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The week ahead

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 …

Summary of the week

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 …

Sharing knowledge – expanding your own network

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, …

Identifying the network of innovation

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 …

Exploring a network

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 …

Overcoming biases and decision-making challenges

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 challenge of adaptation

“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 …

The week ahead

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 …

Summary of the week

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 …

What are the risks?

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 …