A Kickstarter Approach to Science

A Kickstarter Approach to Science

By • on September 6, 2015

The Macleans website reported that over the past 15 years, Massachusetts-based InnoCentive—one of a cohort of companies in the business of open innovation has attracted 350,000 solvers from nearly every country on the planet. These bright minds have submitted roughly 40,000 answers to more than 2,000 challenges in engineering, math, chemistry, life

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Open Innovation Research

Open Innovation Research

By • on June 9, 2014

Violeta’s Blog website noted that due to it’s applicability, open innovation is being rapidly integrated within the business world, but it is also drawing interest in scientific circles, which are applying systematic research to fill in the gaps in understanding, behavior, and nature of

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Implementing Open Innovation

Implementing Open Innovation

By • on March 17, 2013

The Crowdsourcing website notes that as knowledge is widely distributed across the external environment, many companies have opened up their innovation process to gain access to the expertise of external parties and existing knowledge from different domains. While earlier literature has demonstrated

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Ohio State Government Promoting Open Innovation

Ohio State Government Promoting Open Innovation

By • on February 15, 2013

The Crowdsourcing website notes that for companies looking to thrive, innovation is a must, especially for those that rely on advanced technologies. Governments recognize this and promote innovation through things like research and grants, but few have gone as far as the Ohio state government to promote

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Choosing the Right Approach to an Open Innovation Strategy

Choosing the Right Approach to an Open Innovation Strategy

By • on January 28, 2013

The Smart Blog on Leadership website notes that open innovation is a business strategy to advance technology by fusing external ideas and products with internal research and development. It is a way for businesses to minimize costs and create products more efficiently. However, choosing the right

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