Ideon Science Park in Lund, Sweden is a leader in open innovation. It is home to 450 companies and 10,000 employees working alongside 48,000 university students. The park was established in 1983 to create knowledge-based jobs and has become a magnet for innovators. It hosts major companies like Ericsson and was the birthplace of Bluetooth technology. Ideon promotes open innovation through collaborations between businesses, academia, and the public sector. It connects problems companies face to experts in its network to generate new solutions and products through processes like challenges, workshops, and pilot projects. Ideon Open has helped launch new startups and products for companies like INWIDO, increasing revenues by 600 million euros.
Ideon Science's Park approach to network-based innovationIdeon Open
Here's our approach to open sales process and open innovation examples.
1. Inspire
2. Identify challenges
3. Suggest open process
4. Guide, coach, or lead in open innovation
*Exposições de Walter Bender, diretor executivo do Media Lab MIT, e David
Cavallo, pesquisador do Media Lab e diretor do grupo de investigação sobre o
"Futuro do Aprendizado" -- Instituto Fernando Henrique Cardoso, 01/06/2005,
NAE, 07/06/2005*
The document establishes that a new nature of innovation is emerging, driven by four key factors:
1) Co-creating value with customers and tapping user knowledge, 2) Global knowledge sourcing and collaborative networks, 3) Addressing global challenges, and 4) Responding to public sector challenges. It argues that innovation is no longer just technology-driven, but also user-driven, with companies needing to open up, collaborate, and take on more social responsibility. This represents a shift from traditional "firm-centric" innovation to a more personalized, collaborative model. The document then outlines nine principles of this new nature of innovation and provides business cases as examples. It concludes that while technology will still be important, user needs will
This document provides an introduction to innovation management. It defines innovation as the commercial application of new products, processes or services. The key points are:
- Innovation involves exploration, exploitation and diffusion of new ideas. There are three main forms: product, service and process innovation.
- Technological paradigms and long wave cycles influence patterns of innovation. Disruptive innovations create new markets through simpler designs.
- Innovations can be incremental, architectural, modular or radical depending on their novelty and impact on core design concepts and system architecture.
- Factors like scientific paradigms, technology development and disruptive technologies shape innovation opportunities over time. Companies adopt innovations through various mechanisms.
Innovation is important for CEOs to manage as it impacts revenue and margins. There are several key aspects to managing innovation:
1) Understanding where innovation comes from both internally such as R&D, marketing, and externally from customers and partners.
2) Developing a portfolio approach to balance innovative, higher risk projects with more incremental opportunities.
3) Using stage gate reviews to evaluate projects at key stages, make go/no-go decisions, and ensure resources are allocated efficiently.
Barriers of applying gained knowledge of training programs in organizationsJamil AlKhatib
The document discusses barriers to knowledge adoption and utilization in organizations. It identifies several common barriers, including not knowing about available knowledge resources, not having the ability to implement new knowledge, unwillingness to change, and lack of permission due to organizational policies. Case studies are presented that show how these barriers can be addressed by better understanding training needs, providing enabling resources, communicating value, and changing policies to support knowledge adoption. The conclusion emphasizes the importance of developing training programs collaboratively to overcome utilization barriers and creating an enabling environment for knowledge to be applied.
Ideon Science Park in Lund, Sweden is a leader in open innovation. It is home to 450 companies and 10,000 employees working alongside 48,000 university students. The park was established in 1983 to create knowledge-based jobs and has become a magnet for innovators. It hosts major companies like Ericsson and was the birthplace of Bluetooth technology. Ideon promotes open innovation through collaborations between businesses, academia, and the public sector. It connects problems companies face to experts in its network to generate new solutions and products through processes like challenges, workshops, and pilot projects. Ideon Open has helped launch new startups and products for companies like INWIDO, increasing revenues by 600 million euros.
Ideon Science's Park approach to network-based innovationIdeon Open
Here's our approach to open sales process and open innovation examples.
