Qmarkets

NOVEMBER 1, 2024

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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Destination Innovation

JULY 13, 2016

How are firms using crowdsourcing? Ideascale have published a white paper on crowdsourcing which you can download. Here are the ways that are identified in the paper which also contains many examples and links: 1. This is when you use crowdsourcing to find the solution to a difficult or complex problem. Solution Finding.

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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.

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IdeaScale

OCTOBER 23, 2019

This is more than just a way to better understand who shops with you, though; with the right platform, it can be a source of powerful innovation. What Is Open Innovation? Traditionally, innovation in companies has been “closed.” When Should I Use Open Innovation? How Should I Use Open Innovation?

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IdeaScale

JANUARY 23, 2019

While this does occasionally happen, more often than not any great innovation is the result of people drawing from those around them for ideas and inspiration. Here are a few examples of companies that set the “lone inventor on a hill” myth aside in favor of real innovation with the help of IdeaScale. Citrix is all about access.

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Destination Innovation

FEBRUARY 12, 2017

Increasingly this internal focus is being replaced by a more powerful and effective approach – open innovation (OI). Crowdsourcing is a version of OI in which you typically throw out a challenge to a crowd of experts who separately compete with ideas to solve your problem. Think win/win. Recommended Reading. On Amazon.co.uk.

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Board of Innovation

JUNE 5, 2022

Open innovation & crowdsourcing resources Open Innovation, crowdsourcing, co-creation… overlapping terminologies to describe a trend towards more open business models and a closer collaboration with customers. On this page we gather a list of inspiring examples.

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Board of Innovation

JUNE 5, 2022

Open innovation & crowdsourcing resources Open Innovation, crowdsourcing, co-creation… overlapping terminologies to describe a trend towards more open business models and a closer collaboration with customers. On this page we gather a list of inspiring examples.

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Destination Innovation

AUGUST 8, 2018

If it is open what would happen if you enclosed it? If it is closed what would happen if you opened it? Here are some examples. Open innovation and crowdsourcing take closed doors and open them. The opposite approach to the current method can yield powerful new ideas. Computing. •

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IdeaScale

JANUARY 14, 2020

Of course, in the case of tools like open innovation and crowdsourcing, you might want the perspective of customers and clients on what they need and want. What Innovation Processes Can I Outsource? Depending on your needs, you can outsource your entire innovation strategy, if that suits you.

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IdeaScale

FEBRUARY 4, 2020

Small changes and tweaks, for example, can be put on an “express lane” that only has a few steps, has a clear date of execution, and only involves the stakeholders directly affected. You can even use the platform to draw on ideas from outside the company, such as crowdsourcing, open innovation, and collaborating with clients directly.

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Qmarkets

JULY 11, 2024

The concept of crowdsourcing, coined by Jeff Howe and Mark Robinson in a 2006 Wired article , has revolutionized how businesses and organizations solve problems and innovate. In this article, we’ll explore how businesses are using crowdsourcing to drive innovation. What is Crowdsourcing?

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IdeaScale

JULY 11, 2018

This tenet underpins most of crowdsourcing and all open innovation programs. We started out with an example from an IdeaScale community. And if this marketer hadn’t shared their idea in a crowdsourcing community, the product team might never have found it. The Home Depot Bucket Mister.

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Qmarkets

MARCH 21, 2025

Self-healing materials that repair cracks in buildings, nuclear fusion promising limitless clean energy, and brain-computer interfacesthese examples arent just science fiction anymore. Breakthrough innovation isnt about minor upgrades or gradual improvements. Here are just a few standout examples of breakthrough innovation.

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Change Innovation Artificial Inteligence Crowdsourcing 52

InnovationManagement

JUNE 24, 2021

As the director of the IdeaScale Crowd community, I recently had the opportunity to share some insights and best practices for innovators who are new to crowdsourcing, and may not have conducted their first campaign yet. The post Five Questions to Answer Before Crowdsourcing appeared first on InnovationManagement.

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IdeaScale

DECEMBER 26, 2019

Here are some lessons to learn from how startups innovate quickly and turn into established companies. That problem can be extremely simple (for example, Facebook mostly exists to stay in passive touch with friends and family), or it can be complex (like figuring out cold fusion). Identify the Problem.

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IdeaScale

MARCH 20, 2019

Similarly, being innovative requires a proactive personality, somebody willing to jump feet first into an idea and see where it takes them. This doesn’t mean you shouldn’t look before you jump; instead, follow the example of Houdini. Do more than just lead your team. Collaboration.

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IdeaScale

APRIL 24, 2018

Taylor and Ascione have long been champions of crowdsourcing, as they’ve built their program from the ground up, despite that not being part of their job description. They’re two shining examples of the intrapreneurial nature of open innovation champions. Together, they encompass the ePolicyWorks crowdsourcing team.

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IdeaScale

JANUARY 3, 2019

What trends in innovation will affect finance in 2019? Crowdsourcing And Open Innovation. As a result, crowdsourcing ideas and approaches faced slow going in this sector as institutions have worked out the boundaries between what customers can weigh in on and what needs to be tucked away in the vault. Big Data.

