Authors and thought leaders, submit your scholarly and informative articles about innovation. Add them to your Innovative People profile, or submit them independently. Add original articles, or link to content already available on the internet.
Most entrepreneurs dream of making the kind of disruptive innovation that not only lifts their business but also changes the world. Apple’s iPod and the iTunes service changed the music industry. Netflix changed the movie rental business. Starbucks changed coffee from a beverage to an experience. Each of those companies started out as a small business with a big idea.
But innovations can also come in baby steps. Consider incremental improvements which can extend the life of a product.
Our hiring philosophy is guided by two truths about the pursuit of growth through innovation and the market gap that lies between them. Central to our ambition is being able to consistently attract a unique group of people who are walking embodiments of this balance. To find them, we look for people who possess five key characteristics:
1. Intellectually Restless
2. Inspiring Rather Than Convincing
3. Proven Ability to Drive Innovation
4. Have Scaled a Peak
5. Willing to Commit to Something Bigger Than Themselves
Dr. Kikuo Chishima, a Japanese professor asserts that the 'energetic' or 'frequency information' of the food we eat is even more important than the nutrients. Food contains molecular compounds of amino acids, complex carbohydrate chains and various chemical elements, each having their own unique frequency or vibration.
It is the vibrations of the nutrients that raise the vibrations of the body's tissue. Pesticide and chemical laden fruits and
vegetables, as well as animal protein contaminated with antibiotics and growth hormones, have 'chaotic vibratory oscillations' that act to derail the high coherence of our nutritional energy needs. Thus, our food has to be in the utmost coherent energy state because that is what is taken into our cells in the form of biophoton energy. 'Energetic coherence' is of high importance.
Einstein is quoted as having said that if he had one hour to save the world he would spend fifty-five minutes defining the problem and only five minutes finding the solution.
This quote does illustrate an important point: before jumping right into solving a problem, we should step back and invest time and effort to improve our understanding of it. Here are 10 strategies you can use to see problems from many different perspectives and master what is the most important step in problem solving: clearly defining the problem in the first place!
If good managers hire people who are smarter than they are, does that make the CEO the dumbest person in the company?
While that question -- posed in a "Dilbert" cartoon -- might seem flip and irreverent, Brigham Young University professor Jeff Dyer uses it as an example of one of the four behaviors that form the secret sauce of being an innovator.
Welcome to the brave new world of Machine Beauty, where our new willingness to replace our limbs with superior prosthetic devices hints at our technological future as a species. Maybe futurist Ray Kurzweil was right after all when he predicted the merging of man and machine within our lifetime as part of the great Singularity.
The most important, most effective, most impactful brands are those that have put petty competition behind them and embraced collaboration as an operating principle--it is their core DNA. These brands are clear about their ambitions and are not shy about seeking out others who share those ambitions. And with these partners they will pool resources to create a better future.
For an organization to innovate effectively in the future, it needs to tap into its innovation legacy. Only by moving first backward can an organization move forward in developing new products and services.
Increasing productivity — making more with less — is at the core of any company or any economy's economic progress. From a societal view, productivity drives higher living standards and increases shared resources — for example, providing a government with more resources to invest back into its citizens. For a company, increasing productivity has the same result — increasing profitability that can either be used to increase the wealth of employees and shareholders or invest back into the future of the organization.
Given the global economic changes that began in 2008, we've been forced into a new way of working. Is your company burying its head in the sand, or taking the best that people have to give?
A novel technique for producing enhanced band width in micro and mm wave region of spectrum is presented. A new design of compact & broadband leaky wave dielectric resonator antenna is proposed using co-axially probe feed technique. Two different LWDRA are designed and their characteristic behaviours are compared. Finally, parametric study of Second Antenna has been done. With the proper design the resonant behaviour of the antenna is found, over which the leaky wave DRA produces extended bandwidth. Numerous designs for the LWRDRA are simulated and bandwidths exceeding 20% are achieved.
Open innovation will not only lead to new ways of making innovation happen. Innovation leaders and their executives will also experience side effects. I think most of these effects will be positive, but some will be mixed or perhaps even negative.
As innovation leaders and their executives implement open innovation practices, they can just as well start figuring out how to deal with side effects of open innovation such as described below.
What separates the great innovation organizations from the good ones? Simply put, it’s the ability to account for what I call the “pipeline paradox.”
Once a company decides on the ideas it wishes to pursue, it must invest more time, people, and strategic thinking to get them to market; this inverse relationship between number of ideas and the amount of resources is the pipeline paradox.
