Tag Archives: Open Innovation Tools

3 Ways to Boost Innovation through Diversity

Have you ever heard about Employment Nondiscrimination Acts (ENDAs)? I suppose not. An obscure and boring subject. And yet, you might be surprised to learn that ENDAs, the U.S. state-level laws that prohibit discrimination based on sexual and gender identities, … Continue reading

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Opening open innovation toolbox

Proposed by Ralph-Christian Ohr model of integrative innovation management is a set of practical recommendations helping firms adopt a disciplined approach to innovation. Central to the model is the idea that firms must build a balanced portfolio composed of both exploitation and … Continue reading

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A map of open innovation tools

Open Innovation (OI) has made tremendous progress, both in theory and practice, since its major principles were articulated by Henry Chesbrough in a seminal 2003 book. Today, much better than in 2003, we understand OI’s value proposition, its governance and … Continue reading

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A house with a roof but no walls

Back in 2005 or 2006, I was on a business trip in Germany. One night, I was having dinner with a business partner of mine, an innovation manager at a large German chemical company. We chatted about this and that, … Continue reading

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Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

(A version of this article was originally posted to the Qmarkets blog) The unprecedented shock caused by the COVID-19 pandemic has forced many organizations to change the ways they do business. Almost every business operation has been affected: from the … Continue reading

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What Will Crowdsourcing Look Like in 10 Years?

(This piece was originally posted to the HeroX blog) There is a popular joke (attributed to Niels Bohr): “It is difficult to make predictions, especially about the future.” And at times of uncertainty that we’re all living through, predicting the future … Continue reading

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Crowdsourcing: Going Above and Beyond Consumer Products

(This piece was originally posted to the HeroX blog) In the past few years, crowdsourcing has finally come of age as a powerful open innovation tool allowing organizations – including corporations, government agencies, and non-profits – to use external crowds to … Continue reading

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Five Barriers to Adopting Open Innovation and How to Overcome Them

(This piece was originally posted to the HeroX blog) A friend of mine, an innovation consultant, likes to joke: “Innovation is simple…but not easy.” The same can be said about open innovation. Henry Chesbrough, who introduced the concept of open innovation … Continue reading

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Does the Term “Closed Innovation” Still Have Meaning?

(This piece was originally posted to the HeroX blog) Remember the famed Bell Labs, once a powerful R&D center for the telecommunication equipment company Lucent Technologies (acquired by Nokia in 2016)? Bell Labs’ researchers are credited with the development of radio … Continue reading

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The Role of Diversity in Innovation

(This piece was originally posted to the HeroX blog) Can labor laws affect innovation? To many people, this question may sound nonsensical. Why would such a boring thing like labor law have anything to do with an exciting act of creating … Continue reading

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