article thumbnail

Moving from Open Innovation to Innovation Ecosystems

Paul Hobcraft

For me, innovation ecosystems in their ability to provide added value are important to recognize. In recent years we have been moving away from open innovation but not at the accelerated rate I would have expected, taking this into Innovation Ecosystem design and thinking.

article thumbnail

Why Open Innovation is the Future

IdeaScale

Innovation is a crucial driver of progress and success in many industries, but traditional approaches to innovation may be insufficient in today's rapidly changing business environment. Open innovation is a new paradigm for innovation that is gaining popularity among forward-thinking businesses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pitch me on why Innovation Ecosystems are better than my present open innovation approach

Paul Hobcraft

Pitching the reasons to change to Innovation Ecosystems in thinking and design So after working through the values of the Innovation Ecosystem over a series of three posts I asked Chat GPT to help me in making a pitch for the change from existing internal orientated innovation processes and structures.

ChatGPT 113
article thumbnail

Understanding Open Innovation

IdeaScale

Traditionally, corporate innovation has been an inside job, with few exceptions. Things have changed with the digital revolution, however, and the boundaries shielding organizations from outside ideas have become more permeable. Why Open Innovation Is Emerging as a New Paradigm.

article thumbnail

Who are open innovation managers and what do they do?

HYPE Innovation

Typically, innovation managers are researchers, strategists, evangelists, or pioneers who venture on to become change agents, leaders, organizational designers, coaches, and ultimately fill the seats of process owners, decision makers, and project managers.

article thumbnail

Crowdsourcing vs. Open Innovation: What’s the Difference?

IdeaScale

Open innovation vs. crowdsourcing can be a tough call. What’s the difference between crowdsourcing and open innovation? Crowdsourcing Vs. Open Innovation. Crowdsourcing is when you open it up to the public, usually starting with your customer base, to get ideas or to perform tasks.

article thumbnail

The rise of open innovation

Exago

Now, open innovation is trendy. For a start, change has become the rule. The post The rise of open innovation appeared first on www.exago.com. Just a little over two decades ago, engaging external stakeholders was a rare thing. Why is this?