The Disney Way: Harnessing the Management Secrets in Your Company is the only Disney book cited in the article. The book was a Fortune magazine "Best Business Book of the Year" and cited as "so useful, you may whistle while you work." Author and management expert Bill Capodagli has a proven track record of implementing Walt Disney’s Dream, Believe, Dare, Do principles within organizations - from those as small as YMCA's Camp Kern to Fortune 500 industry icons such as Volvo.
In the April, 2012 article in Hispanic Retail 360 Magazine entitled
“Misguided Perceptions…Dare to Make a Difference”, management expert and bestselling author Bill Capodagli describes “misguided perceptions” occurring in Holland, Michigan – a town that ABC News announced as second on the list of “Top Ten Healthiest, Happiest Places in America.” (2010: Well-Being Index). Unfortunately, many of the Hispanics of Holland, Michigan seem to have been overlooked in this national accolade.
In December of 2010, Michigan.gov reported that Holland hosts the largest and fastest-growing young Hispanic population in Michigan. Yet, the perception that Hispanics are second class citizens is manifested in many of Holland’s educational institutions. Bill Capodagli provides real-life examples of how “misguided perceptions” have the potential to stifle many of America’s youth, especially those of color.
The article focuses on the powerful forces at work to combat these “misguided perceptions” in Holland, Michigan.
Is there a corporate leader who doesn't extol the virtues of innovation these days? Yet if innovation is so important, why do so many companies have so much trouble with it?
The reflexive response is that it is a human capital problem — that is, that most people just don't have what it takes to successfully innovate. I reject that view. Academic research in fact shows that almost anyone can become a competent innovator (with sufficient practice). I've seen countless examples of ordinary individuals displaying the creativity, ingenuity, and perseverance of the world's great innovators.
Those people can only be effective in the right context, but, ironically, many of the things leaders do to encourage innovation actually kill it. Look carefully at your company and you might spot one of four types of unintentional innovation assassins.
Eight factors are critical to the success of your organization's innovation efforts. Ignore any one of these important dimensions and you seriously risk the outcome of your innovation practices.
Open innovation (OI) is being adopted by market leaders such as 3M, Proctor and Gamble and IBM to assist in new product development, reduce R & D costs and solve problems. Outside sources of ideas can prove beneficial to organizations if proper systems are in place to efficiently screen, select and develop submitted ideas.
This paper describes how new software is being used filter high volumes of unsolicited ideas to rapidly assess value and select ideas to best fit a company's strategic direction. Because legal issues and IP protection are key concerns in using OI, this paper provides details on how e-Zassi software is being used to digitize the attributes and traits of ideas to securely collaborate.
Although working with people who are like us improves efficiency, and makes relationships easier, this “commonality” destroys innovation. Innovation is based on different and divergent points of view coming together to create something new of value.
If you want innovation to flourish in your organization, you need to find those individuals who complement your style and address your innovation blindspots.
The pace of technological change is growing exponentially. It took us 4600 years to get from the abacus to the iPad and in twenty more, it's likely we will be as far ahead of the iPad as the iPad is ahead of the abacus. We have mapped the genome, a multi-billion bit document inside of your cells. We are building machines at the molecular level. Technology isn’t growing a little each year; it is rocketing upward at a pace we cannot even understand. This article proposes that at this continued pace of technological advancement, we will soon have a world free of hunger, disease, poverty and even war.
An idea about developing a blade-less helicopter by adapting technology from the Dyson blade-less fan. This fan blows a smooth cool breeze by multiplying air blown through slits in its cylindrical opening. If the force which this breeze is blown can be stepped up, it might be possible to generate a blade-less thrust force capable of lifting a helicopter and, for that matter any other aircraft for which the technology can be adapted.
Although there are simple and cost effective ways to jumpstart your efforts – for example, leveraging a company like InnoCentive to host prize-based challenges in order to rapidly find solutions to your most pressing problems – leading organizations that wish to truly embrace open innovation and crowdsourcing do so through careful planning.
An important part of getting ideas across is finding effective ways to communicate.
As I look around the economic landscape in the United States and see a climate where not only home prices but also rents are falling in many geographies, especially as the results of an all-advised rental property construction boom become available, I find myself thinking that we are in the middle of a profound shift in the American reality.
Marc Halpern, Vice President of Gartner Manufacturing Industry Advisory Service, recently suggested that crowdsourcing could fix manufacturing. I caught up with Halpern to learn how crowdsourcing might work in the manufacturing industry, and what needs to happen to before it can gain widespread acceptance.
A great entrepreneur knows when it is time to step back and let the magic happen. Consider this: your business minus you---is it sustainable? A goal for any great invention should be self maintenance, can it exist without its creator? A great article on business innovation and entrepreneurial independence.
