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While the quest for innovation as a source of future growth is a minimum common factor, among local and global enterprises, scholars and practitioners are yet to determine a common or universal definition of innovation: in fact because of the lack of consensus on the dimensions and measures characterizing innovation, we do mean different concepts when referring to innovation. However there are elements we almost all agree on: - See more at: http://www.innovationexcellence.com/blog/2014/02/28/beyond-open-innovation-co-innovation/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+business-strategy-innovation+%28Innovation+Excellence%29#sthash.6qgkrCxY.dpuf

The Business Recorder website reported that Pakistan Innovation Foundation (PIF) and Indus Motor Company (IMC) have announced the launch of National Innovation Grand Challenge (NICG) 2013-14,with objective to solve challenges of the country in areas including agriculture, energy, rural development, and manufacturing. A year-long `Open Innovation' competition, NIGC encourages Pakistani innovators, youth, students, professionals, entrepreneurs and citizens to innovate for solving country's problems. Article en entier : http://www.brecorder.com/pakistan/business-a-economy/146387-nigc-launched-with-toyota-manufacturing-innovation-prize.html

How open innovation ecosystems developed and nurtured by General Mills and partner companies helped the American Fortune 500 Corporation to develop and market two new products for its Convenience & Foodservice division.

An open innovation contest leads to the design of jet engine brackets that can help to reduce fuel costs.

In the report we explore these aspects of open innovation practices. The point of departure is the current notion of open innovation and the subsequent attempts made at transforming this firm-level management concept into more global perspectives on innovation and growth. While contributing to a more nuanced theoretical conceptualisation of open innovation, our main contribution is the large-scale empirical analysis (130,000 firms from 22 European countries) of open innovation impacts and determinants which have been conducted based on the pan-European Community Innovation Survey. In light of this material, an extensive survey of current and relevant policy measures is provided. The overall aim of the conceptual, empirical, and policy components of the report is to promote the emergence of a new policy discussion in the area of open innovation.

Open innovation as defined by Professor Chesbrough in his 2003 book encompasses a variety of innovation processes, inclusive of and not mutually exclusive with crowdsourcing and lead user innovation. Open innovation is a general way of describing the flow of ideas across organizational boundaries, both in to and out from. In fact, Professor Chesbrough talks and writes extensively about both outside-in and inside-out open innovation. (The Netflix spin out of Roku is one example of inside-out open innovation.)

Hack-a-thon, idea contest, innovation lab - there are so many forms of open innovation nowadays, but there are also many times when open innovation fails to solve problems or attract participation. Here are 10 things NOT to do if you want your open innovation challenge to succeed.

A new study at the European School of Management and Technology Berlin (ESMT) suggests that there are three main practices businesses should undertake to enjoy the benefits of open innovation.

Press Release: Embargoed until 2 February 3 Steps to Successful Open Innovation A new study at the European School of Management and Technology Berlin (ESMT) suggests that there are three main practices businesses should undertake to enjoy the benefits of open innovation.

"So how do we begin to break through the barriers that exist in healthcare to create an environment where truly disruptive innovation is possible? One option is to fling open the doors of the R&D department, figuratively speaking, and invite anyone - doctor, nurse, healthcare administrator, even patient and caregiver - to participate in product creation."

The lifeblood of any successful company stems from a sustained stream of commercially viable innovations, both incremental and breakthrough. As any seasoned executive will tell you, maintaining that steady stream is one of the most difficult management challenges he or she faces.

Les initiatives en terme d'innovation ouverte coûtes chères et ne font que développer des innovations incrémentales. De plus la concurrence dans le domaine des plateformes de partages est rude, ce qui ralenti le processus d'open innovation.

L'open innovation est privilégié dans le secteur du numérique mais elle commence à prendre forme dans d'autres secteurs d'activité comme l'agroalimentaire

"This report reviews the current state of innovation in financial services and the need for banks to embrace innovation as a key element in addressing the challenge of continuing disruptive change in technology and consumer habits.The document also introduces the concept of Open Innovation and its most common practices and discusses opportunities for financial services organisations to adopt innovation in the corporate environment. "

3. Open Innovation The concept was developed prior to and first published in 2003 (H. W. Chesbrough 2003), and it is based on a multi-agent relationship, where the internal R&D is complemented by a Connect and Develop function (Lee, Olson, and Trimi 2012) to establish and maintain relationship with the external world...

I spent a thoroughly enjoyable two days recently at the Open Innovation Forum in Baltimore. It had a packed agenda, including lots of opportunity to network and uncover the "state of the nation" of Open Innovation. My conclusion is that OI is in a healthy state. Whilst there is nothing truly revolutionary, the picture is one of good solid progression and increasing adoption, with continuing promise for the future. - See more at: http://www.innovationexcellence.com/blog/2014/03/19/the-current-state-of-open-innovation/#sthash.FKLVcaqs.1HY7zc3L.dpuf

There were several key themes running through the conference. Nobody does OI just for the sake of it. It is driven by necessity and opportunity; necessity from a lack of resource or competence; and through a vision of the prize that OI can bring. Implementing OI is not always straightforward, but there are plenty of examples of good practice from which to learn.

dea contests are a popular form of open innovation that capture the imagination of brilliant minds and focus the attention on speeding up innovation outcomes.

Let a hundred open innovation flowers blossom. Beyond the traditional one-to-one partnership for coinnovation, whopping initiatives are thriving on a one-to-many scale: it seems we have already entered Spring. - See more at: http://www.innovationexcellence.com/blog/2014/02/20/open-innovation-getting-started/#sthash.pcO097nt.dpuf

How a Dutch multinational's open innovation approaches are yielding new product lines, solving technical challenges and boosting carbon-friendly research.

Why does a company employing 92,000 people and spending $1.3bn on R&D need to go outside for more innovation? The reason is one of the classic foundations of Open Innovation.

The MOOI-forum is in its 4th month now, focusing on Human Resources Management and Open Innovation as monthly theme. Every month, great discussions emerge on the forum. One topic that came back each month but remained somewhat in the background is what we could label "the different faces of open innovation".