2006 Idea Generation Open Innovation 
Open Innovation EU
OCTOBER 11, 2017
It has been a while since Henry Chesbrough coined the term Open Innovation and formulated it’s definition: “combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies.” ” ( Chesbrough, 2003 ). Route 3: Spin-off.
Qmarkets
MARCH 13, 2025
The term was popularized by Jeff Howe in 2006, when he described how businesses could leverage online communities to source innovative ideas. By engaging employees, customers, and external experts, companies can access innovative solutions that drive efficiency and growth.
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hackerearth
NOVEMBER 20, 2017
“Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. The free flow, in and out, of ideas and IP promotes innovative ecosystems. Why does open innovation work?
Qmarkets
JULY 11, 2024
The concept of crowdsourcing, coined by Jeff Howe and Mark Robinson in a 2006 Wired article , has revolutionized how businesses and organizations solve problems and innovate. TILT focused on improving approachability and accessibility, enabling a wide range of contributors to participate in the innovation process.
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