and Network Innovations , Design of Successful Innovative Organisation, Training and Management of Innovation ,Agents of Innovation
This talk was delivered on 15th September (Engineers Day) at BML Munjal University. It covers differences between invention, innovation, entrepreneurship, and startup. It discussed innovation landscape, types of innovation, and three important types of innovation in today's world. Innovator's method and innovators skills are also provided.
In Entrepreneurship section, who are entrepreneurs, types of entrepreneurs, entrepreneurial mindset and effectual thinking are discussed. Future of organization is discussed briefly along with why its necessary to learn entrepreneurship. Idea to launch (#flow_with_ramesh), why startup fails (#flow_with_ramesh), are you a startup kid? (#flow_with_ramesh) And challenges of entrepreneurship are discussed. In the end, what three interesting things you can do from learning, mentors, and work is discussed. Lastly, I describe my experiences with innovation and entrepreneurship is discussed.
7 Steps for Open Innovation by @Lindegaard: Grading Your Company’s Open Innov...Stefan Lindegaard
Here you can check out my PowerPoint deck for my new concept:
7 Steps for Open Innovation: Grading Your Company’s Open Innovation Capabilities
The premise is that if your company is not already fully engaged with open innovation efforts, it is way behind. This is evident by looking at the number of companies around the globe that today embrace the use of external partners and input into their innovation efforts.
But even though companies continuously launch new initiatives designed to help them leverage the power of outside knowledge and resources to drive innovation forward, there is a sense within these companies that they can do better and take this new innovation paradigm to an even higher level.
They are also eager to get external perspective to make sure they are maximizing results by using best practices in all aspects of their open innovation efforts.
To help companies with this evaluation, I have developed a seven-step assessment tool that helps them evaluate these key areas:
1. Common Language and Understanding, Motivation, Mandate and Strategic Purpose
2. Assets and Needs
3. Value Pools and Channels
4. Internal Readiness
5. External Readiness
6. New Skills and Mindset
7. Communications Strategy
This assessment tool will help companies identify where they may be falling short in any of these key areas as well as provide ideas and insights on how to make the necessary improvements that will give more power to their open innovation efforts.
This is still work in progress, but you can get an idea of what this is about by checking out my presentation here
It would be great to hear your early feedback on the content itself as well as your thoughts on what I should do with the concept itself. Maybe it would be more valuable for the open innovation community as some kind of an open source project? What do you think?
The Innovation Process is the structure that ensures your innovation team has novel ideas and the ability to successfully implement them. With the innovation process, you have a strategy that compels you to drag it all the way to the finish.
To know more details, visit us at : https://mitidinnovation.com/recreation/what-is-the-innovation-process-importance-steps-types-and-examples/
Open Innovation: An Introduction and Overview (Chalmers)Marcel Bogers
Presentation on "Open Innovation: An Introduction and Overview"
Part of seminar on “Open innovation - managing innovation across organizational boundaries” at Chalmers University of Technology, organization by the Managing-In-Between (MIB) research group at the Management of Organizational Renewal and Entrepreneurship (MORE) division at the Department of Technology Management and Economics (TME).
Description:
What does open innovation really mean? How does it change how we think about innovation processes? What are the managerial and organizational implications? Join us in this seminar to explore these questions with researchers and practitioners active in the field!
About the seminar:
The Managing-In-Between research group at the Department of Technology Management and Economics invites you to an inspiring seminar around open innovation, a topic that has gained increasing interest among researchers and practitioners. This seminar will highlight how the concept of open innovation has evolved, what it actually means, and outline where the research frontier is.
The seminar will feature presentations from one of the prominent researchers in the field of open innovation, Associate Professor Marcel Bogers, University of Southern Denmark as well as researchers from the Managing-In-Between research group at Chalmers, led by Associate Professor Susanne Ollila.
After the initial presentations, we would like to invite the audience to participate in a discussion around the organizational and managerial implications of open innovation for practice. This could be especially interesting to discuss in the Chalmers context where several efforts have been made to increase collaboration and innovation across organizational boundaries, but we still need to further our knowledge of how to support and manage such initiatives.
Source: http://www.chalmers.se/en/departments/tme/calendar/Pages/Open-innovation-seminar.aspx
Innovation is the glue between invention and investment, and transforms ideas into businesses. The process of innovation shapes your idea into something people will value and ultimately purchase.