1. Inspire
2. Identify challenges
3. Suggest open process
4. Guide, coach, or lead in open innovation
*Exposições de Walter Bender, diretor executivo do Media Lab MIT, e David
Cavallo, pesquisador do Media Lab e diretor do grupo de investigação sobre o
"Futuro do Aprendizado" -- Instituto Fernando Henrique Cardoso, 01/06/2005,
NAE, 07/06/2005*
The document establishes that a new nature of innovation is emerging, driven by four key factors:
1) Co-creating value with customers and tapping user knowledge, 2) Global knowledge sourcing and collaborative networks, 3) Addressing global challenges, and 4) Responding to public sector challenges. It argues that innovation is no longer just technology-driven, but also user-driven, with companies needing to open up, collaborate, and take on more social responsibility. This represents a shift from traditional "firm-centric" innovation to a more personalized, collaborative model. The document then outlines nine principles of this new nature of innovation and provides business cases as examples. It concludes that while technology will still be important, user needs will
This document provides an introduction to innovation management. It defines innovation as the commercial application of new products, processes or services. The key points are:
- Innovation involves exploration, exploitation and diffusion of new ideas. There are three main forms: product, service and process innovation.
- Technological paradigms and long wave cycles influence patterns of innovation. Disruptive innovations create new markets through simpler designs.
- Innovations can be incremental, architectural, modular or radical depending on their novelty and impact on core design concepts and system architecture.
- Factors like scientific paradigms, technology development and disruptive technologies shape innovation opportunities over time. Companies adopt innovations through various mechanisms.
Innovation is important for CEOs to manage as it impacts revenue and margins. There are several key aspects to managing innovation:
1) Understanding where innovation comes from both internally such as R&D, marketing, and externally from customers and partners.
2) Developing a portfolio approach to balance innovative, higher risk projects with more incremental opportunities.
3) Using stage gate reviews to evaluate projects at key stages, make go/no-go decisions, and ensure resources are allocated efficiently.
Barriers of applying gained knowledge of training programs in organizationsJamil AlKhatib
The document discusses barriers to knowledge adoption and utilization in organizations. It identifies several common barriers, including not knowing about available knowledge resources, not having the ability to implement new knowledge, unwillingness to change, and lack of permission due to organizational policies. Case studies are presented that show how these barriers can be addressed by better understanding training needs, providing enabling resources, communicating value, and changing policies to support knowledge adoption. The conclusion emphasizes the importance of developing training programs collaboratively to overcome utilization barriers and creating an enabling environment for knowledge to be applied.
define of creativity ,define of innovation ,types of innovation ,processes of innovation , source of innovation .importance of innovation ,risk involved in innovation
Transformering av forskningsresultat och kunskap till affärer, Andrzej Brud, ...Sigma IT Management
6. TRANSFORMERING AV FORSKNINGSRESULTAT OCH KUNSKAP TILL AFFÄRER - Arvidsvik
Andrzej Brud, VD Chalmers Innovation
Chalmers Innovation har sedan 1999 arbetat med transformering av teknikbaserade idéer till innovationer och affärer. Hur tar man helt nya och tekniska oprövade idéer till nya produkter i nya marknadssegment? Andrzej kommer att berätta om erfarenheter från Chalmers Innovation och nya utmaningar och möjligheter i kommersialiserings-processer. Lean-startup metodik.
Crowdsourcing - IPU user driven innovation dayTom Howard
The document discusses crowdsourcing and lead users in product development. It defines crowdsourcing and describes its uses, including crowd funding, crowd labor, crowd innovation, distributed knowledge, and crowd creativity. Crowdsourcing can be used for tasks like debugging, advertising, proofreading, and surveys. It also discusses using crowdsourcing for innovation, aesthetics, and branding. The document advocates building the crowd into products and challenges the reader to find internal projects that could utilize crowdsourcing with a small budget.
This document discusses a pan-European study on critical success factors for eco-innovation conducted by Verhaert, an innovation consulting firm, for the OECD. It defines eco-innovation and outlines the study's goals of exploring radical and systemic innovations to accelerate Europe's transition to more sustainable industries and meet environmental targets. Insights from the study highlight key success factors like forming alliances between firms and stakeholders, challenging existing business models, reinforcing customer behavior through marketing, and having dedicated leadership to drive big changes.
Innovation & Entrepreneurship Center at GJUJamil AlKhatib
This document outlines the innovation and entrepreneurship center at GJU, including its establishment in 2005 and expanded support starting in 2009. It discusses the center's objectives to serve as a platform connecting innovators, industry, and the university community to facilitate research commercialization. The center focuses on sectors like cleantech, IT, engineering, and life sciences. It also proposes strengthening industry links through activities such as spin-offs, proof of concept testing, and tech transfer to support graduates in becoming employees, academics, or entrepreneurs through responsible innovation.
