Tag Archives: Open innovation

Indiegogo “Outpost” allows companies to crowdfund – But can’t they already?

Indiegogo, one of the world’s most popular crowdfunding platforms, has just announced that it will release a new product called “Outpost” that allows companies to integrate the platform into their own websites. Firms can use crowdfunding to raise capital for┬ásocially-driven projects, gauge demand for new products, or work with the crowd to develop their products. […]

GE Unveils Global Finalists for its Open Innovation Jet Engine Design Quest

Even GE uses Open Innovation – in this case with a design contest and $20K in cash prizes for whoever can design the most effective jet engine. This represents a fundamental shift in the ways firms innovate – reaching outside the company walls for new ideas is becoming ever more common. GE Unveils the Ten […]

Mindjet and Spigit to Merge Idea-Generation Platforms

Continuing the trend of consolidation in the open innovation industry, Spigit (a leading idea management platform) has merged with Mindjet (a task management and workflow platform). The merger represents a larger trend towards platformization of innovation – applications that large corporations can build into their day-to-day architecture and processes and scale up in order to […]

Appirio Buys TopCoder: Consolidating the Crowdsourcing + Open Innovation Developer Community

San Francisco-based Appirio just acquired Topocder, adding 500k developers to the TopCoder.com community and effectively cornering the crowdsourced development market – at least according to zdnet.com. I’m skeptical about how ‘cornered’ the market is, since the community can simply leave at will. Regardless, consolidation is an interesting direction for the crowdsourcing + open innovation market […]

TopCoder Teams with NASA and National Geographic

TopCoder is teaming up with NASA (again) to continue to accelerate the pace of space exploration. TopCoder is a crowdsourcing and open innovation platform that allows individuals or companies to post ‘contests’ for the TopCoder community to tackle. Users from around the world compete for the business – it’s a competition, only the best submission […]

10 Trends in Open and Collaborative Innovation

The top 10 trends in crowdsourcing, collaboration, and open innovation (as reported by innovationmangement.se) Here are the trends summarized with some thoughts added: Emergence of in-house innovation teams – the field of innovation management is becoming more mainstream. Co-creation process using hybrid models – firms are learning from others and experimenting with various aspects crowdsourcing […]

Co-Creation and Open Innovation – A Primer

HYVI Innovation posted this short video a few years ago on open innovation accomplished with customer co-creation – it’s worth a watch for a number of examples of how firms have leveraged customer feedback and empathy improve products or services. Related articles How Top Enterprises Are Utilizing Open Innovation (openinnovation.net) How Top Enterprises Utilize Open […]

Co-Creating Sustainable Cities with Open Innovation

Video from the Future Cities Technology Showcase – part of the Open Innovation 2.0 event. This is a collaborative effort between Intel, the European Commission, the City of Dublin, and a number of other organizations. The goal of the event is to encourage open collaboration for conceiving solutions for sustainable urban planning and development. Technology […]