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Teaming up on Open Innovation: art or science?

Earlier this week, ABN AMRO, released a report on Open Innovation, titled “Teaming up on Open Innovation: art or science?”. Although solely released for the food sector, it explores Open Innovation theory from a new and interesting perspective. The report is authored by prof. dr. Omta (University of Wageningen), dr. Fortuin (Food Valley) and drs. Dijkman (ABN AMRO). The core of the article consists of 5 key elements: the critical [&hellip

Connect and Develop: Inside Procter & Gamble’s New Model for Innovation

Connect and Develop: Inside Procter & Gamble’s New Model for Innovation (Larry Hurston & Nabil Sakkab)   Procter & Gamble has operated one of the greatest research and development operations in corporate history. But as the company grew to a $70 billion enterprise, the global innovation model it devised in the 1980s was not up to the task. CEO A. G. Lafley decided to broaden the horizon by looking at [&hellip

Primer on “open innovation:” Principles and practice

(Michael Doherty) First it was phase-gates, then portfolio management. Now “open” models of innovation are the next major wave in helping companies to take innovation and Product Development to the next level. In this article, the author provides an overview of the principles of open and collaborative innovation, as well as best practices for successfully implementing them in your own company

Open innovation: symbiotic network. Knowledge circulation and competencies for the benefit of innovation in the Horticulture delta

(W. Maijers, L. Vokurka, R. van Uffelen & P. Ravensbergen ) In recent years the Dutch glasshouse horticulture cluster has undergone major changes within the development fields: market, society and technology. Traditionally the cluster has been supported by a powerful triptych of research, information and education. The removal of this triptych in the early 90’s gave rise to the question of what is the most suitable knowledge & innovation network [&hellip

Creation nets: harnessing the potential of open innovation

John Hagel describes in this article the concept of “Creation Nets”. These innovation networks are coordinated by a network orchestrator. Also called ‘strategic centres’, these gatekeepers facilitate knowledge sharing among network members and define governance processes as to minimize free riding in the network. Hence, they coordinate dispute solving and provide guidelines for cooperative behaviour. http://www.johnhagel.com/creationnets.pdf

Smart Spenders

A select group of the world’s 1,000 largest corporate R&D spenders perform significantly better than their competitors over a sustained period while spending less on R&D than their industry rivals, according to management consulting firm Booz Allen Hamilton’s second annual global innovation study.  The study found that although R&D spending of these 1,000 companies rose last year by more than $20 billion, money simply can’t buy effective innovation.  However, a [&hellip

Managing technologies in Research Organization: Framework for Research Surplus Portfolio

In the article by Sari Viskari and Marko Torkelli of Lappeenranta University of Technology, titled “Managing technologies in Research Organization: Framework for Research Surplus Portfolio”, the concept of Research Surplus Portfolio (RSP) is constructed based on literature with regards to intellectual capital management and portfolio management. In addition, tools and techniques for the evaluation of surplus technologies are identified. This paper is part of a project to find innovation practices [&hellip

Open Innovation Models and the Role of Knowledge Brokers

In this article, published in the Inside Knowledge magazine of March 2008 (http://www.ikmagazine.com/), Milton Correia de Sousa introduces de concept of knowledge brokers and how these can increase the effectiveness of open innovation processes. The article starts by explaining how the movement from internal R&D to external connect and develop opens the door to companies – large and small – to reach beyond their core competencies to remain competitive in [&hellip

Managing Open Innovation – Present Findings and Future Directions

This report aims at giving an overview of the emerging research field of open innovation in a phase that is still very fluid. The purpose of this report is to depict the major tendencies of publications through identifying the main themes in literature and investigating the research frontier. It also aims at discussing potentially important fields of investigation that are still left rather unexplored. This report builds on two main [&hellip

The Next Step in Open Innovation

The Internet and new social-networking technologies are allowing companies and their customers to interact with unprecedented levels of richness. Cocreating products and services with customers, however, is uncertain territory fraught with challenges and questions-for instance, who owns the resulting intellectual property? Read this article from the Mckinsey Quarterly

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