The Role of Public Innovation and the Impact of Technology on Employment - Re...Textkernel
Pôle emploi is France's public employment agency. It has made innovation a priority in its strategic plans to improve services and enhance skills. Pôle emploi uses an open innovation approach involving employees, startups, companies and other organizations. It has multiple programs and platforms to generate, develop, test and implement new ideas for employment services. These include an innovation lab, collaborative platforms, pilot programs and an annual virtual innovation forum for sharing best practices. The goal is to better meet changing needs through participatory innovation.
Open innovation has evolved from a fad to a phenomenon adopted by most large firms. It describes using both internal and external ideas and paths to market. Firms use various practices, with customer co-creation and informal networking being most important. While traditional partnerships are still common, the focus is shifting to ecosystem-wide innovation with customers, partners, and communities. Open innovation requires new skills and infrastructure to manage networks and collaboration. As boundaries blur, firms establish diversified innovation ecosystems and experiment with new decentralized models.
This document provides an overview of innovation and the process of moving ideas to products. It defines innovation as the profitable implementation of ideas. There are four types of innovation: product/service, process, paradigm/business model, and position. Building innovation requires knowing ideas come from employees, providing tools to find good ideas, allowing time for collaboration, and having processes to move ideas forward. Ideas can come from changes in markets, demographics, knowledge, perceptions, unexpected outcomes, and incongruities. Leveraging a company's unique assets, talent, and brand is important for innovation. Moving ideas to products involves interactive models that incorporate technology push, market pull, and advances in society.
2016 - 1. The concept of Innovation and Innovation Management. The type of in...Nadia Lushchak
The document provides an overview of innovation and innovation management. It defines innovation as the process of turning opportunities into new ideas and implementing them successfully. Innovation is important because it allows companies to adapt, gain competitive advantages, and drive economic growth through "creative destruction." The document also discusses different types of innovation like incremental, radical, and disruptive innovation. It examines historical models of innovation and outlines innovation management as the process of transforming inventions into innovations that achieve sustained competitive advantages. Finally, it discusses core abilities needed to manage innovation and presents an innovation process model.
Technologies and Innovation – InnovationLee Schlenker
This document provides an agenda and overview for a session on digital technologies and innovation. The agenda includes introductions on the building blocks, sources, and practice of innovation. It discusses Peter Drucker's views on where innovative ideas come from by analyzing opportunities within companies, industries, and the social environment. It also summarizes theories on innovation from Joseph Schumpeter, who distinguished invention, innovation and imitation, and from Birkinshaw, who categorized types of innovation. The document outlines frameworks for innovation from Bessant and Tidd, Tidd et al., and Rothwell's five models of the innovation process. It discusses open innovation models like InnoCentive and examples from Spotify and Giffgaff. It concludes with perspectives
The document discusses the differences between invention and innovation. Invention is the formulation of new ideas for products or processes, while innovation is the practical application of new inventions into marketable products or services. It then describes two types of innovation - product innovation which involves launching new products, and process innovation which finds more efficient production processes. The document outlines advantages of both product innovation, such as first mover advantage and increased reputation, and process innovation, like reduced costs and improved quality. Finally, it notes that innovation benefits businesses through improved productivity, higher sales and profits, and establishing competitive advantages.
Open innovation has become fundamental to technological progress and involves collaborating both internally and externally. Henry Chesbrough popularized the term "open innovation" in his book and argued that companies should use both internal and external ideas and partnerships to advance their technology. Adopting open innovation provides advantages like access to qualified global talent and helps companies find business models faster through collaboration with universities and other organizations. When done effectively through clear partner selection, knowledge sharing, and project governance, open innovation can benefit all involved parties including companies, partners, and society.
Innovation is a wellspring of growth (Romer, P.M. 1987). Although innovation itself is a
continuous process for producing new ideas, productions, services and tools, conducting
innovation is highly environment-dependent or platform-dependent (Ping Lan, 2004). The rapid
development of information technology forces environments to change at a great speed that also
makes great changes to innovation itself in the digital-business environment. Given this
background, this paper is an attempt at examining the great changes to innovation brought by
information and technology, especially the Internet. Therefore, we put forward a new innovation
platform: E-innovation. In this paper, we discuss the definition, management, application of Einnovation;
we provide a five-D architectural framework of E-innovation; we also present an
example on the application of E-innovation and drive recommendation for E-innovation based on
research available.
