Technology & Innovation Management (49016) Week 5
Innovation Ecosystem
Collborative arrangements through which firms combine their indiv offerings into a coherent, customer-facing solution. (Adner, 2006, p.2)
Inter-organizational, political, economic, environmental and technological systems of innov through which a milieu conducive to business growth is catalysed, sustained and supported.
Open Innovation
inviting inputs from outside. like uni, corporates, gov, competitors
output is also not just useful for the company, but for benefits of joint ventures.
Why open innovation?
Usage in Innovation Funnel
How open is Open Innov
Closed Innovation
crowd sourcing ideas also
in the boundaries of the organization
only taking ideas, inputs from their staff etc is closed.
Networks
Why do we need Networks
- Collective efficiency
- Collective learning
- Collective risk-taking
- Intersection of different knowledge sets
Why Networks?
- Social captial
- Benefits outweigh costs
- Accessing resources
- Path-creating process
Open Networks
Complex products, services and business have to interface with others
Innovation communities
Innovation contests
Innovation markets
Partners for Open Innovation
Lead User Approach
- Show relevant needs long before the majority of users
- Possess motivation and relevant knowledge to solve these needs
- Usually workshop-based collaboration
Stakeholder Analysis
Customer Co-Creation
Crowd-sourcing
create challenges (time boxed - continuous innovation)
intention was to check what problem it solves.
Cross-industry Innovation
Exemplary type of knowledge
- Tech
- concepts
- methods and working principles
Goals:
- Systematic creation of radical innovations
- Reduction od dev risks
- Reduction of dev costs