An example of Open Innovation in China

The Business Spectator reports that Zhang Ruimin, the chairman of the Haier group of companies, wants to turn Western management theory on its head and transform Haier into a giant platform for innovation. As a maker of white goods, the old structure revolves around research and development and sales and marketing. In this brave new world, Haier will dismantle traditional structures in favor of open platforms where people can bring in their own ideas and resources to develop new products and services. Zhang’s dream is to turn Haier into an open ecosystem.

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Open Innovation in Sports

The Innovation Excellence website reported that he sports industry is looking outside itself for innovations that provide a competitive advantage. Medicine, information technologies and lightweight materials from the space and aviation fields– all are making their contribution to the sporting industry, often through the process of Open Innovation. For example, John Parsons, Director of Sports Science for the NCAA stated, “Open Innovation gives us the power to effectively address an issue that we simply couldn’t impact on our own.” As more organizations feel pressure to meet expectations, Open Innovation will drive more aspects of sports forward and shape the future of the industry.

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John Parsons, Director of Sports Science for the NCAA states, “Open Innovation gives us the power to effectively address an issue that we simply couldn’t impact on our own. – See more at: http://www.innovationexcellence.com/blog/2015/02/01/faster-further-higher-open-innovation-in-sports/#sthash.p3ZDSgfh.dpuf
John Parsons, Director of Sports Science for the NCAA states, “Open Innovation gives us the power to effectively address an issue that we simply couldn’t impact on our own. Our first step was to convene those from a variety of industries to narrow the scope of the problem. We continue to work with those partners and collaborators toward the pursuit of a solution. – See more at: http://www.innovationexcellence.com/blog/2015/02/01/faster-further-higher-open-innovation-in-sports/#sthash.p3ZDSgfh.dpuf

John Parsons, Director of Sports Science for the NCAA states, “Open Innovation gives us the power to effectively address an issue that we simply couldn’t impact on our own. Our first step was to convene those from a variety of industries to narrow the scope of the problem. We continue to work with those partners and collaborators toward the pursuit of a solution. – See more at: http://www.innovationexcellence.com/blog/2015/02/01/faster-further-higher-open-innovation-in-sports/#sthash.p3ZDSgfh.dpuf
the sports industry is looking outside itself for innovations that provide a competitive advantage. Medicine, information technologies and lightweight materials from the space and aviation fields– all are making their contribution to the sporting industry, too, often through the process of Open Innovation. – See more at: http://www.innovationexcellence.com/blog/2015/02/01/faster-further-higher-open-innovation-in-sports/#sthash.p3ZDSgfh.dpuf

the sports industry is looking outside itself for innovations that provide a competitive advantage. Medicine, information technologies and lightweight materials from the space and aviation fields– all are making their contribution to the sporting industry, too, often through the process of Open Innovation. – See more at: http://www.innovationexcellence.com/blog/2015/02/01/faster-further-higher-open-innovation-in-sports/#sthash.p3ZDSgfh.dpuf
the sports industry is looking outside itself for innovations that provide a competitive advantage. Medicine, information technologies and lightweight materials from the space and aviation fields– all are making their contribution to the sporting industry, too, often through the process of Open Innovation. – See more at: http://www.innovationexcellence.com/blog/2015/02/01/faster-further-higher-open-innovation-in-sports/#sthash.p3ZDSgfh.dpuf
the sports industry is looking outside itself for innovations that provide a competitive advantage. Medicine, information technologies and lightweight materials from the space and aviation fields– all are making their contribution to the sporting industry, too, often through the process of Open Innovation. – See more at: http://www.innovationexcellence.com/blog/2015/02/01/faster-further-higher-open-innovation-in-sports/#sthash.p3ZDSgfh.dpuf

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The Value of Open Innovation for B2B Companies

The Innovation Excellence website noted that we hear a lot these days about applying open innovation concepts to improving innovation concepts and product development processes. Companies that sell directly to end consumers–business to consumer (B2C)–see clear uses examples and value for open innovation. But the challenges and circumstances of companies that sell primarily sell to other companies–also known as business to business (B2B)–are different, and these open innovation concepts are not so easily applied. Despite the challenges, the open innovation payoff for B2B companies is significant, especially in today’s resource-constrained R&D environments.

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Open Innovation Lessons

The Huffington Post noted that the open innovation trend is well established. High profile examples the strong uptake by pharmaceutical companies of open innovation approaches have shown it to be both effective at developing new products and also a tactical move in business strategy. The evidence emerging from the research is that it is spreading across all industries and becoming more commonplace in ever smaller businesses.

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Innovative Solutions for Civic Issues

The IdeaPoke website reported that in view of the challenges created by growing urbanization, dense population concentrations and limited budgets, many local governments are turning to innovative methods to find solutions to civic issues. Taking a cue from how many large corporations have used crowdsourcing and open innovation to solve complex problems and create innovative consumer products, local governments are looking towards civic engagement and open innovation to help identify and develop solutions to public problems.

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Open Innovation 2.0

The European Commission website reported that Open Innovation is an important component of the foreseen European Innovation System, where all stakeholders need to be involved and create seamless interaction and mash-up for ideas in innovation ecosystems. Open Innovation 2.0 is a new paradigm based on a Quadruple Helix Model where government, industry, academia and civil participants work together to co-create the future and drive structural changes far beyond the scope of what any one organization or person could do alone. This model encompasses also user-oriented innovation models to take full advantage of ideas’ cross-fertilization leading to experimentation and prototyping in real world setting.

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Open Innovation Tackles NCDs in Africa

The Devex Impact website reported that to understand more about Africa’s increasing noncommunicable diseases (NCD) threat, we need to bring together the brightest scientific minds to work as a team rather than struggling alone to find answers. No single country in the region has enough researchers with the appropriate mix of skills required to tackle this challenge. GlaxoSmithKline is drawing on its research expertise to help kickstart the discovery of new and better treatments for NCDs. But its approach to tackling these diseases in Africa is turning the usual model of closely guarded research and development on its head with the establishment of the world’s first R&D “Open Lab” for NCDs in sub-Saharan Africa.

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