What is Open Innovation?

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By Martin Falbisoner – Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=32158827

Author: Jiyoon Ahn, edited by: Inês Barreiros

Open innovation is a term coined by Professor Henry Chesbrough, who defined it as “the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively.” Until the early 21st century, most innovation was ‘closed’, which was based on the belief that internal resources are the most reliable and trustworthy, and that closed doors would distance competitors. Over the past couple of decades, more businesses have been opening up their product development process to external ideas from suppliers, independent inventors, and academic researchers.


Penang Hosts Open Innovation Competition for Malaysian Makers

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The SEA Makerthon is a summer-long regional hackathon taking place in 10 cities across Southeast Asia. It was organized by the Southeast Asian Makerspace Network (SEAMNET) to address issues concerning sustainability. The theme “Designing a World with Zero Waste” will be addressed by makers in different ways based on local needs and interests.

Penang Hosts Open Innovation Competition for Malaysian Makers

Introducing the Open Innovation Toolkit

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Introducing the Open Innovation Toolkit

Innovation is part of our DNA at Mozilla. It’s not just about making products that support the open web, but how we make those products — with a transparent and participatory approach.

There’s a paradox in open innovation. On one hand, the diversity of an open community demonstrably increases the quality of solutions. On the other hand, using best practices like human-centered design across a distributed team can be hard work. But in order to maintain high quality of experience, solve real user problems and ultimately create great products that people want, it must be done.

To help address this, we’ve been developing the Open Innovation Toolkit.


View story at Medium.com




Why Companies are Moving from Closed to Open Innovation

Until fifteen years ago, closed innovation was the gold standard for protecting proprietary information and beating out the competition. Closed innovation is based on a model of internal and centralized research and development, with all ideas being produced, developed, created, commercialized, and implemented in-house.