Three prominent professors at Wharton answer the compelling question, “Does Strategic Protection of Knowledge Undermine the Effectiveness of External Knowledge Sourcing” posed by three collaborative authors from collaborating universities. The report identifies standard practices used by innovators and encourages discretion in revealing proprietary information. The authors question the assumed more open innovation used by the public sector.
As an innovator, how much should you develop ideas before they are ready to bring to market? Using the film industry as a model, assistant professor of Harvard Buisness School Hong Lou shares her insights on the idea-sell process.
In this article she discusses the importance of the "idea" pitch. She also offers some guidance for those who are looking to successfully seek aid for developing their creative projects.
Innovation is the core to sustainability. Without innovation development goes stagnant. Innovation is the result of forward thinking and creativity; however, it does not always mean you need to start from the drawing board. Taking an old idea into a new territory is also a huge part of the innovation process. Sarah Krasley, a manufacturing sustainability manager, outlines the six questions that should be asked when revolutionizing an idea. She gives examples of practical applications of the act of re-imagination.
The author describes Cambridge University's development of a new solar cell, which speaks to the power of open innovation. This open innovation initiative is in groundbreaking territory in the field of energy.Cambridge established a skilled team of scientists and experts in the field of nanotechnology. Using information from the Cavendish Laboratory and collaborating with scientists from the University’s Department of Physics, Cambridge announced the development of a revolutionary solar cell that can harvest energy from sun. Solar panels have not been as successful as hoped, but the evolution of this new solar cell will result in attracting more energy and retaining the energy for longer periods.
Combining the attributes and aspects of certain ideas with other ideas is to creativity and innovation as sex is to biological evolution. The new ideas are not only greater than the sums of their parts, but they are different from the sums of their parts. George de Mestral, a Swiss inventor, invented Velcro by combining the ordinary zipper with burdocks. Johann Guttenberg invented the moveable-type printing press by combining the patterns of pressing grapes and the process of engraving on blocks of wood.
This article posted on the National Review Site supports the premise that successful companies create open platforms for other firms. These platforms can serve as a helpful base for distributors, marketers, investors and suppliers. Referencing the success of Apple in expanding its “i” products through other suppliers and marketers this is an interesting and worthwhile read.
The current state of education in America leaves something to be desired. In his article “Why technology and innovation are critical to America’s future”, Ben Bajarin says, "My key takeaway with regards to technology and education is that technology must be used as a tool to help educators. It’s a part of the educational process, but not the process in and of itself."
There is a train of thought that believes creativity is derived from tapping into the human spirit. Theorists refer to it as the “infinite intelligence” or the “pure conscious.” Essentially we are all familiar with it. It is the never ending train of internal thought constantly flowing through our brains.
Being creative is about being in touch with that part of ourselves and trusting in our own intuitions. When we use this narrative part of our brain, we are tuned into idea central which is where great innovation comes from.
In this article there are some great practices recommended that will allow you to get more in touch with the spirit of your own creativity.
Not all inventors are your typical university scholars. An innovator is someone who identifies a problem and works to find a solution. There are independent people who investing their own energy and resources to come up with new inventions.
An example of such a person is Gray Shepard. After coming up with the idea he began to develop a prototype in his garage. Completely outside of any institute of learning, Shepard obtained his own financing to work on this project.
Independent experimentation in innovation is not a new philosophy, but it still seems to go against the grain of traditional approaches to innovation.
Jim Carroll, an expert on innovation and keynote speaker, shares 10 great innovative ideas that you can implement into your workplace. He encourages companies to re-evaluate their thought process and try to adopt some new simple principles that will help encourage day to day innovative movements.
The insurance industry has a history of being hesitant to change. However, with an onset of technological advancements the industry is changing along with customer expectations. Insurance companies are beginning to look for more ways to improve the customer experience and to take on a competitive edge in the industry. Following an innovation model carved by the major banking players, insurance companies are recognizing an economic shift in the presentation of the services they offer. The need for a more user-friendly insurance has become apparent to the big players. In the next few years a curve ball of change will be hitting the insurance market, with some companies taking the risk of implementing changes immediately while the companies making slower progress may just sit back and watch what happens. One thing is for sure, it will be an interesting case study on the innovation of a vital industry.
In this paper from Harvard business school the concepts behind implementing open innovation, and setting boundaries that accommodate it, are examined.
The authors say that debates must move beyond open vs. closed boundaries to a point where firms simultaneously pursue a range of options for innovation and organizational design including open boundaries and open innovation. They say digitization and the increasing number of people who can participate in knowledge production at very low costs may lead to open innovation crowding out traditional forms of intra-firm innovation. This will have a profound implication for the design, boundaries, and identity of firms.
