Open Innovation embraces the process of cultivating and internalizing
value from opportunities external to the firm, as well as the skilful
deployment of internal discoveries to external complements (Chesbrough
2003). In response to this challenge, different forms of innovation
intermediaries have emerged over the last decades to help
companies to transgress their own boundaries and access external
technological markets.
Open Innovation embraces the process of cultivating and internalizing value from opportunities external to the firm, as well as the skilful deployment of internal discoveries to external complements (Chesbrough 2003). In response to this challenge, different forms of innovation intermediaries have emerged over the last decades to help companies to transgress their own boundaries and access external technological markets. For example Ninesigma has acted as the intermediary in over 23,000 innovation proposals, for 1,600 innovation requests for Blue Chip companies around the world e.g. Kraft, Philips, Unilever. In contrast, EsadeCreapolis facilitates with a hands-on approach the exploration of new inventions through a two-stages innovation process. First, it executes cross-exploration of market opportunities through the sector specific community clusters i.e. wellness, health and aging. Second, it assists on the commercializing by providing advice on market identification, funding and crowd-sourcing. Furthermore, for established companies, it improves the process of spotting potential alliances and partner finding. This issue of the Inn-General allows you to obtain a broader overview of the operational practices of innovation intermediaries. To this end, this article provides a simplified typology and generalizable propositions drawing from visits, interviews and analysis to around 30 intermediaries in Catalonia, California and other European cities.
To read the full, original article click on this link: How innovation intermediaries connect Open innovation markets?
Author: Henry Lopez, Ph.D. Candidate at ESADE Business School and Wim Vanhaverbeke
