Innovation Marketplaces

Innovation Marketplaces

As open innovation grows in popularity, the need for intermediaries to connect companies and innovators becomes more urgent. These marketplaces come in a range of forms, including niche or general portals, set up by companies or third party vendors. Small businesses can benefit from connecting with these portals, which offer teams of global experts and skill-building opportunities. For instance, technology platform IdeaConnection offers a big process to bring together crowdsourced teams to tackle R&D or business needs for businesses of any scale. Open innovation intermediaries can even help small businesses develop their own challenges and work on solutions. By connecting with like-minded, diverse experts, employees can also build valuable skills for open innovation. Using intermediaries removes the need to build infrastructure and saves time, with prizes for successful solutions ranging from $5,000 to over $1 million.

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More Innovation Resources:

Pitching: don’t play the game, play the player

Pitching: don’t play the game, play the player

Effective pitching is crucial to getting investors interested in your idea. Tailor your pitch to your audience, open with a relatable problem and use visuals to maintain engagement.

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How to Overcome Barriers to Effective Innovation

How to Overcome Barriers to Effective Innovation

Overcoming barriers to effective innovation is vital to the success of your business. Educating and encouraging employees, getting leadership on board, and working around your resources are some key ways to tackle these obstacles.

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Creative Problem Solving Techniques Training

Creative Problem Solving Techniques Training

Learn about creative problem solving techniques and methodologies that can help your business evolve and adapt to changes in your industry.

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