Intelligence agencies are considering open innovation to better predict geopolitical trends and to better respond to the new face of terrorism. Is this a great idea or a misguided attempt at forecasting the future?
open innovation
Open Innovation in the Investment Management Industry: Is This The New Frontier?
Can the benefits of open innovation in investment management outweigh the costs? In this piece, we quickly examine the benefits of such an approach agains the backdrop of a traditional asset manager and one of the biggest struggles Quantopian, a firm pioneering in the space, faces.
Volition: Crowdsourcing Innovation in the Beauty Industry
Meet Volition: democratizing beauty products to cater to a global and diverse community whilst reducing research and product development costs through the power of open innovation.
Expanding Open Innovation at NASA
In the last decade, NASA started using Open Innovation approaches to solve some of the world's most complicated problems. Now, the company will need to think about how to solve potential implementation challenges as the company scales up these approaches.
Caterpillar – Embracing Open Innovation and Co-creation
Even though the global construction market is worth about $10 trillion, it is one of the slowest industries to adopt new technologies. To complete one construction project, many stakeholders, such as architects, engineering firms, equipment manufacturers, surveying companies and local contractors, work together. Among them, who will be the owner of new opportunities? How can Caterpillar drive the innovation?
It’s all open at Wikimedia Foundation
“Imagine a world in which every single human being can freely share in the sum of all knowledge.”
Open Innovation in the NFL: Player Safety
How the NFL is using Open Innovation to address concussions
IBM’s Deja Vu in Disruption
Is IBM making it's biggest mistake since 1970 by not fully embracing open innovation?
Neighborly: Leveraging Open Innovation to Spur Product Innovation in FinTech
Neighborly, the the kickstarter for municipal bonds, can leverage open innovation to develop new products and services to remain competitive and become an even more innovative market player.
Crowdsourcing snack food trends at PepsiCo
Examines how PepsiCo is using open innovation in their Lay’s “Do Us a Flavor” competition and ways they can more broadly utilize crowdsourcing to stay competitive in a trend-driven market