Availability Bias, Diversity and the Crowd

“It ain’t what you don’t know that gets you into trouble, it is what you know for sure that just ain’t so.” – Josh Billings, 19th-century American humourist

Crystallised Challenges – Some Favorites From Our Fifteen Years

August 24, 2016 0 Comments in Challenges by Michael Franklin

Starting as a brainwave in 1998, InnoCentive spent three years being scoped, explored and tested whilst within the walls of pharmaceutical company, Eli Lilly. InnoCentive became an official entity in 2001 and during the intervening fifteen years has posted over 2,000 Challenges and awarded nearly $20million. To mark our 15th birthday we look back at notable successes, celebrate the impact Challenges have made, and most importantly acknowledge our excellent Solvers whose ground-breaking ideas have been given the opportunity to flourish through the Challenge Driven Innovation model.

Open: The Rising Prefix

Technology is breaking down barriers everywhere and immersing us further and further into the digital age. As with most things, there are negatives – increased susceptibility to hacking and fraud, trading of illicit goods on the dark web, possibility for greater surveillance and compromised privacy – but also a wealth of opportunities and positive potential. We at InnoCentive have witnessed this potential first hand but open innovation is part of a much broader movement. Whether it’s within programming, data science, government, academia, creative content or even banking, we are seeing an explosion of initiatives built around the principles of openness, transparency […]

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