Why The Future Of Innovation Is Open
The Inc. website reported that with the growth of technology and new ways of working, innovation is playing a huge role in the workplace. The most successful organizations are those that can prep for the future and push the envelope creatively to find the next innovative idea. But what if how we have been thinking about innovation is all wrong? Open
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Open Innovation vs. Closed Innovation
The Garwood Center for Corporate Innovation posted a blog which noted that while PARC was focusing on the internally focused Closed Innovation paradigm, the greatest technological achievements that emerged from PARC, by contrast, could only take root – and create real economic value – when pursued
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Transparency: Key to Open Innovation
The R&D website noted that in the past, many organizations used open innovation as a “fix” when their R&D bench hit a roadblock or ran out of time. Increasingly, though, significant players in their industries such as General Electric, Mondelēz International, Johnson Controls and Siemens
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Open Innovation: What Organizations Should Be Doing
The Forbes website posted a podcast of an interview with Stephen Hoover, CEO of PARC. Hoover talks extensively about Open Innovation in the workplace which he believes is a “contact sport.” Open innovation is a very interesting topic and he gets deep into what it is, why it’s happening, the trends
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Why Internal Ventures are Different From External Startups
The Huffington Post website posted an article by Henry Chesbrough in which he noted that the question of how corporations can be more innovative is one he has wrestled with for a long time. Recently, Steve Blank, Alexander Osterwalder and Chesbrough have started sharing notes, ideas and insights on this
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Cleantech Open Accelerates Clean Innovation
The Sacramento Bee reported that the Cleantech Open, an innovation accelerator, is partnering with PARC, a Xerox company, to promote the formation and development of cleantech startups. PARC is now a National Sponsor of the Cleantech Open, and plans to work closely with the Cleantech Open to create
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The Thinker Interview: Henry Chesbrough
Forbes India published an interview with Henry Chesbrough, who is considered the father of open innovation. In it he discusses the development and evolution of open innovation, open business models, open services innovation, innovation communities, some of the barriers to open innovation, open innovation
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PARC on Open Innovation
The Harvard Business Review notes that the concept of open innovation has moved from business phrase to business reality over the last ten years. When PARC became a for-profit subsidiary of Xerox to practice open innovation in 2002, Henry Chesbrough
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PARC: Being ‘Open’ Powers a New Business Model
The realbusinessatxerox blog notes that Xerox did something bold 10 years ago when it incorporated “Xerox PARC” as the independent subsidiary known today as “PARC, a Xerox company”. By opening the Palo Alto Research Center up as a commercial business that could work with many
PARC Showcases Open Innovation Business Models
The Artstechnica website reported on an event celebrating the 10th anniversary of PARC to commemorate the company’s first ten years of independent operation. In 2002 Xerox incorporated PARC as an independent, wholly owned subsidiary, shifting the R&D pioneers toward an open innovation business