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More than ever, the capacity to innovate is a fundamental resource of organizations as well as the true wealth of a society. To contribute fully to the prosperity of an organization, region or country, the innovation process requires the implementation of knowledge dynamics between domains that are often treated in isolation.

This dynamic is based on a synergy between humans and intelligent machines. More broadly, ‘knowledge innovation’ is a combination of knowledge, imagination and experience, the ability to transcend the boundaries between domains, to make linkages and operate as interdependent parts.

Ecosystems of innovation include diverse facets. They bring out the concept of “e-co-innovation”, which – far from being a fad – brings a better understanding of the successful transition from idea to reality and ultimate value. Among some aspects of e-co-innovation: e- as economic, educative, environmental, electronic and ethics; co- as collaborative, co-design, common values, collective intelligence, knowledge and experience, convergence of intelligences – human and artificial; eco- as ecosystems – those of enterprise, regions and countries.

 

To read the full, original article click on this link: Understanding and Exploiting Innovation Ecosystems | InnovationManagement

Author:Eunika Mercier-Laurent