DESCRIPTION
Transforming your firm in R&D innovation approach from a closed to an open one promises huge benefits. Increased agility and effectiveness, lowered risk and revenue growth through new products are some of them. In this In-Depth Article Frank Mattes shows how a firm can find the best approach to R&D-driven Open Innovation (Outside-in) based on the insights from a number of projects in this space.
ABOUT THE AUTHOR:
Frank Mattes has more than 15 years of experience in managing projects and innovation. He has worked for several specialized medium-sized consulting companies and for The Boston Consulting Group. He also worked at C-level for an IT and a professional services firm.
Frank founded and runs the innovation catalyst innovation-3. The consultants, experts, specialists and academics in the innovation-3 network are convinced that innovation management is entering a third generation characterized by a paradigm shift towards openness, cross-industry innovation, competition for the best innovation networks, business model innovation and polycentric structures to manage innovation.
These areas constitute Frank?s innovation focuses—and are complemented by deep expertise in change management. Frank is the author of several books and a contributing editor to InnovationManagement, the number one platform for innovation management practitioners.
This comprehensive guide delves into the theoretical underpinnings and practical challenges of adopting an open innovation model in R&D. It includes detailed examples and frameworks to help you understand the transformation process. The PDF also highlights six major forces impacting innovation management today, such as the globalization of knowledge and the rise of web-based social networks. By examining real-world cases and providing actionable insights, this resource equips your firm with the tools needed to navigate the complexities of open innovation and stay ahead in a competitive landscape.
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Source: Best Practices in Innovation Management, R&D, Open Innovation PDF: How to Implement R&D-Driven Open Innovation PDF (PDF) Document, Innovation Management
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