The process of brainstorming can at times seem like an old fashioned tool that has outlived its usefulness. Nowadays competition is a huge driving force in the workplace and therefore the idea that two heads are greater then one becomes a questionable theory. Many offices no longer nurture teamwork but rather encourage dog-eat-dog throat biting. Putting people in a room and having them “share” their best ideas to be critiqued openly is becoming less and less practical.
The other problem with “brainstorming” is the concept of “forced” creativity. It is actually less likely that the best ideas will come out when people are under pressure.
The authors explain the contrasts between traditional business practices or closed innovation and open innovation and open collaborations. There is a particularly interesting discussion about the contrasting organizational boundaries and organizational designs. The Harvard Business Review article suggests that open innovation is the perfect compliment to closed innovation.
This paper contrasts traditional, internal organization-centered models of innovation with more recent work on open innovation. These fundamentally different and inconsistent innovation logics are associated with contrasting organizational boundaries and organizational designs. We suggest that when critical tasks can be modularized and when problem-solving knowledge is widely distributed and available, open innovation complements traditional innovation logics. We induce these ideas from the literature and with extended examples from Apple, NASA, and LEGO. We suggest that task decomposition and problem-solving knowledge distribution are not deterministic but are strategic choices. If dynamic capabilities are associated with innovation streams, and if innovation types are rooted in contrasting innovation logics, there are important implications for the firm, and its boundaries, design, and identity.
Three Wharton Professors released a report on February 2, 2012, questioning the open innovation techniques used by Procter & Gamble’s Connect + Develop strategy. This innovative application has already led to several successful collaborations using external influences. The open innovation process brings products to market faster and less expensively than other strategies.
Open innovation allows product developers to “identify and gain access to relevant intelligence created by other organizations.” However, the Wharton professors advise companies and managers that open innovation comes with risk. Managers must establish parameters that protect the company’s internal information in these collaborations. Businesses should “access external knowledge and seek ways to protect their own internal knowledge.” The decision on what information will be withheld from open innovation is what composes the company’s culture.
Why Innovation is Important
The emphasis on the importance of innovative thinking in all aspects of business management has been pushed down the throats of society for some time. Why is innovation so important? What is this thing that is so often “talked about” but so vaguely defined?
Jeffrey Phillips one of the world’s leading innovation bloggers, attempts to better illustrate and simplify why there is a vital need for continuous innovation in business and technological development.
General Electric provides prospective collaborators with an overview of the countries participating in innovation strategies around the world. The GE Barometer is a useful tool in measuring possible partners for far reaching product development.
In the program, all countries are evaluated on seven independent innovative categories. The seven relevant categories:
· University-Industry Collaboration in R&D
· Venture Capital Deals
· Gross Expenditures on R&D
· Utility Patents
· STEM Education
· Business Environment
· High-tech Exports
At the end of each country’s innovation scorecard is a conclusion that includes some future projections. All the world’s established economies and the ever-expanding emerging markets are broken down and assigned a rating. There is a lot to learned from GE’s commitment to track innovation practices.
Collecting ideas, and brainstorming is part of exercising innovation- possibly the most important part, because an idea is the grounding that great innovation can be built upon. However, weeding through an abundance of creative ideas to land on a good idea can at times be a struggle. What makes a good idea? How do you determine what ideas your company should invest in.
Harvest business review contributor and instructor Scott Anthony offers up some useful tips in evaluating the value of a new concept- suggesting a three stage plan to help you better assess your ideas worth.
Success comes from re-invention, you do not always need to create something “new.” You just need to think of a “new-way” of doing things.
The world around us changes quickly, one of the greatest assets of creativity is the ability to “adapt”. Innovation is evolution, what is state of the art today can become absolute tomorrow. Its in your best interest to be the one ahead of the game.
Sharing his insights on progression and innovation, expert and keynote speaker, Jim Carroll offers up his motivational pointers on getting ahead and staying there.
Sharing from Scott Anthony’s book, The Little Black Book of Innovation: How it Works, How to Do It. - Matthew May shares the 7 vices faced by innovators, and values to actively avoid when innovating your company. Offering advice on how to avoid the detrimental trends of the innovation process- and keeping your head above the water when facing tough decisions. Identifying the greatest hurdles of creativity that can be easy avoided if you keep your direction on target.
With the current instability of our recovering economy, now is a good time to examine your own personal innovation abilities. Whether your comfortably in your current job, or looking towards the future- perhaps you are interested in stretching your entrepreneurial legs- now is a good time to be expanding a personal portfolio of innovation and creative thought.
Perhaps you are already an original thinker, and are in need of an outlet to practice your unique inclination towards innovation?
