Why doesn't every firm eat at the open innovation smorgasbord? Yegii White Paper, no. 1, June 2014

editor score
Editor Score:
89
editor score
Quality:
91
editor score
Usability:
91
editor score
Reliability:
92
Asset Type
License
Free
Expiration
Friday, June 23, 2017
Geography
map
North America Central America South America Oceania Scandinavia Europe Africa Middle East Asia
Publication year
2014
Industry
IT

Open Innovation is an attractive business model. There is often resistance towards true open innovation. The 3rd party innovation market is maturing. The next generation open innovation is very different. Increased trust in disintermediation has created opportunities at the higher end of the spectrum. Realizing the true potential of opening up innovation has to do with mobilizing employees and executives to share thoughts with the outside, not just receive input. Expert network? That’s you.

Document:
Yegii expert:
Author:
Trond Undheim, Ph.D.
Publisher:
Yegii, Inc.
Time horizon:
2-5 Years
Yegii Reviews:
This document is a persuasive report on how open innovation is the newest and best way for emerging companies to operate. While relatively short, the report offers pros and strategies of crowd sourcing, with its basis revolving around four main points. While slightly biased (as it does not give you cons to open innovation), this report is a fantastic introduction to the business model, and is great for clients wishing to use external ideas and crowd sourcing in their company. submitted by mack on Fri, 07/18/2014 - 13:29