The innovation process cycles through 4 key steps:
1) Ideas and Solutions
2) Business propositions
3) Business feasibility
4) Business planning
Presentation covers Nature of Innovation , Technological and Network Innovations , Design of Successful Innovative Organisation, Training and Management of Innovation ,Agents of Innovation
This talk was delivered on 15th September (Engineers Day) at BML Munjal University. It covers differences between invention, innovation, entrepreneurship, and startup. It discussed innovation landscape, types of innovation, and three important types of innovation in today's world. Innovator's method and innovators skills are also provided.
In Entrepreneurship section, who are entrepreneurs, types of entrepreneurs, entrepreneurial mindset and effectual thinking are discussed. Future of organization is discussed briefly along with why its necessary to learn entrepreneurship. Idea to launch (#flow_with_ramesh), why startup fails (#flow_with_ramesh), are you a startup kid? (#flow_with_ramesh) And challenges of entrepreneurship are discussed. In the end, what three interesting things you can do from learning, mentors, and work is discussed. Lastly, I describe my experiences with innovation and entrepreneurship is discussed.
7 Steps for Open Innovation by @Lindegaard: Grading Your Company’s Open Innov...Stefan Lindegaard
Here you can check out my PowerPoint deck for my new concept:
7 Steps for Open Innovation: Grading Your Company’s Open Innovation Capabilities
The premise is that if your company is not already fully engaged with open innovation efforts, it is way behind. This is evident by looking at the number of companies around the globe that today embrace the use of external partners and input into their innovation efforts.
But even though companies continuously launch new initiatives designed to help them leverage the power of outside knowledge and resources to drive innovation forward, there is a sense within these companies that they can do better and take this new innovation paradigm to an even higher level.
They are also eager to get external perspective to make sure they are maximizing results by using best practices in all aspects of their open innovation efforts.
To help companies with this evaluation, I have developed a seven-step assessment tool that helps them evaluate these key areas:
1. Common Language and Understanding, Motivation, Mandate and Strategic Purpose
2. Assets and Needs
3. Value Pools and Channels
4. Internal Readiness
5. External Readiness
6. New Skills and Mindset
7. Communications Strategy
This assessment tool will help companies identify where they may be falling short in any of these key areas as well as provide ideas and insights on how to make the necessary improvements that will give more power to their open innovation efforts.
This is still work in progress, but you can get an idea of what this is about by checking out my presentation here
It would be great to hear your early feedback on the content itself as well as your thoughts on what I should do with the concept itself. Maybe it would be more valuable for the open innovation community as some kind of an open source project? What do you think?
The Innovation Process is the structure that ensures your innovation team has novel ideas and the ability to successfully implement them. With the innovation process, you have a strategy that compels you to drag it all the way to the finish.
To know more details, visit us at : https://mitidinnovation.com/recreation/what-is-the-innovation-process-importance-steps-types-and-examples/
Social Innovation & Open Innovation - Coaching Material for Social Entrepreneursikosom GmbH
Definition of Social Innovation, Open Innovation and Co-Design in Social Business contexts. This slide is part of the project "CE-RESPONSIBLE " by Interreg Central Europe. Hear the presentation at www.net4socialimpact.eu
Corporate culture can be defined as the values, norms, attitudes and behavior patterns, that are shared within an organization [Herzog, 2011]. Corporate culture can be seen as the personality of a company that influences people's behavior within the organization, regardless of size and field of action
Conducting an Innovation Workshops is an effective approach to encourage the staff to be more creative.
To know more details, visit us at : https://mitidinnovation.com/recreation/the-significance-of-innovation-workshops-for-your-organisation/
The Impact of Leadership on Creativity and Innovationinventionjournals
This article aims to identify the role of leadership in influencing creativity management and innovation management in the organization. From this point, this study tries to drive the thinking of economic companies that taking benefits from creativity and innovation requires their good management inside the company. For that the companies needs to focus on good leadership. Therefore, we are trying through this intervention to clarify the impacts of leadership on creativity and the innovation in the organization. In addition, among the most important results reached in this intervention, is that the meaning of creativity is the tendency to generate or recognize ideas, alternatives, or possibilities, and innovation is turning these new and imaginative ideas into reality to help organizations in achieving its goals. To develop creativity, the organization must have a flexible structure that ensures a good culture that the leader could provide the right climate to his employees, inspire them, and motivate them, so they could have the ability to generate artful ideas. Moreover, to apply innovation, the organization must have the culture that accept change and put leaders that could make employees feel the necessity to innovate and to do more initiatives in order to achieve organization’s goals
Iterating an Innovation Model: Challenges and Opportunities in Adapting Accel...juliahaines
Startup accelerators have expanded worldwide in recent years, fostering the development of technology startups and spreading Lean practices and Silicon Valley values to all corners of the globe. These accelerators clearly create value—for the teams whose development they foster, the products they create, and the larger ecosystems they build. But there are also a number of challenges arising from the model and how it is implemented in different contexts globally. Through fieldwork at accelerators in Singapore and Buenos Aires, I investigate the global expansion of this innovation model. In this paper, I discuss the most salient challenges and discuss potential opportunities emerging from these challenges, and how other methods and practices such as design thinking, intensive user research and flexible, bottom up-approaches can add value to the accelerator process. I also highlight mutually beneficial ways the EPIC community can become more involved in startups ecosystems.
