Open Innovation to Help Build Smart Homes

By • on May 29, 2013

The Idea Connection website reported that open innovation and crowdsourcing are putting the smart home within easy reach of people. GE has teamed up with Quirky to form Wink, an inspiration and innovation platform. The hope is to create a line of smart appliances for the home that have been dreamed up by Wink’s users. Quirky is a platform where people can suggest ideas. If they are liked by fellow users they are designed, made and marketed. Initial proposers of the technologies can earn up to 30% of the profits. GE is opening up thousands of its patents and technologies to the Wink/Quirky community so that people can use them as the basis for developing their own product ideas.

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