As part of the federal government’s open innovation initiative, The National Center for Standards and Information has established guidelines by which U.S. businesses can gain immediate access to technology and manufacturing initiatives and work in the 50 states and the 151 countries that constitute the World Trade Organization. This thorough booklet sites all standards and policies with which businesses seeking projects outside the US must comply. The White House is aggressively pursuing projects in other countries where US manufacturing can increase exports.
This policy statement gives insight into policies that the acclaimed Cedars-Sinai cardiology program is using to combat heart disease. Led by Eduardo Marban, a team of nine cardiologist, radiologists and cardiovascular surgeons and transplant surgeons is migrating from closed innovation practices to open innovation to help fight the growing frequency of heart episodes, which are now occurring every 34 seconds in the US.
With high profile graduates like Bill Gates and Mark Zuckenberg, Harvard University has formally embraced the marketplace of new technology, robotics, consumer health and just about any other innovative concept. In a Monday interview with CNBC, Harvard formally announced a new on-campus launch of a venture capital fund called The Experiment.
Harvard has welcomed home three graduates to provide venture capital for new entrepreneurs that do not have to attend Harvard to qualify for startup funding. The Experiment is housed at 33 Oxford Street, the home of Harvard’s School of Engineering and Applied Sciences.
Partners Hugo Van Vurren and Patrick Chung will work with NEA General Partner Harry Weller in an alliance to provide first stage venture capital. CNBC described the venture capital fund as an exciting statement of support for diverse entrepreneurial endeavors. The Experiment mandate is to encourage entrepreneurs regardless of age, sex, race or university alliance.
The Experiment is designed to encourage entrepreneurs to make use of the university’s unparalleled first stage developmental facilities. The firm strives to prevent great products from never coming to market. Successful applicants can receive up to $250,000 in initial funding.
A five minute video featuring Henry Chesbrough and Wim Vanhaverbeke who were commissioned by the Science Business Innovation Board to make a presentation at the European Commission’s Innovation Convention in December 2011. The purpose of the report was to encourage more open interaction on public policy initiatives among members of the beleaguered European Union. Any time Henry Chesbrough speaks, innovators should listen.
Make Room for Collaborative Innovation
The best design typically solves a problem, to be innovative in design first you must ask a question, and then the design will be your answer.
There are so many outlets for collaborative innovation in our modernized society. We are actually over saturated with new ideas and directions occasionally it becomes difficult to wrangle in and get to the solid bottom line creativity. Like i stated before, to land on a great design you first need to sort through various streams of thought and land in position where you are asking the “right” questions.
Doug Collins writes his observations on Applying Collaborative Innovation to Design Thinking,and shares his thought on hitting the right mark when utilizing collaborative ideas.
Innovation is the result of inspiration. Our day to day lives are riddled with opportunity for new innovations, and by tapping into the world around you and allow yourself to be moved by your imagination. Appreciating that the same stir’s of inspiration are happening within the minds of the people around you, and coming together in the process of creation is all part of the innovation movement. Sewing the seeds of modern ideas and forward thinking
In his personal blog innovation speaker Mitch Dikoff shares his observation on utilizing the natural resource of inspiration, and gives some advice on motivating people in your workplace to improve idea communication.
From Concept to Innovation
If you come up with a great invention but it has no purpose or possibility of pulling profit, is it really a great invention? Merely coming up with a great design but having no idea of what? or how? it will be utilized actually makes a great design- a useless design. A fantastic concept can easily become a floundering idea, if there is no forethought on where that idea can potentially go.
Emphasizing the importance of developing a business model and strategy for innovators author, and research analyst, Venkatakrishnan makes a strong argument about how to bring designers conceptualizations to the forefront of innovation and describes the varying dimensions of idea development. Five Dimensions to Conceptualize Your Idea to Make Successful Innovation.
This brief delineates the progression of open innovation since the concept’s originator, Henry Chesbrough, took his theory public in his 2003 book Open Innovation: The New Imperative for Creating and Profiting from Technology. The brief consists of flow charts and tables identifying the strength and weaknesses of closed innovation and of open innovation as applied to business management.
This is an important and thorough paper reflecting the result of a study of 1200 German innovation companies. The study reveals three key components that successful innovation companies all use. The article also provides interesting information about the revenues generated by open innovation companies compared to companies who practice closed innovation. The paper analyzes the interactions of 4 components of each company: Technology leadership, incentive system, research capacity, and cross-functional collaboration. The report is based upon results from personal interviews with 1170 German businesses.
This paper reveals the practice of open innovation to leverage both internal and external resources in the development of new products and technology. Prior to open innovation research and development projects were internalized or restricted by traditional models or closed innovation. With the surge in Internet activity, open innovation for R&D facilities has expanded to global networks. The article references changes at InnoCentive and NineSigma as models for open innovation.