This is a paper published in the proceedings of the 2014 Ethnographic Praxis in Industry Conference (EPIC).
Creativity is typically used to refer to the act of producing new ideas, approaches or actions. Whereas innovation is the process of both generating and applying such creative ideas in some specific context.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
1. DEF INITION & CL ASSIF ICATION OF
INNOVATION
D i s c u s s a n t :
M I C H E L L E A . G A L A M G A M
P r o f e s s o r :
D R . R O S A N N A G O N Z A L E S
PhDDS317 – Development and Management of Innovative Programs
EL EMENTS OF INNOVATIVE PROG RAM
2. • define innovation
• identify the classification of innovation
• identify the elements of innovative program
• understand the importance of these elements to
innovation
• identify the barriers in collaboration and ideation in
innovation
3. What is an ?
“Innovation is the economic impact of technological chance, as
the use of new combinations of existing productive forces to
solve the problems of business” (Schumpeter, 1982)
“Innovation consists of the generation of a new idea and its implementation
into a new product, process or service, leading to the dynamic growth of
the national economy and the increase of employment as well as to a
creation of pure profit for the innovative business enterprise” (Urabe, 1988)
4. What is an ?
“Innovation is the result of scientific work aimed at improving
the social activities and intended for the implementation of
social production” (Siauliai, 2013)
“Innovation is a process that combines science, technology,
economics and management” (Twiss, 1989)
“Innovation is a new knowledge incorporated in products,
processes, and services” (Afuah, 1998)
5. What is an ?
It is an idea, practice or object that is perceived as
new by an individual or other unit of adoption
I n v e n t i o n + C o m m e r c i a l i z a t i o n
6. What is
desirable to
users?
What is
viable in the
marketplace?
What is
possible with
technology?
INNOVATION
INNOVATION = desirable + possible + viable
11. Collaboration
• is a process which brings
organizations together over
a shared question, creating
the space to explore how
thinking of people
differently and involving
them fully, can strengthen
organizations and indeed
sectors as a whole. Collaborative Innovation
13. 7 Reasons why Collaboration is Important
In general:
1. It helps us problem-solve
2. Brings people and organizations closer together
3. Helps people learn from each other
4. It opens up new channels for communication
5. Boosts morale across your organization
6. It leads to higher retention rates
7. Makes us more efficient workers
14. Why is COLLABORATION important in Innovation?
1. Associations
2. Speed
3. Connections
4. Energy
5. Implementation
15. Collaborative process
is more than working
together.
It means the ability to think together and to act on complex projects.
Thinking together is open innovation.
16. Strategic doing means:
1. Listen and explore – What
can we do together?
2. Learn and adjust – How
will we learn together?
3. Focus and align – What
should we do together?
4. Link and leverage – What
will we do together?
17. E X A M P L E S O F O P E N I N N O VAT I O N
W h a t c a n w e L e a r n f r o m t h e m ?
Samsung - Diverse types of
collaboration
• The four categories are even
described as being the "four legs of
the open innovation activities" at
Samsung.
The 4 categories of collaboration:
• Partnerships
• Ventures
• Accelerators
• Acquisitions
18. E X A M P L E S O F O P E N I N N O VAT I O N
W h a t c a n w e L e a r n f r o m t h e m ?
Facebook – Using Hackathons to generate fresh ideas
• The idea of these hackathons is that the employees generate new
ideas and innovations and make initial versions of them.
19. E X A M P L E S O F O P E N I N N O VAT I O N
W h a t c a n w e L e a r n f r o m t h e m ?
GE – Connecting with young talents
• GE is famous for their open innovation challenges and initiatives
The prizes for these challenges are very appealing for young
professionals and students and include:
• Scholarships
• Monetary awards
• Chances to work with GE on the project in question
• Paid internships
20. E X A M P L E S O F O P E N I N N O VAT I O N
W h a t c a n w e L e a r n f r o m t h e m ?
Philips – The High Technology
Campus
• Philips has a wide range of open
innovation activities. It has the platform,
the challenges and it activates its own
employees to think openly.