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Planview

AUGUST 15, 2017

To better understand complex and connected challenges in the developing world, the United Nations (UN) , the international organization tasked with bringing nations together, turned to Spigit to power their open innovation challenge , #SDGInsights. ” Final thoughts. Image credit: United Nations /Flickr.

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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. So let me offer what has stood out for me in nearly twenty years of practising, mentoring and advising on innovation.

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Artificial Inteligence Technical Review Innovation Agile 182

Viima

APRIL 17, 2023

There is a lot of buzz around open collaboration as a driver for innovation. Studies, academia, research, and the myriad of examples from companies are boasting about the amazing results brought by ideas from external parties. A study shows that 85% of the top global brands have used crowdsourcing during the last decade.

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Idea to Value

JULY 21, 2017

An excellent example, outlined in the video below, is Adobe’s Kickbox program, which gives anyone who has an idea and wants to try it out a box with advice on how to approach the experiment and a pre-paid credit card with $1,000 to be used however the person wants. 10 – Open Innovation, Crowdsourcing and Idea Management.

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IdeaScale

AUGUST 29, 2019

Open innovation, intrapreneurship, crowdsourcing. No matter what methods your innovation strategy involves, we’re talking about how our new features and updates will help you build a stronger, more innovative company September 4th in our online webinar. Learn what’s new in our webinar.?.

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Qmarkets

JULY 19, 2024

Companies working in isolation may miss out on the vast pool of external knowledge and innovative ideas that could propel them forward. The closed innovation model can result in slower innovation cycles, higher costs, and increased risk of obsolescence in a rapidly changing market. But what is open innovation?

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100%Open

SEPTEMBER 21, 2022

The key word here is OPEN. We’re bringing our partners in innovation, organisations who have run their own crowdsourcing projects, innovator powerhouses, and remote work legends into the spotlight. 3 – Open Innovation gets you ahead of the competition.

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IdeaConnection

MAY 18, 2018

An article in the current edition of Forbes online highlights four examples of how this can be achieved through crowdsourcing initiatives. 2) Raising capital to fund promising new ventures: for example, Ixcela turned to equity crowdfunding to raise funds to develop its proprietary technology to identify imbalances in the gut biome.

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IdeaScale

DECEMBER 21, 2016

The biggest reason is that innovation profits from a variety of backgrounds and experiences, which is gained by hiring and creating an organizational culture of diversity. Diversity and Crowdsourcing. This especially makes sense when you think about innovation in relation to crowdsourcing. Making All Voices Count.

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Paul Hobcraft

AUGUST 1, 2018

We are seeing the most valuable companies that are emerging today are largely based on sophisticated platform business models where ecosystems are vital to their health and global ambitions (Apple, Amazon, Car Manufacturers are all examples). There is so much to explore and build around innovation ecosystem design.

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IdeaScale

APRIL 9, 2019

This February and March, the Ideascale team toured Australia, running workshops in Melbourne, Perth, Brisbane, Canberra, and Sydney to discuss crowdsourcing, open innovation, and most importantly, intrapreneurship, with a stop at the Brisbane Intrapreneur’s Summit. Your intrapreneurs are just a desk away.

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ITONICS

FEBRUARY 6, 2024

The power of the crowd is increasingly being recognized as a potent tool in problem-solving and innovation. This article delves into the nature of crowdsourcing and its advantages over internal innovation and offers insights into engaging a solver crowd and identifying the best ideas.

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100%Open

OCTOBER 10, 2022

For example, this month’s tool in the spotlight is 100%Open Innovation Metrics. Many organisations now have the opportunity to look back at their open innovation programmes with an appraising eye. Does it result in faster innovation, more profit or higher scientific value? How open is your organisation ?

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Qmarkets

APRIL 24, 2017

I like to argue (for example, here ) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question which technical or business problem can be successfully solved by using this approach. Internal Crowdsourcing (IC).

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Yet2

JANUARY 4, 2024

However, it can be difficult to market innovation needs efficiently and attract the right submitters. yet2 hosted a webinar with Tomoharu Hayama, Open Innovation Manager, Kobayashi Pharmaceuticals, and Kendra Gittus, Global Innovation Lead, Syngenta, to discuss open innovation portal setup, insights, and outcomes.

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IdeaScale

FEBRUARY 7, 2017

Helping provide clean water, building schools, or helping to create clean air in large regions are just a few examples. Standard Bank’s Water4Africa Challenge is a great example of crowdsourcing for social good. Innovating For Social Good with Crowdsourcing. Crowdsourcing requires some planning.

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Crowdsourcing Innovation Case Study Tips 100

Qmarkets

APRIL 24, 2017

Why your company needs to think about crowdsourcing with the competition…. Tesla and Toyota for example opened their patent books to the competition back in 2015 to help accelerate innovation around fuel cells. Where the fun begins: Q-open. Keep your friends close, and your enemies closer.” Sleeping With the Enemy.

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IdeaScale

NOVEMBER 30, 2016

For example, say you work for a tech company, and you’re working on a particular product. In order to stand out, you must do everything you can to expedite the process of innovating in order to be the first to market. There are two huge reasons why it is important to get to market fast: to be the first and money. Get to Market First.

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