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Moving from Open Innovation to Innovation Ecosystems

Paul Hobcraft

Building Innovation Ecosystems can tackle unique challenges How do we differentiate (traditional) approaches of Innovation to (evolving) Innovation Ecosystems? Is your innovation process closed only to you? Or have you gone to being more open in innovation with outside selected partners?

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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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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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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. This allows you to make more informed decisions and accelerate the innovation cycle.

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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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Leveraging the Benefits of Open Innovation

IdeaScale

Open innovation is innovation where companies or organizations reach out to other companies, individuals, and the general public to create innovative products and services. Some open innovation partnerships include colleges and universities. R&D is expensive, but open innovation helps curtail the costs.

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Leveraging AI to Drive the Innovation Lifecycle

Leapfrogging

Innovation Lifecycle Management (ILM) refers to the systematic process of managing the journey of an idea from inception to market release. For innovation professionals, understanding each phase is crucial to ensure that new products or services are successfully developed and launched.