IdeaConnection Innovation
BLOG

Journal to Mark 10 Years since Chesbrough’s Milestone OI Book

Mar-14-12 By IdeaConnection
To acknowledge the tenth anniversary of the publication of Henry Chesbrough’s landmark tome Open Innovation: The New Imperative for Creating and Profiting from Technology, the journal Research Policy is going to publish a special edition intended to update research on the area.

The issue entitled Open Innovation: New Insights and Evidence will be published some time in late 2013 and the guest editors are Henry Chesbrough, Ammon Salter, Wim Vanhaverbeke and Joel West.

Crowdsourcing University Technologies with New Website

Mar-11-12 By IdeaConnection
Have you got any ideas about what to do with reconstructed active enzymes from four-billion-year-old extinct organisms, or silver ink pens that write electric circuits?

A new open innovation website, called AlliedMindStorm.com is inviting members of the public to crowdsource ideas for new commercial applications based around existing technologies.

Skin Care Company Gives a Big Thumbs Up to Open Innovation

Mar-09-12 By IdeaConnection
Global skin care company Beiersdorf has given ringing endorsements to open innovation and the way social media is affecting how business is being carried out.

The announcement came as part of the firm’s first birthday celebrations of ‘Pearlfinder’, its open innovation platform that encourages external players to share their ideas and solutions.

Crowdsourced Map Reveals Booming Technology Sector in Africa

Mar-07-12 By IdeaConnection
African technology entrepreneurship has enjoyed a 300% growth according to the first ever on-line map of Africa's technology hubs, business incubators, hacker spaces and university technology hubs.

The figure represents a threefold increase on what ‘industry insiders’ had previously believed was the true number.

Last Minute Preparations for Zazzle Finalists

Mar-05-12 By IdeaConnection
It’s a nail-bitingly exciting time for the five Zazzle Million Dollar Open Innovation Challenge Finalists as they wait to see which one of them will walk away with the valuable prize on March 22.

The competition was launched late last year and is a search for the world's next big customizable product.  It’s being organised by custom products platform Zazzle, MIT's Smart Customization Group and UC Berkeley's Center for Open Innovation.

General Mills Adopts New Open Innovation Approach

Mar-02-12 By IdeaConnection
With its Worldwide Innovation Network (G-WIN) to tap into talent wherever it may be, General Mills is one of the most prominent proponents of open innovation.

But it doesn’t rest on its innovation laurels and continues to look at better ways of using external expertise to move its projects forward more efficiently and effectively.

To these ends it has announced a new method to accelerate the pace of its innovation; a step-by-step approach called the “X3 Process”.

New Report: Crowdsourcing Enjoys Spectacular Growth

Feb-29-12 By IdeaConnection
The first comprehensive report on the enterprise crowdsourcing industry has revealed it to be in a very healthy state. The study was compiled by research firm massolution and collected data from 32 Crowdsourcing Service Providers (CSPs). The results revealed that crowdsourcing continued to demonstrate growth in 2011, with revenues increasing over 75% when compared to 2010.

China Should Accelerate the Pace of Open Innovation According to World Bank Report

Feb-28-12 By IdeaConnection
The speed with which China is changing is breathtaking. The world’s most populous country has the planet’s fastest growing economy and is undergoing what some commentators have described as a second industrial revolution.

To help its transition to a market economy a new research report calls for a shift in China’s development and growth model.

It lays out six strategic directions for the country’s future which includes accelerating the pace of open innovation.

Crowdfunding: The Road Tour

Feb-26-12 By IdeaConnection
It may not be rock and roll, but Grow VC is going to take to the road next month in the hope of recruiting a bunch of new crowdfunding fans.

From 9th-11th March the community-based platform dedicated to entrepreneurs and investors will be driving its tour bus round Austin, Texas to coincide with The South by Southwest® (SXSW®) Conferences & Festivals.

How Open Innovation Can Help People Living with Diabetes

Feb-25-12 By IdeaConnection
"Offering a $100,000 prize has yielded ideas in six months that would have taken four to five years to develop at ten times the cost."

That’s the verdict of Sanofi's Dennis Urbaniak, VP US diabetes who was commenting on his company’s previous open innovation competition that generated a wealth of ideas.

The multinational pharmaceutical company is hoping for more of the same this year, as it has just launched its second Data Design Diabetes Innovation Challenge contest.