Armend Muja, Innovation Management: linear, coupling and systems innovationArmend Muja
Distinguish the different forms that innovation can take, such as product, service, process, organizational or service innovation
Distinguish between sources of innovation
Describe models of innovation management
Analyze different types of innovation and appreciate their role in firms strategy and entrepreneurship
Business Innovation and Innovation Management Uk VersionKoen Klokgieters
This document provides an overview of business innovation and innovation management. It discusses that constant innovation is necessary for organizations to adapt to changing customer behaviors and competition. Successful business innovation requires integrating changes to both internal and external factors of an organization. However, many companies struggle with business innovation due to growing complexity in trends, unpredictable customer behavior, obsolete organizational structures, and undeveloped competencies. Innovation management provides a framework for companies to understand their innovation capabilities and ambitions in order to increase their success with business innovation. It involves analyzing trends, determining the appropriate level of innovation, and using tools like an innovation radar screen and strategic innovation scenarios.
Abgenix faced a decision about how to develop an antibody called ABX-EGF that showed promise for treating cancer. It could license the antibody to a pharmaceutical company, pursue a joint venture with a biotech company, or develop it alone. Collaboration provides benefits like accessing skills and resources, reducing costs and risks, and learning from partners. However, it also means sharing control and rewards and potential issues with partners. Firms must consider their capabilities, need to protect their technology, and strategic objectives when deciding between solo development or collaboration.
This document discusses the potential benefits of establishing an open innovation center in Northern Ireland. It finds that NI lags behind other UK regions in open innovation activities, particularly among smaller firms. An open innovation center could help address this by raising awareness of open innovation, building firms' capabilities to engage in it, and facilitating partnerships between firms and other organizations. The center would likely target smaller companies and help them move from closed to open models of innovation. It could take the form of an independent innovation intermediary and draw on existing resources while operating independently. The goal would be to increase open innovation and its benefits for firms and the wider Northern Ireland economy.
Building an open innovation capability Presentation - Professor Stephen Roperenterpriseresearchcentre
This document discusses the potential benefits of establishing an open innovation center in Northern Ireland. It finds that NI lags behind other UK regions in open innovation activities, particularly among smaller firms. An open innovation center could help address this by raising awareness of open innovation, building firms' capabilities to engage in it, and facilitating partnerships between firms and other organizations. The benefits would include increased innovation, productivity and economic growth in the region. A proposed model for a NI open innovation center would target smaller firms and act as a neutral broker to connect firms to potential innovation partners both within and outside of the region.
define of creativity ,define of innovation ,types of innovation ,processes of innovation , source of innovation .importance of innovation ,risk involved in innovation
Transformering av forskningsresultat och kunskap till affärer, Andrzej Brud, ...Sigma IT Management
6. TRANSFORMERING AV FORSKNINGSRESULTAT OCH KUNSKAP TILL AFFÄRER - Arvidsvik
Andrzej Brud, VD Chalmers Innovation
Chalmers Innovation har sedan 1999 arbetat med transformering av teknikbaserade idéer till innovationer och affärer. Hur tar man helt nya och tekniska oprövade idéer till nya produkter i nya marknadssegment? Andrzej kommer att berätta om erfarenheter från Chalmers Innovation och nya utmaningar och möjligheter i kommersialiserings-processer. Lean-startup metodik.
Crowdsourcing - IPU user driven innovation dayTom Howard
The document discusses crowdsourcing and lead users in product development. It defines crowdsourcing and describes its uses, including crowd funding, crowd labor, crowd innovation, distributed knowledge, and crowd creativity. Crowdsourcing can be used for tasks like debugging, advertising, proofreading, and surveys. It also discusses using crowdsourcing for innovation, aesthetics, and branding. The document advocates building the crowd into products and challenges the reader to find internal projects that could utilize crowdsourcing with a small budget.
This document discusses a pan-European study on critical success factors for eco-innovation conducted by Verhaert, an innovation consulting firm, for the OECD. It defines eco-innovation and outlines the study's goals of exploring radical and systemic innovations to accelerate Europe's transition to more sustainable industries and meet environmental targets. Insights from the study highlight key success factors like forming alliances between firms and stakeholders, challenging existing business models, reinforcing customer behavior through marketing, and having dedicated leadership to drive big changes.
Innovation & Entrepreneurship Center at GJUJamil AlKhatib
This document outlines the innovation and entrepreneurship center at GJU, including its establishment in 2005 and expanded support starting in 2009. It discusses the center's objectives to serve as a platform connecting innovators, industry, and the university community to facilitate research commercialization. The center focuses on sectors like cleantech, IT, engineering, and life sciences. It also proposes strengthening industry links through activities such as spin-offs, proof of concept testing, and tech transfer to support graduates in becoming employees, academics, or entrepreneurs through responsible innovation.
