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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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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. In most cases, innovation at these companies still happens primarily in-house.

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Are You Embracing Innovation Ecosystems for Enhanced Competitiveness

Paul Hobcraft

Embracing Innovation Ecosystems for Enhanced Competitiveness In today’s rapidly evolving business landscape, innovation is paramount for organizations to thrive and achieve sustainable success. Why Embrace Innovation Ecosystems?

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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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How to Execute An Open Innovation Strategy with Innovation Management Software 

Qmarkets

With digital disruption accelerating across industries, traditional, closed approaches to innovation no longer suffice for most companies. In fact, research shows that companies practicing open innovation achieve faster time-to-market and often realize higher revenue from new products. What Is an Open Innovation Strategy?

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Key Takeaways from April’s Open Innovation Summit

IdeaScale

The Open Innovation Summit is all about expanding innovation beyond a small committee or a lab in the building to your entire organization. Just like any other scaling project, taking innovation company-wide can come with unexpected obstacles. Innovation Isn’t Tech-Driven. Be Adaptable.

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The building blocks of open innovation lead towards Business Ecosystems.

Paul Hobcraft

The building blocks of open innovation building towards Business Ecosystem design. By incorporating Open Innovation Strategies as the next building block, businesses can create a dynamic and expansive innovation ecosystem beyond internal and partnership and certain collaborative boundaries.