Creating Value Through Business Model Innovation References (28) 1. “Business 2010: Embracing the Challenge of Change,” white paper, Economist Intelligence Unit, New York, February 2005, p. 9. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. www.betterplace.com. 22. 23. 24. 25. 26. 27. Show All References Open Innovation and Regional Economic Development Hypothesis: If Pittsburgh knew what Pittsburgh knew, it would be unstoppable. The amount of research and development talent in Western Pennsylvania -- in universities, government-sponsored research enterprises, and corporate R&D facilities, not to mention small labs, garages, and studios -- is extraordinary. There are an awful lot of great people in town doing an awful lot of great, innovative work. But too often, they don't know each other, and for want of collaboration, great innovations go undeveloped or are underdeveloped. Innovator #1 and Innovator #2 may each have a critical piece of an innovation marriage made in heaven -- but those two people may occupy different innovation spaces altogether. Can the idea of Open Innovation help solve some of this complex coordination problem? There are some modest examples of related things already in place. The Innovation Access Network is an imperfect thing (aren't they all?) So: How might Pittsburgh improve on this?
yourencore.com The Truth about Innovation Innovation is a fancy word. We therefore expect it to be well dressed, smooth talking and brilliantly executed. We like the good things in our lives to be clean and shiny. But breakthrough innovation is not smooth. Portrait of an Innovator Linus Pauling was an innovator of historic proportions. One of his earliest and greatest breakthroughs was the discovery of the structure of hemoglobin. He was the most celebrated scientist of his day and a shoe-in for the Nobel Prize, which he first won in 1954. It was, in fact, two unknown postgraduates at Cambridge named Watson and Crick who utilized x-ray diffraction analysis to discover the helical structure of DNA. Testing and Learning The example of Watson and Crick is not uncommon. However, they also usually fail. Venture capitalists understand this. The reason is that prediction is difficult, for a variety of reasons. The Difference Between Strategy and Innovation Innovation has nothing to do with overall direction. - Greg
blog - collaborate to innovate: ECONOMICS of open innovation What ROI at what RISK? – every investor’s top question! With respect to open innovation, the same question gets rephrased as below … a) What is the cost of doing ‘open innovation’ vis-à-vis strictly ‘in-house innovation’?b) Opening up for innovation is new for me, and new things carry more risk, can I predict my return-on-investment?c) How can I have a control over people not on my payroll? So how are the various aspects of collaborative innovation fair when it comes to the all important, COST? COST FACTOR 1: By far the most favorable advantage open innovation carries is ‘Pay for real outcome not for trial and error.’ This is a huge cost saving, and a simple logic. A must ask question is “Then who pays for the effort which does not yield desired results”? COST FACTOR 2: Benefit from what is yours, in-house. COST FACTOR 3: Avoid risk of not completing the first, fifth or the last mile of your idea just because you do not have a person who can travel that mile for you.
Strategic Innovation Management, Expertise Profiling & Competence Mapping, and Calls for Expertise for Business Development & Open Innovation X-Search is a worldwide expert search engine that provides identification of scientific and technological experts around the world. You have a business need that can be addressed by scientific expertise? One of your products could benefit from a new extension requiring a new technology? Its costs could be optimized by applying a new production technology that you do not yet master? X-Search is free. Just go to presans.com/x-search and start using X-Search for free. There is no catch. Login and start finding experts using the search bar (presans.com/x-search): enter keywords to describe the need that you want to address with scientific expertise. The free version of X-Search interfaces allows for keyword-based queries. plasma physics, space propulsion is equivalent to the logical expression: (plasma and physics) or (space and propulsion)"plasma physics" is equivalent to the logical expression: the exact sentence “plasma physics” No. Yes and No. Yes, we also index publications in French.
Digital Tonto Open Your Innovation - just another blog about Open Innovation by PRESANS