How to Create an Open Innovation Culture: Act Like a Venture Capitalist

Posted by Adi Gaskell on Dec 5, 2017 1:28:13 PM

In previous posts I’ve spoken about both the growth in open innovation and the ways that open innovation can help to tame the rapidly advancing costs associated with innovating in the modern world.

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Topics: Innovation Insights

5 TED Talks for Creating a Culture of Innovation

Posted by Scott Dooley on Nov 28, 2017 8:42:17 AM

Innovators don’t see different things, they see things differently.

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Topics: Innovation Insights

Recent Innovation in the Energy Sector: Solar & Wind

Posted by Joshua Gordon on Nov 21, 2017 10:30:49 AM

The environmental impact of fossil fuels is causing the energy sector to focus on cleaner alternatives. Political agreements to curb fossil fuel emissions, such as The Paris Climate Accord - ratified by 168 nations, sets out ambitious plans to tackle the threat of climate change and shift towards a low carbon future.

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Topics: Innovation Insights

Why Open Innovation Makes Sense

Posted by Adi Gaskell on Nov 14, 2017 6:16:04 AM

Innovation is something that most organizations want to master so that they can survive in our increasingly ‘VUCA’ world. Innovating well is increasingly challenging however. A recent study from the Stanford Institute for Economic Policy Research highlighted the difficulties organizations face in the modern world.

The study examined the productivity of research and development, on both a national as well as industrial scale, and found that organizations need to spend significantly more, both in terms of human and financial resources, to achieve the same kind of results as were achieved in the past.

Despite both research expenditure and the number of researchers deployed in R&D going up significantly, the out is not rising in unison. Indeed, the authors reveal that roughly 20 times as many people are employed in R&D as was the case in 1930.

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Topics: Innovation Insights

The Living Labs Driving Open Innovation in the Public Sector

Posted by Jo Edwards on Nov 7, 2017 7:13:12 AM

Open innovation is becoming well established as an important business model. But can it be used in public services, creating opportunities for citizens to participate in generating solutions for their communities? We think it has a lot of promise – and we’re not alone. Communities around the world are gathering together to solve a wide range of challenges – health, transport, access to technology, energy, food, and more. To demonstrate the positive impact this approach can have, we explore three initiatives based on the concept of ‘Living Labs’ – “user-centred, open innovation ecosystems based on a systematic user co-creation approach integrating research and innovation processes".

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Topics: Innovation Insights

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