Course: Harnessing Open Innovation in Business

So far we have focused mainly on product innovation. This reflects much of the research, which has focused on aspects which are easier to conceptualise – it is easier to …

We have explored the benefits of open innovation and some of the factors that enable it in weeks 1 and 2. In this video and later on this week, we …

Welcome back to Week 3. We’ll get started by thinking about how open innovation can be implemented and measured – there can be significant differences depending on the approach and …

This week we’ve covered some of the challenges an organisation faces when looking to find ideas and harness the power of its networks to successfully implement open innovation. We’ve also …

We’ve discussed the importance of relationships and networks this week. Indeed you will all have your own. The premise of open innovation is that, provided you choose your partnerships effectively, …

Consider an organisation with which you are familiar. This may be one that you have worked for, or one of which the products you admire. Using some of your own …

There are lots of examples of companies that have developed products using their external network. You may already know of several. For example – the two companies Linux and Wikipedia …

Both the beauty and the downside of successful open innovation networks means we can potentially access considerable amounts of information, but in doing so we risk becoming overloaded with information. …

The sources of ideas and knowledge that an organisation can learn from vary. Here Dr Tim Hammond, Director of Commercialisation and Economic Development at Durham University, talks about his own …

“Big companies that fail to innovate risk extinction. That’s the stark truth in the era of ‘digital disruption’.” (Wall, 2014) Perhaps so, but this statement makes particular assumptions about the …

Dr Mat Hughes introduces the concept of absorptive capacity and considers factors which affect the ability of an organisation to implement innovation. Reflection Watch the video and consider: What does …

Welcome back to Week 2. Dr Mat Hughes starts the week by inviting us to think about what affects the way organisations find and apply knowledge that have come from …

We have seen this week that open innovation has the potential to make significant impact to competitive advantage, but there are challenges and risks to realise this. We hope you …

A key premise of the drive to integrate the supply chain is that working with suppliers can lead to better and more marketable products. When this is done early in …

So far we have been discussing the positive aspects of open innovation. These have popularised the concept and in recent years several research institutes have tried to understand it, on …