Summer is well and truly underway, and attention now turns to vacation time, long lazy days on a palm-tree fringed beach lapped by pristine waters. When you’re not sipping cocktails or splashing around in the surf, you may well want to have your nose in a good read. So, to keep the old grey matter ticking over during your time off, here are some awesome summer science reading recommendations:
If one or two minds can solve complex, seemingly intractable problems, just think what hundreds or thousands of brilliant brains can achieve. The potential and power of the crowd may well be helping companies to drive up their profits through innovations, but the paradigm is also one of the proven methodologies being used to tackle complex social issues and humanitarian problems.
IdeaConnection’s solvers recently supplied Chemists Without Borders with a number of novel solutions to help mitigate problems caused by arsenic poisoning in Bangladesh. But a little look at the crowdsourcing landscape will reveal numerous examples of the crowd being put into action for the common good.
The failure rate is high but the fixes are simple and intuitive. In this two-part article series Paul Wagorn, President of IdeaConnection draws on his extensive experience of open innovation to discuss the problems with OI portals and how they can be remedied.
Connecting to a world of knowledge has never been easier. The ability of the Internet to harness expertise from all parts of the planet in a wide range of fields is allowing companies to augment their talent base with the knowledge, skills, experiences and points of views of others. (more…)
Open Innovation, loosely defined as seeking solutions outside your company, can help a company dramatically increase its technology and product pipeline, but it is not without its challenges. In this article, we explore a major obstacle that can impede the success of an open innovation based project, and how to remedy it.
I have seen and been involved with hundreds of open innovation projects. Many of these projects succeed, and help the company push through major obstacles to be able to release a disruptive new product or technology. But some fail – and one of the biggest reasons for failure is a lack of full commitment from the stakeholders in the project. (more…)
How is it possible that IdeaConnection is able to put together a team of 5 people who don’t know each other to solve a problem that seems out of reach to a company’s 5000 dedicated researchers?
A look at what goes into IdeaConnection’s amazing success at solving some of the most difficult problems. By Paul Wagorn, President of IdeaConnection.
Innovate or die
Most medium to large sized companies bear an unrelenting pressure to continually release new products to fill market gaps, build up their technology pipelines and maintain a constant flow of new, proprietary intellectual property. (more…)
What are the challenges of using the crowd to find solutions to technical problems, and how can we overcome them?
By Paul Wagorn, President of IdeaConnection
Loosely defined, crowdsourcing is a term used to describe using an open contest or crowd of people, all contributing to solve a problem or get something done. The term was coined by Jeff Howe in Wired Magazine in 2006, and was officially added to the Oxford Dictionary just last year in its June 2013 update.
The premise (and promise) or crowdsourcing is that it allows organizations to solicit the ‘wisdom of the crowd’ by connecting to a large number of people who share a common goal, all at once. (more…)
Here’s a bit of crowdsourcing fun for your weekend. Help NASA by taking part in its crowdsourcing initiative to pick the design of a new spacesuit.
The space agency has selected three design options for the cover layer of the next-generation spacesuit platform. The style that garners the most votes may be tested on future astronauts.
Maybe this has happened to you. Scanning online shopping sites, you come across the perfect outfit or item of clothing, order it and eagerly await its arrival. When the package turns up you find the dress, jersey, shirt or suit either too large, too tight or too small.
You had filled in your details correctly, but with some brands offering dozens of different sizes, and the colossal variation of body sizes/types, it’s rarely easy to find the perfect fit.
However, crowdsourcing may be coming to the rescue with an ingenious use of the practice. Currently in private beta is a service called Fitbay that is aiming to only show users items that will fit their unique body type.
One of the world’s most prominent pharmaceutical companies, AstraZeneca plc has launched a new open innovation platform that it says will make it easier for scientists all over the world to access the organisation’s OI projects.
With goals of new drugs, faster development times and lower costs, the pharmaceutical industry is keenly embracing open innovation. The pipeline has to be continually replenished so R&D output needs to be ramped up, something that many companies feel they now cannot do on their own.
Open innovation can be a gateway to breakthrough products and ideas for companies no matter their size or industry. From novel food products and clean energy solutions to new laundry goods and crowdsourced cars, the roster of open innovation success stories is long.
The solutions, companies and industries may well be different, but what unites them is a willingness to engage diverse knowledge sources, and a steadfast refusal to be stuck in a rut with a ‘not invented here’ mindset.
Here’s a small collection of some of the open innovation success stories we have featured on ideaConnection: (more…)