Archive for the ‘News & Posts’ Category

Principles of open innovation

Saturday, December 16th, 2017

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By Bob Collowân, CC BY-SA 2.5,


What do mini-Big Bang Theory Lego, Mozilla, Facebook’s Pride Flag feature, P&G’s Connect+Develop, and Moodle have in common?

There are all examples of open innovation (OI) at its best.

Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. It also entails the spin-off and outsourcing of unused intellectual property. (Michael Docherty, 2006)


Open Innovation vs Crowdsourcing vs Co-creation

Sunday, August 20th, 2017

File:StateLibQld 2 212640 Daphne Mayo participating in Wattle Day celebrations in Brisbane, 1914.jpg

Various principles and concepts are used for managing research and innovation. You are probably familiar with these buzzwords: crowdsourcing, open innovation and a more recent one, co-creation. Organisations are gradually moving away from traditional work models; they are becoming a lot bolder and more inclusive in their approaches to innovation.

Open Innovation vs Crowdsourcing vs Co-creation

Open Innovation Is Alive and Well in the Pet Industry. Here’s How to Get In on the Action

Sunday, August 20th, 2017

People are spending more money on their pets than ever before, with no signs of slowing down. If you want to live the licensing lifestyle, consider inventing pet products.


Help MIT Solve Global Problems with Open Innovation

Tuesday, April 18th, 2017

Image result for MIT LOGO

Last month at the United Nations, MIT’s new Solve initiative brought innovators to pitch their most promising solutions to challenges we issued on refugee education, carbon emissions, and chronic disease. Their solutions blew us away. An online, accredited university providing Bachelors and Associate degrees for refugees and displaced youth. Solar-powered flying pods creating a new mass transit system in cities and along rail corridors. An app turning pictures of meals into nutritional information to empower life-style changes for diabetes patients.