The Role of Public Innovation and the Impact of Technology on Employment - Re...Textkernel
Pôle emploi is France's public employment agency. It has made innovation a priority in its strategic plans to improve services and enhance skills. Pôle emploi uses an open innovation approach involving employees, startups, companies and other organizations. It has multiple programs and platforms to generate, develop, test and implement new ideas for employment services. These include an innovation lab, collaborative platforms, pilot programs and an annual virtual innovation forum for sharing best practices. The goal is to better meet changing needs through participatory innovation.
Open innovation has evolved from a fad to a phenomenon adopted by most large firms. It describes using both internal and external ideas and paths to market. Firms use various practices, with customer co-creation and informal networking being most important. While traditional partnerships are still common, the focus is shifting to ecosystem-wide innovation with customers, partners, and communities. Open innovation requires new skills and infrastructure to manage networks and collaboration. As boundaries blur, firms establish diversified innovation ecosystems and experiment with new decentralized models.
This document provides an overview of innovation and the process of moving ideas to products. It defines innovation as the profitable implementation of ideas. There are four types of innovation: product/service, process, paradigm/business model, and position. Building innovation requires knowing ideas come from employees, providing tools to find good ideas, allowing time for collaboration, and having processes to move ideas forward. Ideas can come from changes in markets, demographics, knowledge, perceptions, unexpected outcomes, and incongruities. Leveraging a company's unique assets, talent, and brand is important for innovation. Moving ideas to products involves interactive models that incorporate technology push, market pull, and advances in society.
2016 - 1. The concept of Innovation and Innovation Management. The type of in...Nadia Lushchak
The document provides an overview of innovation and innovation management. It defines innovation as the process of turning opportunities into new ideas and implementing them successfully. Innovation is important because it allows companies to adapt, gain competitive advantages, and drive economic growth through "creative destruction." The document also discusses different types of innovation like incremental, radical, and disruptive innovation. It examines historical models of innovation and outlines innovation management as the process of transforming inventions into innovations that achieve sustained competitive advantages. Finally, it discusses core abilities needed to manage innovation and presents an innovation process model.
Technologies and Innovation – InnovationLee Schlenker
This document provides an agenda and overview for a session on digital technologies and innovation. The agenda includes introductions on the building blocks, sources, and practice of innovation. It discusses Peter Drucker's views on where innovative ideas come from by analyzing opportunities within companies, industries, and the social environment. It also summarizes theories on innovation from Joseph Schumpeter, who distinguished invention, innovation and imitation, and from Birkinshaw, who categorized types of innovation. The document outlines frameworks for innovation from Bessant and Tidd, Tidd et al., and Rothwell's five models of the innovation process. It discusses open innovation models like InnoCentive and examples from Spotify and Giffgaff. It concludes with perspectives
The document discusses the differences between invention and innovation. Invention is the formulation of new ideas for products or processes, while innovation is the practical application of new inventions into marketable products or services. It then describes two types of innovation - product innovation which involves launching new products, and process innovation which finds more efficient production processes. The document outlines advantages of both product innovation, such as first mover advantage and increased reputation, and process innovation, like reduced costs and improved quality. Finally, it notes that innovation benefits businesses through improved productivity, higher sales and profits, and establishing competitive advantages.
Open innovation has become fundamental to technological progress and involves collaborating both internally and externally. Henry Chesbrough popularized the term "open innovation" in his book and argued that companies should use both internal and external ideas and partnerships to advance their technology. Adopting open innovation provides advantages like access to qualified global talent and helps companies find business models faster through collaboration with universities and other organizations. When done effectively through clear partner selection, knowledge sharing, and project governance, open innovation can benefit all involved parties including companies, partners, and society.
Innovation is a wellspring of growth (Romer, P.M. 1987). Although innovation itself is a
continuous process for producing new ideas, productions, services and tools, conducting
innovation is highly environment-dependent or platform-dependent (Ping Lan, 2004). The rapid
development of information technology forces environments to change at a great speed that also
makes great changes to innovation itself in the digital-business environment. Given this
background, this paper is an attempt at examining the great changes to innovation brought by
information and technology, especially the Internet. Therefore, we put forward a new innovation
platform: E-innovation. In this paper, we discuss the definition, management, application of Einnovation;
we provide a five-D architectural framework of E-innovation; we also present an
example on the application of E-innovation and drive recommendation for E-innovation based on
research available.