The author analyzes the need for open innovation in the inspection and regulation of the oil and gas pipelines throughout the globe. The collaboration between Pipeway and Petrobras is used as an example of how companies can help each other, and reduce the chances of unforeseen pipeline bursts and corrosion. In the 19th and 20th century, most energy initiatives regarding environmental protection were closed innnovation initiatives. The author concludes that the time has come for more aggressive safeguard systems that require collaboration between companies.
Online and offline bullying is increasingly common among children and young adults. The consequences of unbridled bullying can be lifelong and include delinquency, drug addiction, crime and suicide. Bystanders are often reluctant to get involved. However, this apathy is like a fire to straw for the bully who thrives on the fear of his/her victim as well as the perceived helplessness of those who witness it.
This article outlines a simple strategy to bring bullies to justice and restore a communal sense of safety, dignity and trust in our local schools and communities.
A brief that describes the ongoing use of open innovation to promote safety in vehicles and in traffic management. The SAFER project commenced in 2009 and now consists of 24 partners, including Volvo, Chalmers, and Saab. This article addresses the working of the SAFER project as it applies to leadership. Open innovation has enabled this project but as the paper describes there is a need for structure in implementing open innovation. The collaborative advances by the group are listed.
Unique branding is what can make or break a company. How you present yourself to the public is a description of your innovation, and the face that the entire world witnesses. Clever branding is a vital component to businesses success. Smart Brands in a connected Age, offers advice on modern brand creation and how to create an innovative identity for your business.
Being innovative is not always about being logical. To come up with great ideas sometimes you need to be illogical and go against the grain to make new discoveries. Knowing that something is great without needing to explain why is a key characteristic of great invention. Adam Richardson, author of Innovation X: Why A Company’s Toughest Problems are its Greatest Advantage, writes an insightful article about post-rational thinking and landing on a great idea.
The US Department of Education acknowledges that the educational structure is ineffective. Hence, the department is receptive to open innovation initiatives. The broad objective is to find ways to keep students in school and to earn a meaningful diploma. Recognizing that the neediest families are in need of the most assistance, open innovation in education, Education Secretary Duncan supports more collaborative efforts.
This report analyzes the increasing use of open innovation in the field of Science. In particular, the authors discuss the successful use of crowdsourcing as a venue for open innovation which can be especially effective in the field of research. Collaborations between various fields of science such as computer science, psychology, sociology and artificial intelligence can make initiatives more extensive through the open innovation process. The authors have examined the way we currently use open innovation practices and the way the effectiveness of these initiatives can be increased.
This article is a collaboration between 4 professors at the MIT Sloan Management School. The well-researched paper is supported by Sloan surveys and information drawn from other sources.
The purpose of this report is to assist business leaders and Human Resource professionals to evaluate and encourage individuals’ talents through open innovation applications. Sloan is particularly interested in an IBM study which revealed that companies who use open innovation techniques increase the production of their talents by 57 percent.
Innovation expert Jim Carroll shares 10 great words you need for 2012 that will help you be at your best, and create unique and original ideas.
A report commissioned by the ESADE Business School & the Science I Business Innovation Board AISBL. The authors use new research and analysis on open innovation from numerous interviews. The timely topic makes recommendations to the European Union and identifies strategies the EU can use to grow the EU economies and the increase GDP. The article describes the charter for open innovation in Europe. A very compelling description of how Europe can move to untangle itself from the region’s economic crisis.
The author sets the stage for meaningful open innovation collaborations. Smith explains that collaboration is not a hit and run strategy. Rather, the initiative has several key components. If companies enter into a collaboration without definition of the objective and a multi-dimensional approach they will not succeed. The collaborative effort must set milestones, have a specific goal, and work under strict deadlines.
This recently updated report acknowledges the success of open innovation in the business management and product development sectors, but also builds a strong case for the use of open innovation in the service sector. The article is enhanced by an analysis of Michael Porter’s must-read Competitive Advantage. In the article, the Sloan Business School supports open innovation as a value chain. One interesting section is entitled Creating The Customer’s Experience: A Services Value Web.
Interesting insight from a man in the know of the European Commission, European Union and the euro zone. The author stresses the need for EU members to embrace open innovation in both the private and public sector. The article is timely for the troubled region which faces the greatest economic challenge since the euro zone members converted to a common currency. The author takes the reader through the psychological empowerment of open innovation and the boundaries for practical involvement.
In current time the IT based services demands , services deployment cost , scalability issues and many more constraints have paved the way for focusing on cloud computing. Cloud computing is the structure of a central server resources distributed on the platform scalable environment to provide "on demand" computing resources. In this research in detail the various structures of cloud computing are reviewed. The applications of these architectures are discussed for different areas of life. Also the different working domains of cloud computing architectures are summarized . The purpose of this research is to provide understanding to the students , professionals, developers and researchers about cloud computing.
