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Crowdsourced Innovation: Three Things I Learned

IdeaScale

Innovation is Required to Be Competitive. This means that companies need to continuously innovate if they want to remain competitive in the market. In fact, Netflix crowdsourced its innovation process by paying 1 million dollars to the people who figured out how to improve its recommendation algorithm from 2006 to 2009.

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What is a creative “Flow State”? And how can I achieve it?

Idea to Value

Friendly competition can help give you something to measure yourself against.”. What is also interesting is that the likelihood of a person enter a flow state depends on the level of challenge and skill the activity requires, compared to the participant’s current capabilities. Was the shot good? The color on the canvas right?

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Why are innovation ecosystems important?

Paul Hobcraft

Recently, I presented my framework to the GIMI think tank GIMI was initiated by a worldwide group of chief innovation officers, innovation executives, academics and consultants in 2009. Enhance Competitiveness: Rationale: Staying ahead in the competitive landscape requires constant innovation.

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We require a more dynamic view of Innovation understanding.

Paul Hobcraft

In any competitive situation, the survival of the fittest dominates (Darwinian). Paul Hobcraft and Agility Innovation Specialists, all rights reserved, a journey that continues to pursue the innovation dynamics studies and suggested frameworks 2009 – 2023. Fitness Landscapes as a solution has its roots in Darwin.

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Microsoft buys LinkedIn – Smart move or Dumb move?

Destination Innovation

The two companies demerged in 2009. In 2013 their then CEO Steve Ballmer spent $7B acquiring Nokia’s mobile phone business when it was clear that Apple and Android were killing all other competition in the sector. Microsoft’s track record in this field is worryingly poor.

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Innovation and the rapidly changing world of photography

Jeffrey Phillips

This of course follows on Kodak's decision to stop manufacturing film for most cameras, which occurred in 2009. Understanding the job that the customer wants to do, and how that job is changing, is vital to sustain a competitive advantage. If only they could have imagined how to make their photos digital and shareable.

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71 Innovation Methodologies

Open Innovation EU

Focus stage: Growth Published: 2009 more…. Design Competitions. Focus stage: Maturity Published: 2009 more…. Focus stage: Maturity Published: 2009 more…. Design Thinking Process (Stanford). Focus stage: Seed Published: 2012 more…. Crowdsourcing (Whitla). Crowdsourcing Process (Geiger). External Sources (West).