NESTA Open Innovation Conference Videos
Last week I spoke at an event hosted by NESTA – the UK’s National Endowment for Science, Technology, and the Arts. The day focused on Open Innovation and had some spectacular speakers including Cheryl Perkins (the former Chief Innovation Officer for Kimberly-Clark), Karim Lakhani (an open innovation guru from Harvard Business School), Stefan Lindegaard (a […]
Is Crowdsourcing Disruptive?
There was an excellent post by Hutch Carpenter. In the article, he asked the question – “Is Crowdsourcing Disrupting the Design Industry?” He makes an excellent case for the value (and pitfalls) of crowdsourcing design work – especially from the perspective of the designer. As readers of this site know, I have used design crowdsourcing […]
LG Electronics Open Innovation Competition
Last year, LG Electronics ran an open innovation competition in search of the next generation cell phone. If you did not enter last year, you have another chance to win $20,000. According to their press release… LG Mobile Phones, the fastest growing mobile phone brand in North America, is partnering with crowdSPRING, an online marketplace […]
Open Innovation Design
Nearly 2 years ago, I used open innovation to develop the logo used on this site. I am now using open innovation again to help redesign my Personality Poker cards. As you know, later this year, the Personality Poker book will be published by Penguin’s Portfolio imprint. The publisher designed the book cover (we aren’t […]
When Open Innovation is not a Tournament
A magazine asked me to write a book review of Innovation Tournaments by Christian Terwiesch and Karl Ulrich. The book arrived in the mail yesterday and I immediately turned to the index to see if InnoCentive was listed. Sure enough, we are mentioned in several places in the book. This got me thinking: Is InnoCentive […]
Three Innovation Distinctions (Part 3): Diversity not Homogeneity
This is the third of my “innovation distinctions” entries. [for your convenience, all three articles have been packaged into one pdf file] In the first part of this series, I wrote why you should focus on “Challenges, not Ideas.” Next, I addressed the distinction of “Process, not Events.” In this final entry, I discuss why […]
Hand Dryer or Paper Towels / Collaboration or Competition
At the Open Innovation Summit last week, I had a lively conversation with a few individuals. The debate was about which model of open innovation is most effective – competitive or collaborative. Kevin Boudreau and Karim Lakhani wrote an excellent article earlier this year in the MIT Sloane Management Review on this very topic. They […]
Why Edison Was Wrong
Last night I had an enlightening conversation with Alph Bingham, the co-founder of InnoCentive from Eli Lilly. This guy is fascinating! Alph suggested that many people do not like open innovation (external crowd sourcing) because it runs counter to a widely held belief of the R&D community. Researchers often throw around the Edison quote, “I […]
The Open Innovation Formula?
Today we have a guest blogger. In an earlier entry, I held a contest to see who could guess how many ideas were submitted as part of the LG Electronics competition. One of the respondents provided a detailed assumption analysis and complex equations. Although the assumptions proved inaccurate (read the actual answers), I felt that […]
LG Open Innovation Insights
In a previous blog entry, I discussed how LG Electronics used crowdsourcing and open innovation to help design the next generation phone. One of the individuals at LGE associated with the competition was kind enough to answer some questions I had. How many solutions were provided? 835 submissions from 324 individual creatives. What % of […]