Making Open Innovation a Success

Making Open Innovation a Success

By • on June 11, 2015

The Tech World website noted that while the term “Open Innovation” has been evangelized since first being coined in 2003 by Henry Chesbrough, it’s particularly relevant today. The increase in computing power, access to cloud infrastructure, open sourced code and platforms, coupled with other technology advancements have reduced the barriers to

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The Future: Share with Your Customers

The Future: Share with Your Customers

By • on May 20, 2015

The Venturebeat website reported that according to recent research by OpenMatters and Wharton Business School, companies that share insights and economics and co-create with their network of customers, employees, investors, retailers, and suppliers are worth 2-4 times more than companies with other business

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How Anyone Can Turn Into A Creative Genius

How Anyone Can Turn Into A Creative Genius

By • on May 6, 2015

The Huntington Post noted that many corporations are using  open innovation to get new product ideas or find solutions to problems. Procter & Gamble is one of the most experienced and long-term leaders of crowdsourcing. In 2001, it launched a platform called “Connect + Develop.” This

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Taking the Fast Lane With Open Innovation

Taking the Fast Lane With Open Innovation

By • on April 14, 2015

The Baseline website noted that open innovation is helping leading enterprises address many challenges. Using open innovation organizations can leverage external technology, solutions,  and knowledge capital from startups, universities and other research organizations early in their innovation process.

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New Frontiers in Open Innovation

New Frontiers in Open Innovation

By • on April 13, 2015

The Exnovate website posted an announcement of the new book, “New Directions in Open Innovation” edited by Henry Chesbrough, Wim Vanhaverbeke and Joel West. The  book seeks both to integrate a decade of prior research on open innovation and to engage the academic community in fostering new

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Global Developers Solve Local Woes With OI

Global Developers Solve Local Woes With OI

By • on January 29, 2015

The Times of India reported that Mumbai’s crippling monsoon woes, dangers lurking on Delhi’s congested roads and access to healthcare in Tamil Nadu’s hinterlands all have one thing in common — Open Innovation.  Tech innovators from around the world came together to crowdsource,

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Federal “Open Innovation Toolkit”

Federal “Open Innovation Toolkit”

By • on January 28, 2015

The Federal Times website reported that federal agencies are increasingly using the power of the crowd to help provide mission-critical services or conduct widespread research agencies could not have done as quickly — or at all — on their own. In response to the growing use of crowdsourcing in mission-critical

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Big Data Challenges Can Be Solved Through Open Innovation

Big Data Challenges Can Be Solved Through Open Innovation

By • on December 10, 2014

The Database Trends and Applications website reported that The U.S. Department of Energy has awarded IBM contracts valued at $325 million to develop and deliver advanced “data-centric” supercomputing systems. “We believe the big data challenges can only be solved through open innovation,”

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NASA Open Innovation Services

NASA Open Innovation Services

By • on December 9, 2014

The SpaceRef website reported that NASA plans to issue a Request for Proposal for NASA Open Innovation Services (NOIS). The requirements under this contract include plans to procure commercial crowdsourcing support and open innovation platforms which provide the capability to publicly post challenges

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OI: the business world’s modus operandi?

OI: the business world’s modus operandi?

By • on December 4, 2014

An article in the Times of London noted that asking customers to collaborate via open-source projects — those in which people outside the company directly help shape products and services — could one day eclipse traditional focus groups. Open innovation, a term coined by American Henry Chesbrough,

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