In order for innovation in education to occur, educators must maintain open minds. Preparing for the future and redesigning their curricula to include the rapid expansion of technology, teachers are starting to see the need for fast paced modernization in the education system. New technologies open the doors to creative applications within schools. For this reason a re-imaging of the traditional education structure is necessary.
There are a handful of education experts who cling to traditional values. If there is not a noticeable re-evaluation of technology in the classroom the consequence will be felt by their students. Learning how to exist in a tech-driven society is now an essential skill, which is discussed in the article “How to Foster Innovation in Education.”
Innovation has become a cultural object: when techology gets obsolete, beauty brings protection.
New design frameworks have been crafted to reach this goal, leading to a culture of innovation, accelerating knowledge circulation, enhancing the collective and interactive aspect of design: designing "with" rather than designing "for".
To innovate is to change while remaining yourself: in this path, just like culture, innovation is never as strong as when it opens and connects.
A simple innovation, stacking tubs of shrimp on top of each other, have allowed shrimp producers to produce up to one million pounds of shrimp annually per acre of water. Dr. Addison Lawrence, whose idea will be used in production starting in 2012, claims the most effective ideas are often the simplest.
The author describes a meeting between students and companies that supports the MIT Media Lab. The investors met with the members of all ongoing projects and asked a variety of questions, especially in the application of technology in new products. One of the more enlightening conferences involved 4 panelists and a moderator who fielded questions about Open Innovation and Creativity. The occasion was the bi-annual meeting of members in the Media program.
An interesting compilation of conversations with the panel selected by the Media Lab at MIT. One particularly interesting question to the panel was from an entrepreneur who was concerned that if his technological breakthrough were posted in an open innovation dialogue, it would be used by Google and he would be back at square one. A panelist responded that ideas are cheap. People make money through execution, not with ideas.
Sven Andren is the mastermind behind the management program implemented at the Swedish MNC Tretrapak. In an informative interview regarding innovation in the workplace, he answers questions about how to approach creativity within the business setting. He offers insights based on his 35 years of experience in technology innovation.
This 51-page document addresses the core principles of innovation in an ever-changing society. The paper delves into the grey areas of the “knowledge” which drives the innovation engine. Various innovation databases and principles used in a number of scholarly innovation presentations and journals are identified, examined, and explained. This recently updated paper analyses the use of open innovation in various sciences, and explains the effectiveness of cross innovation. It also details potential challenges for innovation.
An interesting analysis and information paper about the characteristics which have enabled companies in different sectors to combine forces to create desirable and useful goods. One such collaboration includes the joint Hallmark – NineSigma, a Cleveland based technology firm, that resulted in popular technologically loaded greeting cards and books. Another featured company is Yamaha, which has developed an open portal for customers and company representatives to exchange ideas.
Open innovation is a well practiced innovation strategy. Companies can obtain a new source of knowledge beyond their own research and development structure.
This study describes the innovation techniques that Eli Lily has implemented in its June 2009 Phenotypic Drug Discovery (PD2), and describing their expanded open-innovation platform. This process now permits outside scientists to deposit molecules and have them tested free of charge. This new venture is called TD(2). Eli Lily is particularly focused on the fields of endocrinology, neuroscience, oncology and cardiovascular diseases. The Open-Innovation Drug Discovery Innovation combines the existing PD2 platform with three new programs.
There is always room for improvement. It is impossible to truly “master” anything, and the idea that “mastery” is even possible is a delusion.
Companies, no matter what level of success they reach, can always evolve and become more successful. Even when a process or idea seems like it has been perfected it also has become obsolete. The creative process is about revolution and change, and it is impossible to perfect something that is never the same twice.
In reply to the question “Can Master and Innovation coexist?” Jorge Barbra examines product re-invention and how the drive for mastery and innovation can work in each other's favor.
A position paper from the world’s leading media innovation center for interactive and linear digital entertainment for mobile and connected living rooms. The paper establishes open web standards. The media group describes the actions necessary to encourage the use of various sources to increase interactivity and social participation, including interactive cinema, gaming and much more.
Innovation works best when there is a strong driving force. Leadership and direction are essential when implementing new visions because they are the decision makers. In order for the creative process to occur somebody needs to set it in motion and guide its movement which makes the process smooth and on target. In most cases, innovation is the result of many minds working together. Somebody needs to be the mediator of information. Alexander Hiam, arthor of the article “How to Master Innovative Leadership,” discusses the role of strong leadership in the creative process.
