Archivo del September, 2014

The EU Commission’s Open Innovation 2.0 Yearbook highlights ESADE’s expertise

The European Commission Open Innovation 2.0 Yearbook was released last week, in order to “bring some fresh thinking as well as compelling evidence of the OI2 paradigm”, as the EU officials have stated.

The report, which recalls the origins of the Open Innovation concept and its potential to provide better solutions “to domains such as healthcare, transportation, climate change, youth unemployment, financial stability, prosperity, sustainability, and growth”. It also higlights that “these challenges provide a significant opportunity to create new shared value through innovation”.

We already see the influence of open innovation 2.0 which is taking the full advantage of strong seamless interactivity across all stakeholders, including users, across the whole innovation ecosystems: quadruple helix innovation! However, we need to continue actively searching for entirely new connections and areas between clusters.

New approaches create disruptiveness, and unanticipated opportunities. Therefore, it appears crucial for the public sector to catalyse a fluid, frictionless innovation space where all the stakeholders can share their ideas, prototype them and scale up the successes rapidly. Fail fast, scale fast!

The OI2 Yearbook also recalls the work of ESADE Professor Henry Chesbrough, who coined the term Open Innovation in 2003, and succesful experiences launched with the collaboration of ESADE, as the KIC InnoEnergy initiative.

If you’re interested in Open Innovation and the future of European Innovation Policy, take a look at the Open Innovation 2.0 Yearbook!

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Wim Vanhaverbeke on Open Innovation success at ICMIT2014

Professor Wim Vanhaverbeke during a speech at ESADE

ESADE professor Wim Vanhaverbeke has delivered today one of the main keynote speeches at the 7th IEEE International Conference on Management of Innovation and Technology (ICMIT2014). His talk has touched upon the highly relevant (and enduring) management problems companies face when implementing Open Innovation.

While the benefits of Open Innovation (OI) are well understood by practitioners and academics, many companies still fail to implement it. The root cause of this phenomenon is that firms are required to change their strategy and internal organizational structure and processes to collaborate successfully with innovation partners. Consequently, many organizations are reaching out to external partners without the necessary internal organization and management.

In addition to being highly relevant in practice, the theme also commands further research. To date, the management problems companies face when implementing OI have been insufficiently documented in the academic literature, where accounts remain few.

Given all these facts, my keynote will focus on how companies can be optimally prepared to implement Open Innovation successfully. Not surprisingly, this exercise requires a number of actions that that need to reinforce each other. Stressing an earlier point: I feel it is remarkable that the existing literature has not formulated yet clear guidelines on how companies should manage OI. Hence, my presentation will focus on 10 critical points of attention:

  1. Connecting OI to a firm’s strategy
  2. The role of organizational culture and top management
  3. Developing new organizational processes and structures that support OI
  4. The need to align Open Innovation and Human Resource Management
  5. The changing role of the R&D department
  6. Developing new IP-strategies aligned to the objectives of OI
  7. The need to develop an OI team; its role and structure
  8. Making effective use of OI services providers and innomediaries
  9. Evaluating the success of OI activities. What are the right KPIs and what are appropriate metrics and reporting for OI?
  10. How companies can move from closed to Open Innovation

The 7th IEEE International Conference on Management of Innovation and Technology (ICMIT2014) is being held in Singapore between the 23rd and 25th of September 2014. On this occasion, ICMIT2014 has invited scholars and practitioners to come together and share the latest developments in the field of innovation and technology management.

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Apps for Europe looks for the best open data apps

Apps for Europe is looking for the best open data applications in Europe to reward the best one with a spot at the International Business Lounge at Future Everything in February 2015. All developers, startups and companies that use open data as a recourse are invited to join the competition.

Last years winner, BikeCityGuide.org, has shown the potential of using open data to enhance their company and expand their services. Since the international Business Lounge at Future Everything last year they were able to reach new cities and raise almost 140.000€ in crowdfunding.

Over the past years many local, regional and national app competitions in Europe have been organized to stimulated developers and companies to build new applications with open data. Apps for Europe has taken it to the next level. By adding Business Lounges to local events we introduce the world of open data development to that of investors, accelerators, incubators and more.

Almost a 100 startups have participated so far in Apps for Europe Business Lounges throughout Europe, where they have met partners like Microsoft, Bethnal Green Ventures, Keiretsu Forum, Wayra, WeGo, Peak Capital, Startup Bootcamp, Startups.be or De Investeerdersclub.

The Apps for Europe competitions will run from September 1st to December 31st 2014, with the finale at Future Everything February 26 and 27 in Manchester (UK).

 

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