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3 Lessons Learned from Open Nation 2017

IdeaScale

They came to discuss how crowdsourcing ideas is changing their organizations and to learn best practices from each other. Tim Parsons (@rookzero) November 2, 2017. — Whitney Bernstein (@whit_berns) November 2, 2017. They harnessed and adapted consumer grade technologies to aid their rescue efforts.

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How the GSAs 10X Program Advances Government Innovation

IdeaScale

Overview : Founded in 2017 off of a popular crowdsourcing initiative, the Government Services Administration (GSA)’s 10X program internally crowdsources ideas to design new approaches and launch new programs. In 2015, the GSA held what was intended to be a one-off event called “The Great Pitch.”

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Sustainable Innovation: Explanation and Examples

IdeaScale

The evolution of technology and the demand for sustainable products and processes is becoming one of the main drivers of revenue growth and cost reduction across industries. Dutch supermarket chain Albert Heijn started using them in 2017. Business innovation and sustainability go hand-in-hand.

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33 Routes to Open Innovation

Open Innovation EU

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. Route 7: Spin-out.

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Titans of Transformation: 5 Outstanding Examples of Innovation in Business

Qmarkets

88% of Fortune 500 companies in the 1955 -2017 period 1 have either gone bankrupt, merged with other firms, or dropped off the list for other reasons. Already, the company has launched more than 3,400 patents 5 for new technology that will potentially provide healthier alternatives to cigarettes.

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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 confluence of diverse ideologies and technologies help build better business models that are sustainable in the long term.

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How Facebook Made Innovation a Daily Habit

Planview

Facebook’s hackathons have become legendary in technology folklore. 19% of Spigit’s enterprise customers, including large companies in financial services, healthcare, and manufacturing, are already running hackathons on Spigit as a part of their ideation activities, according to our 2017 Business Innovation Report. Final thoughts.