Armend Muja, Innovation Management: linear, coupling and systems innovationArmend Muja
Distinguish the different forms that innovation can take, such as product, service, process, organizational or service innovation
Distinguish between sources of innovation
Describe models of innovation management
Analyze different types of innovation and appreciate their role in firms strategy and entrepreneurship
Business Innovation and Innovation Management Uk VersionKoen Klokgieters
This document provides an overview of business innovation and innovation management. It discusses that constant innovation is necessary for organizations to adapt to changing customer behaviors and competition. Successful business innovation requires integrating changes to both internal and external factors of an organization. However, many companies struggle with business innovation due to growing complexity in trends, unpredictable customer behavior, obsolete organizational structures, and undeveloped competencies. Innovation management provides a framework for companies to understand their innovation capabilities and ambitions in order to increase their success with business innovation. It involves analyzing trends, determining the appropriate level of innovation, and using tools like an innovation radar screen and strategic innovation scenarios.
Abgenix faced a decision about how to develop an antibody called ABX-EGF that showed promise for treating cancer. It could license the antibody to a pharmaceutical company, pursue a joint venture with a biotech company, or develop it alone. Collaboration provides benefits like accessing skills and resources, reducing costs and risks, and learning from partners. However, it also means sharing control and rewards and potential issues with partners. Firms must consider their capabilities, need to protect their technology, and strategic objectives when deciding between solo development or collaboration.
This document discusses the potential benefits of establishing an open innovation center in Northern Ireland. It finds that NI lags behind other UK regions in open innovation activities, particularly among smaller firms. An open innovation center could help address this by raising awareness of open innovation, building firms' capabilities to engage in it, and facilitating partnerships between firms and other organizations. The center would likely target smaller companies and help them move from closed to open models of innovation. It could take the form of an independent innovation intermediary and draw on existing resources while operating independently. The goal would be to increase open innovation and its benefits for firms and the wider Northern Ireland economy.
Building an open innovation capability Presentation - Professor Stephen Roperenterpriseresearchcentre
This document discusses the potential benefits of establishing an open innovation center in Northern Ireland. It finds that NI lags behind other UK regions in open innovation activities, particularly among smaller firms. An open innovation center could help address this by raising awareness of open innovation, building firms' capabilities to engage in it, and facilitating partnerships between firms and other organizations. The benefits would include increased innovation, productivity and economic growth in the region. A proposed model for a NI open innovation center would target smaller firms and act as a neutral broker to connect firms to potential innovation partners both within and outside of the region.
Innovation is one of the key enablers for European enterprises to compete in global markets. The term ‘innovation’ is constantly used in speeches of managers, politicians, public administrators. However, in the large majority of cases, the term is used as a generic 'place holder', a sort of container whose actual content is left to the intuition. For this reason it is important to deeply elaborate, specifically on the notion of Enterprise Innovation, to better understand the essence and meaning of innovation.
Innovation stems from a virtuous mix of intuition, creativity, and a solid background knowledge. Each innovation endeavour has its own characteristics, largely different from previous experiences. It falls in the category of ‘wicked problems’, i.e., problems difficult to solve because of incomplete, fuzzy, changing requirements. Nevertheless, there are recurring patterns and it is possible to conceive systematic methods, and supporting information systems, to promote and manage innovation avoiding the risk to close it in a ‘cage’, risking depressing the fundamental creativity and fantasy. This talk will present an innovative framework for enterprise innovation that includes a methodology and an innovation management platform which is based on an generic behavioural pattern (i.e., independent of the industrial sector), a strong knowledge orientation, and an innovation monitoring system funded on a number of Key Performance Indicators, to constantly keep the progress of the innovation project under control.
1. The document discusses a study examining how university-business interaction contributes to new-to-market innovation.
2. The study finds that collaboration with universities increases the probability of firms introducing new-to-market innovations, especially for small and medium-sized firms collaborating with regional and national universities.
3. Not all external partnerships contribute equally to new-to-market innovation, and the importance of university proximity decreases as firm size increases.
Here are different Types of Open Innovation, Let's look into them in detail: https://mitidinnovation.com/recreation/know-about-type-of-open-innovation/
Empowering SME Innovation - Building internal strengths and external partners...enterpriseresearchcentre
The document summarizes research from the Enterprise Research Centre (ERC) on innovation and business growth.
