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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.

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Facilitating Collaboration Across Ecosystems with AI

Leapfrogging

Artificial Intelligence (AI) is revolutionizing the field of innovation management. By leveraging AI, you can enhance your innovation processes, streamline collaboration, and drive more effective outcomes. Market Research : AI-driven tools can gather and analyze market data to identify emerging trends and opportunities.

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Innovation Ecosystems: The future of Open Innovation

Idea to Value

For the past decade or so, one of the most popular ideas in innovation has been around Open Innovation. This is the practice of innovating and co-creation in collaboration with people outside of your company. Collaborating with a startup on a specific new challenge.

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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.

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Recognizing the distinguishing points of Innovation Ecosystems

Paul Hobcraft

What distinguishes an Innovation Ecosystem from Open Innovation? Within a short series about Innovation Ecosystems this post asks what really are the distinct differences within innovation ecosystem thinking and design, to provide a set of common distinguishing points to move from “just” open innovation.

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Understanding Open Innovation

IdeaScale

The ultimate result is open innovation, the concept that good ideas come not just from within organizations, but from outside them as well. Why Open Innovation Is Emerging as a New Paradigm. The erosion of closed innovation has been happening for several reasons.

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How to Execute An Open Innovation Strategy with Innovation Management Software 

Qmarkets

In fact, research shows that companies practicing open innovation achieve faster time-to-market and often realize higher revenue from new products. But what exactly does open innovation entail, and how can companies leverage it strategically? What Is an Open Innovation Strategy?