High-technology firms have paved the way for user-driven innovations, but now even traditional industries are becoming increasingly open. This shift is a great challenge for companies with instituted practices, policies, and customer relationships. In this article, we identify four distinct steps in becoming an open innovation company based on our recent research into firms' experiences with living lab experiments in the information and communication technology (ICT) sector. - See more at: http://timreview.ca/article/489#sthash.XFu2gcan.dpuf

Pour innover, chaque entreprise peut la "jouer perso" et miser sur le secret. Ou alors, privilégier les collaborations et le partage de savoir-faire. Cette seconde orientation, au coeur de la logique des fab labs, interpelle les grands groupes industriels. Au point de concurrencer leurs services de R&D ?

"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. "

"Cities everywhere experience the conflict of providing more and better services while facing a scenario of decreasing budgets. At the same time information technology promises to reinvent cities, making them more efficient and, yes, smarter."

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

RESON8 is a smartsourcing innovation and collaboration platform where brands can post funded innovation projects to startup companies

They need to have an explicit open innovation strategy and be clearer about how it actually will work. One is what I call the scout model. You are a consultant scouting for leading startups. The other is you can be the beacon. That's where you make it very clear that you are open for startups to reach out to you. Procter & Gamble is very good at the beacon model through a program called "Connect + Develop."

"The 10th International Symposium on Open Collaboration (OpenSym 2014) is the premier conference on open collaboration research and practice, including wikis and social media, Wikipedia, free, libre, and open source software, open data, open access, and IT-driven open innovation research. "

"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."