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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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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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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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A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

In this session, we’ll examine the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly.

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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.

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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.