Is Engineering Ready to Standardize Innovation?
The Machine Design website noted that Innovation has been a front-and center-corporate focus for only about a decade. How can standards for it possibly be set or even be in development just yet? The fact is, innovation has been growing for some time now and is making its way into the corporate mainstream. Henry Chesbrough published his first work on
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Selecting an Innovation Service Provider
The Innovation Excellence website reports that the growing adoption of open innovation tools in corporate innovation practices has resulted in a rapid proliferation of firms providing open innovation platforms and services. Often called open innovation services providers (or vendors or intermediaries),
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The Chalmers Publication Library website posted an article which noted that as open innovation collaboration continues to increase in popularity among organizations, one particular issue needs to be further explored to ensure a greater chance of success – management. Opening up the borders of
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An Incredible Open Innovation Example
The oldstlabs blog reports that open innovation encourages companies to acquire outside sources of innovation in order to improve product lines and shorten the time required to bring products to market. In many instances open innovation has become a portal allowing for the flow of these ideas. However
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Hierarchical Management Bottlenecks Innovation
An article in Forbes argues that the old industrial management model is a thing of the past. Gone are the assembly line days of productive repetition. Value in the modern economy is created by doing something different each time, rather than repeating the successes of the past. The creative act itself
Crowdfunding Social Change
The Sys-con website notes that crowdfunding is a technique based on using the Open Innovation best practices conceived by Henry Chesbrough, and as the name suggests it has broader social benefit as well as improved innovation process. The real opportunity that these new technologies and business models
Case #6 – Siemens Enterprise Communications facing ‘open competition’
Having barely been able to hold back for five postings, it’s finally time to begin tooting my own horn – but not only because I think Competition from the Commons? Siemens Enterprise Communications and Asterisk (Case 308-388-1 at