In this power point presentation, the author uses examples of companies that have been successful with chemical innovation to outline an open innovation program in Europe. The author uses tables and flow charts to describe how the collaborations would work. A quick and easy read that may benefit companies doing business in Europe.
Another collaborative work published in the Harvard Business Review. The authors establish that the interaction between first-party content and two-sided platforms are a delicate mix involving two key factors. These keys are the nature of buyer and seller expectations and the expectations of third party contributors. In fact, the failure of first party developments often brings additional third parties to the table. Establishing a working model with defined boundaries can help all parties arrive at the same guidelines.
The author is a managing partner of the 90:10 Group. His paper discusses the use of open innovation in developing products in a recovering economy. The article centers around information gained through a survey performed by the Harvard Business School. The informative study is entitled, “Closing the Gap: How Companies Achieve Smarter New Product Development and Make Better Decisions with Technology.” According to the study, “Opening the business, be it internal collaboration between departments or involving external stakeholders, is becoming more and more important. Open innovation is not an option anymore but a requirement.”
This article describes the evolution of open innovation as a global strategy. The article is based upon the innovation practices of two Swedish manufacturers who have not been as successful in implementing ways to effectively participate in Innovation collaborations. Of particular interest to the authors is the impact open innovation can have on Small and Medium Enterprises (SME’s). The authors explain why innovation is more effective when customers and universities are included. Open Innovation is less successful when suppliers are involved.
The author depicts the collaboration of the University of California San Diego and Pfizer’s Centers for Therapeutic Innovation (CTI). The collaboration between the two innovators will put more than $50 million in the university coiffures. Under the terms of the collaboration, Pfizer agrees to share it library of antibodies and technologies. This is an expansion of the 2010 Clinical and Translational Research Institute (CTRI) initiative.
The creative right-brained individuals tend to make the best innovators because of their abilities to come up with unique ways to approach varying scenarios. There is strong research that supports the concept that people with certain natural traits are occasionally more prone to be imaginative individuals. However, unlike intelligence that is thought to be genetic, creativity is more of a skill that can actually flourish when practiced regularly.
In this excerpt from the book "The Innovators DNA", five important skills for innovative thinking are recommended, to help fine tune a person's creative process.
Ask not what you can do for open innovation, ask what you can do for innovation. This NY Times article depicts the success that many small entrepreneurs have had posting their ideas for open innovation participation. Specifically, the article describes the collaboration between a 56-year old entrepreneur and Edison Nation, a Charlotte based firm.
An article from the founder of Open Innovation, Harvard professor Henry Chesbrough, on the crisis facing pharmaceuticals. With $50 billion in expiring patents the industry is struggling to develop new pharmaceutical products. The stakes are high for the corporations, employees, and the practice of medicine. Chesbrough relays how open innovation should be used to accomplish industry goals.
Doctors said to me that is too late to save my teeth and the only solution is to extract them and replace them by implants or denture. This motivated me to investigate why this happened to me and others.
I found three reasons.
1. Teeth are actually not as clean as we think even by cleaning them twice a day using the best tools available on the market – see pictures # 2 and 5
2. Toothpaste and mouthwash are not as effective as producers claim – see: Bacteria activity test.
3. Dentists do not clean ours teeth perfectly – see par.3
Chris Smith writes that the secret weapon in bringing financially strapped state and municipal governments to more sound policy is to lessen the rhetoric and amp up the open innovation portal. In the past, political bookkeeping has lost credibility as it seems the true financial picture is not presented to the public. Smith’s perspective is that through open innovation the citizens and government can jointly develop practices that will balance the budgets.
The Internet kinda sucks. Don’t get me wrong, I love the Internet. It is the greatest invention since at least movable type and perhaps since writing itself. But it is still so primitive that it is barely past the “stone knives and bear skins” stage of technology.
The customer is the most important component of product innovation. Making sure that the voice of the consumer is being heard ensures that the product is fulfilling the needs and wants of the market. Identifying the new opportunity within the customer base will drive success, and allowing your target market to participate in the change will create a sense of product loyalty. A great way to test a re-design is to allow non-customers to be your critics,. If you can win them over you are tapping into a new realm of success. Think of the marketplace as a mutually beneficial ecosystem where one could not exist without the other.
An interesting presentation about Henry Chesbrough’s Open Innovation concept and how educators can improve their effectiveness by implementing OI practices. Santos describes interaction portals with international entities. The author alludes to the use of social media to drive the engine for educators entering OI.
A video of Carlos Oliveira Santos’ speech from the TEDxEdges 2010 meeting. The speaker discusses concepts and practices used in open innovation educational projects that resulted in award-winning designs for his students in Lisbon.