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33 Routes to Open Innovation

Open Innovation EU

Rather than taking a (technical) process-oriented approach, Open Innovation is now also about Open Business Models ( Chesbrough, 2006 ), Open Services ( Chesbrough, 2010 ) – both from a more strategic perspective – and practical tools (Vanhaverbeeke, 2017) – more from a tactical or operational point-of-view.

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Companies betting big on open innovation

hackerearth

[This paradigm] assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as they look to advance their technology.” ( Henry Chesbrough, 2006 ). The free flow, in and out, of ideas and IP promotes innovative ecosystems.

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

At the same time, big box retailers started selling CDs at massive discounts to hold onto customers that were disappearing into ecommerce. In 2006, the massive Tower fell, going from profitability to bankruptcy in a few years.

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Turning Consumers into Customers

Harvard Business Review

It helps to revisit these elementary lessons because we've been ignoring them on the Web — at the cost of billions of dollars in lost opportunities for businesses other than those driven by advertising and "big data" farming. Personal data stores (PDSes), also known as "lockers" and "vaults" (e.g. the r-button ).

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“Competitive Intelligence” Shouldn’t Just Be About Your Competitors

Harvard Business Review

In recent years with the big data craze, collecting digital data has replaced strategic intelligence. They focus the discipline on competitors (“the enemy” in military parlance) instead of the market as a whole — the entire competitive arena.

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To Hire Great Coders, Offer Learning Not Just Money

Harvard Business Review

The researchers looked at the gap between how much IT workers made in their current job and how much they listed as their “target” salary when job searching, using data from Glassdoor.com from between 2006 and 2011. The bigger the difference, the more the workers must value other non-monetary things in their current job.

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Making Predictive Analytics a Routine Part of Patient Care

Harvard Business Review

Over the last five years, electronic health records (EHRs) have been widely implemented in the United States, and health care systems now have access to vast amounts of data. The Veteran’s Health Administration (VHA), the largest health system in the United States, has collected electronic data from its patients for over three decades.