• Philips also established its own open
innovation campus at Eindhoven in
2003. The High Tech Campus is open
for a variety of companies to work in. It
offers them tools to help accelerate
their business and research projects.
21. E X A M P L E S O F O P E N I N N O VAT I O N
W h a t c a n w e L e a r n f r o m t h e m ?
Apple – Value creation through open platforms
• Apple is a typical example of a company that is very closed and
secretive of its R&D, so what is it doing on this list?
• Despite the closedness of Apple, they still use open innovation on
their own terms when they think open innovation is suitable.
24. Ideation
• is a term that describes the
process in which new ideas
are created.
• this process begins with the
search for inspiration and
the generation of initial
ideas and ends with ideas
elaborated in detail. IDEATION
26. Successful IDEATION is
based on Creativity and
Strategy
Creativity is only a valuable resource in the ideation process if it is
successfully directed and if it serves to better achieve strategic goals.
27. Styles of IDEATION
• Problem solutions: This straightforward method is where an
individual identifies a problem that they subsequently solve.
• Derivative ideas: This involves making improvements to an
existing idea.
• Symbiotic ideas: This is a collision of several incomplete ideas
that combine to create a fully-baked, holistic idea.
28. Barriers to IDEATION
• hostile environment
• vague goals
• closed-minded individuals
• Groupthink
• people-pleasers
• ego
• inexperienced teams
• inability to think out of the box
• pessimism.
29. Conclusions
• Innovation can bring benefit for all the economy activity, with
implementing projects; produce the products with the new quality
and help to reduce costs of production circle. Also innovations can
catalyze the processes and save time.
• The past has brought us where we are today, continuing on the
same road will bring nothing new. Innovation through Collaboration
can bring new results
• Ideation is the creative process of generating new ideas, which can
be accomplished through a variety of ideation techniques, such as
brainstorming and prototyping. If done right, ideation is what helps
founders and executives determine the right problem to solve and
how to solve it.
30. ASSESSMENT:
1. Describe the elements of innovation present in your
organization
2. Give an example of an application of open innovation in
your respective organization. Enumerate and further
explain the categories of collaboration embedded in its
open innovation activities.
32. References:
• (PDF) The definition and classification of innovation (researchgate.net)
https://www.researchgate.net/publication/318180953_The_definition_and_classification_of_innovation
• https://www.stlouisfed.org/publications/bridges/summer-2009/the-four-key-elements-of-innovation-collaboration-ideation-
implementation-and-value-creation#:~:text=Summer%202009-
,The%20Four%20Key%20Elements%20of%20Innovation%3A%20Collaboration,Ideation%2C%20Implementation%20and%20
Value%20Creation&text=Innovation%20requires%20collaboration%2C%20ideation%2C%20implementation,these%20element
s%20during%20breakout%20sessions.
• https://medium.com/new-citizenship-project/what-do-we-mean-by-collaborative-innovation-20ac137b214b
• https://www.planbox.com/3-reasons-why-innovation-is-important/
• https://blog.jostle.me/blog/why-collaboration-is-important
• https://www.freshconsulting.com/5-reasons-why-collaboration-contributes-to-innovation/
• https://www.viima.com/blog/16-examples-of-open-innovation-what-can-we-learn-from-them
• https://blog.capterra.com/project-collaboration-challenges-and-solutions/
• https://innolytics-innovation.com/what-is-
ideation/#:~:text=The%20term%20ideation%20describes%20the,idea%20management%20and%20innovation%20manageme
nt.nstitutecourseforhumanity/course/ideation.html
• https://www.oiedu.co.uk/otermansinstitutecourseforhumanity/course/ideation.html
• https://www.investopedia.com/terms/i/ideation.asp
• https://medium.com/new-citizenship-project/what-do-we-mean-by-collaborative-innovation-20ac137b214b
CREDITS to the owner of all the images/gif used in this PowerPoint presentation
and to other sources used not mentioned above.
NOTE: this presentation was used for class discussion only.
It is a use of new knowledge to offer a new product or service that customers want. Thus it is invention + commercialization.
Innovation is the search for and the discovery, developed, improvement, adoption and commercialization of new processes, new products and new organization structures and procedures.
Is the implementation of a new or significantly improved product (good or service) or process, a new marketing method, or a new organizational method in business practices, workplace organization or external relations.
Innovation requires collaboration, ideation, implementation and value creation.
SOURCES:
Collaboration means to work together (relationships) toward (process) something in common (outcomes).
3 Common Project Collaboration Challenges and How to Avoid Them
Avoid these project collaboration pitfalls to improve not just team effectiveness but client satisfaction as well.
