Open Innovation: What It Can Mean For Your Company

Open Innovation: What It Can Mean For Your Company

By • on July 10, 2020

The Namabia Economist website posted an article which noted that a practical example of Open Innovation (OI) is from NASA, which adopted OI to build a mathematical algorithm that can determine the optimal content of medical kits for NASA’s future manned missions. In order to reach an innovative software that can solve this problem, NASA collaborated

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GE: How to Join Open Innovation Now

GE: How to Join Open Innovation Now

By • on May 30, 2017

The Industry Week website reported that General Electric’s GeniusLink is the internal profit center coordinating all open innovation efforts for GE, and non-GE organizations that choose to work with them. The company has developed FUSE, a platform similar to that of NineSigma Innocentive, TopCoder,

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Current State of Open Innovation

Current State of Open Innovation

By • on April 2, 2014

The Innovation Excellence website reported on the recent Open Innovation forum in Baltimore, saying that it showed that OI is in a healthy state. While there is nothing truly revolutionary, the picture is one of good solid progression and increasing adoption, with continuing promise for the future.

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Open Innovation is Solving Some of NASA’s Trickiest Problems

Open Innovation is Solving Some of NASA’s Trickiest Problems

By • on April 8, 2013

The Knowledge@WhartonToday website reported that Dr. Jeffery Davis, responsible for human health issues in space for NASA, has implemented a culture of open innovation not only among his own staff, but throughout the entire agency. Utilizing multiple crowd-sourcing platforms, Davis has proven to colleagues

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Open Innovation: Creating Through Community

Open Innovation: Creating Through Community

By • on July 17, 2012

An article on the crowdsourcing website draws lessons from Henry Chesbrough’s 2006 book “Open Business Models,” in which he describes a rising field of companies which specialize in innovation. He calls these companies “innovation intermediaries.”  There are many kinds

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