[1] The ERC is the largest UK research initiative on small and medium enterprises in 25 years, led by Warwick Business School in partnership with other universities. [2] The ERC research focuses on themes like entrepreneurial growth, leadership, financing, and the relationship between innovation, exporting, and growth. [3] The document discusses measuring innovation outputs, the internal dimensions of innovation within firms, and implementing open innovation strategies to create value.
The American Innovation Index (AII) is an ambitious project to rate and rank U.S. companies across a variety of sectors based on their level of innovativeness, as viewed through the eyes of their customers. The study examines how consumers experience innovation from the leading companies they do business with, including how the companies interact with customers and their perceived social innovativeness. Innovativeness is an important feature for companies to address in their strategy because it correlates with loyalty, differentiates them from competition and drives growth. Indeed, a company may actually invest too much in ensuring high satisfaction and not enough in new and innovative ways of meeting customer needs. Social innovation is also an area of emerging importance in a business environment where consumers (particularly Millennials) expect companies to broaden their focus to solve social and environmental problems.
This presentation will introduce the project and describe insights from the 2018 baseline AII (expected to be released in the second quarter). The AII is conducted by Rockbridge Associates, Inc., a market research firm that specializes in services and technology, in partnership with the Social Innovation Collaboratory at Fordham University and the Center for Innovation at the Norwegian School of Economics (NHH). The study is based on the methodology of the Norwegian Innovation Index (NII), with the inclusion of additional metrics to capture social innovation. NHH is recruiting partners around the world to conduct local innovation index tracking studies, so that ultimately comparisons can be made across markets.
This project is unique in its scope. Most innovation listings of companies in the U.S. rely on financial metrics or “upstream” features such as R&D and technology investments. Using the NII methodology, the AII relies on “downstream” results, that is, what customers actually experience from service providers when they do business after innovation investments have had an impact. In addition, many innovation indexes rank countries instead of companies, usually based on macroeconomic measures. The true measure of innovativeness of a country is how its consumers perceive the companies they rely on for services and products.
Open innovation incorporates external knowledge and ideas into a company's innovation process, while closed innovation develops innovations entirely within the company. With open innovation, the innovation process occurs both inside and outside the company through collaboration. Closed innovation keeps the innovation process strictly internal. While closed innovation was traditionally preferred, open innovation is growing in importance due to increased mobility and availability of qualified specialists, venture capital, and external sources of knowledge. However, some companies still favor closed innovation, especially for complex, unique, or highly competitive innovations.
A practical introduction to - and overview of - the entrepreneurship journey, based on the ecosystem in Copenhagen area. From a lecture, I gave at Aalborg University CPH for engineer candidates (cand.polyt study) in the 'Entrepreneurship, Innovation & Business models'-course as part of the 'Converging Mediatechnology' track.
The Centre for Research & Innovation (CRI) is a partnership between Grande Prairie Regional College and the Peace Region Economic Development Alliance that provides services to support innovators, entrepreneurs, and small and medium enterprises. The CRI operates with a mixed staffing model and funding from various sources. It acts as a network and one-stop-shop for regional researchers, innovators, and businesses seeking to commercialize new products and services. The CRI offers various programs and services to support innovation including intellectual property management, prototype development, investor readiness training, market analysis, and learning opportunities through workshops. It has supported hundreds of clients in the Peace Region of Alberta.
Want to know the detailed dimensions of the Open Innovation Strategy? MIT ID Innovation offers several courses in Innovation that address its benefits and future aspects.
For more details, visit : https://mitidinnovation.com/recreation/introduction-to-open-innovation-strategy/
In this slide deck we show the basic overview of our methodology "Innovation Lab Canvas" which has been developed by mantro to design and evaluate innovation initiatives in corporates like Labs, Digital Hubs, Accelerator Programs, Incubator Programs, etc.
The method and the canvas are published under the Commons License and are to be reused by the world.
This document discusses the open innovation model of InnoCentive, which allows organizations to crowdsource solutions to research and development problems from a global network of solvers. Some key advantages of the InnoCentive model are that it is faster, cheaper, and more efficient than traditional closed innovation approaches. However, open innovation also raises issues around loss of competitive advantage and intellectual property ownership. The document also outlines several organizational and managerial challenges InnoCentive faces in maintaining partnerships with corporations and solvers.
