article thumbnail

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.

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
Insiders

Sign Up for our Newsletter

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

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

Imaginatik and the Oil and Gas Technology Centre to Co-Present During Poster Session at the World Open Innovation Conference

Imaginatik

Imaginatik will be attending the 5th Annual World Open Innovation Conference (WOIC) in San Francisco, CA on December 13th and 14th. We’ve partnered with our valued customer, The Oil and Gas Technology Centre (OGTC) to develop and submit an open innovation paper describing our work together and the resulting economic impact.

article thumbnail

Open Innovation Experiment Joins the Fight against Cancer

IdeaScale

Open innovation is giving doctors another tool to fight cancer. There is no computer more powerful or creative than the human mind, and coordinating dozens, hundreds, or thousands of them can draw forth amazing results. Open innovation puts patient care first.?. To learn more about open innovation, contact us !

article thumbnail

3 Ways to Assess and Improve (Open) Innovation Structures

HYPE Innovation

In a previous post I was telling you about engineering an open culture and how tricky this task can be. As research shows, the structures for innovation and open innovation are just as prone to failure, despite sizable investments and the best of intentions.

article thumbnail

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.