Big Data Innovation Processes 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.” Open Innovation as a paradigm on itself is on its quest to touch base.
Paul Hobcraft
MAY 9, 2023
Many tools, techniques, frameworks, mechanics, and emerging methodologies have allowed different parts of the innovation process to be explored and exploited. We are moving innovation along but not at a pace or design that reflects the need to connect “it ” into one comprehensive process.
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Paul Hobcraft
SEPTEMBER 15, 2017
We design the innovation system we need after we know what we are trying to achieve in the challenge or idea. Can we design a totally ‘adaptive’ innovation process to fit the specific need? A radically different orchestration of innovation – highly networked, fully connected-up. We “pull down” what is needed.
IdeaScale
FEBRUARY 19, 2020
Crowdsourcing and open innovation are gaining ground in the financial industry. Understanding issues such as security, big data, and transparency will help financial institutions and other corporations come together to bridge the gap between what customers should weigh in on and what information should remain confidential.
Paul Hobcraft
MAY 7, 2024
Embedding Design Thinking into Innovation Processes: Design thinking has emerged as a powerful tool for innovation, emphasizing user empathy, rapid prototyping, and iterative refinement. This collaborative approach taps into external expertise, reduces development costs, and accelerates innovation cycles.
Paul Hobcraft
MAY 6, 2018
So the thinking intent of searching for a new innovation design had some framing assumptions that can leverage where we are to move towards a new future. In my view, we must go way beyond “open innovation” as we practice it today. This needs designing in unique ways, not in rigid processes and structures.
Paul Hobcraft
SEPTEMBER 27, 2017
They are not yet at the point of being digitally effective to turn what they have into real competitive advantage as they lack the capabilities in big data analysis and those algorithms that reveal ground-breaking innovations, Are they hanging on in the belief they will become digitally transformed eventually or just deluding themselves?
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