Open Innovation In Financial Services Innovation Summit 2009Saine
The document discusses open innovation in the financial services sector. It notes that knowledge now sits beyond organizational boundaries, requiring a blend of openness and focus on customers. Financial services firms typically have little intellectual property protection, so open innovation can help leverage external knowledge for growth. The document outlines how financial firms can transition to more open business models and innovation processes that integrate external partners and customers.
This document provides an overview of innovation and R&D in Northern Ireland. It discusses key figures on companies innovating in NI, including numbers, employment, turnover, and characteristics of average companies. It outlines NI's strengths in clusters like cybersecurity, data analytics, and software. Examples are given of companies that received support from Invest NI and Innovate UK. The roles of various organizations in NI's innovation ecosystem are summarized.
This document summarizes Innovaro's analysis of innovation leaders for 2007/8. It identifies several companies that excel at innovation, including Adidas, Apple, BMW, Nokia, Google, H&M, Infosys, LEGO, Reckitt Benckiser, Samsung, UPS, and Virgin Atlantic. These leaders share traits like strategic focus on innovation, customer insights, collaboration, simple innovation processes, and organizational support for innovation. The analysis also notes that top innovators are gaining impact through multi-layered innovation across products, services, and business models, as well as open innovation and mapping future growth opportunities.
Building a Growth Engine: How to Drive Sustainable Innovation and Grow.Rob Munro
Driving sustainable growth comes from embracing a systems perspective to our innovation activities.
Because studies show that how you organize can make the difference between average performance from stand out performance.
I’ve found that innovation is not an event and that businesses who create an innovation habit get better results.
You will discover that How you innovate is as important as What you innovate.
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Introduction: EBN Tech Camp 2016 @ Ideon Open by Mats Dunmar
1. Origami
Letters to
500 CEO:s
in EU
A local carpenterCollaborative Co-Creation
What is the added value of OI
for an innovation environment?
2. The Innovation Eco-system
sets the foundation for any successful Open Innovation initiative –
you need to nurture and develop it
Internal & External Innovation Actors
Internal
Collaboration
HR
Bus.
Dev.
Legal
Procurement
Marketing
R&D
External
Collaboration
Outside-In
Inside-Out
Open Innovation
Intermediaries &
Innovation Experts
Competitors
Customers
Suppliers
Universities,
Research labs
Start-Ups/
SMEs
Individuals
Retirees
Players from
other industries
Governments,
Semi-Public
Bodies
<=== Open Idea Management System ====>
Sales
M&A
3. What is the added value of OI
for an innovation environment?
Regional Innovation Eco-system VS Your EUBIC Offer
Client Openness & Pain VS Your EUBIC Offer
Factor 1:3 Client
Factor 2:3 Regional Eco System
4. Example of Unique Selling Proposition
1. SEMI PUBLIC Unbiased. Neutral connector
2. ENTREPRENEURIAL
3. NOT FOR PROFIT
4. VAST NETWORKS
5. EXPERIENCED
EUBIC Open Innovation USP VS Potential Clients Needs
Factor 3:3 Your Strength
5. 1. Pain – Focus on a challenge that really hurts
2. High Intensity
3. Top Commitment
4. Neutral Facilitator
5. Internal Innovation Champion
6. Insight
7. Cross-Functional
8. Agile/Iterative
9. Entrepreneurial
Success Factors
According to Ideon Open
7. “You act too much as
an private consultancy
firm”
“You behave too much
as a public organisation”
CASES €
Example:
• Large public and private orgs => pay fully the investment
• SME => pay partly the cost, the rest publicly funded
• For any organisation, independent of size => Pro bono work is done,
financed by the profit from assignment with the larger organisations
10. “Buy stake in start-Up”
“Develop internally”
“Start joint-venture”
“License IPR”
16 Teams - 10 weeks
On site Thursdays - w5 Prototype Day - w10 Selection Day
13. 10 + 3 Participants
Dustin Jessen
Germany/United
Kingdom
Product design student
Fernanda Costa
United Kingdom/Brazil
Product and Packaging
designer
Cheng Herng Yi
Singapore
Student, MIT
Mark Bolitho
United Kingdom
Self employed &
origami artist
Paul Jackson
Israel
Paper artist & engineer
Philip Chapman-
Bell
USA
Origami designer
and human
resources specialist
Charles Santee
USA
Origami designer for over
50 years. Previously
teacher and magazine
editor
Víctor Coeurjoly
Spain
Industrial designer
Frida Åberg
Sweden
Design Student
Hans Isaksson
Sweden
Student of mathematics
and economics