What is an Open Innovation Platform?

What is an Open Innovation Platform?

Open innovation emphasizes collaboration between internal and external sources to generate unique ideas and solutions. Companies can benefit significantly from open innovation by gaining access to diverse insights, reducing innovation costs, accelerating time to market, raising brand awareness, and luring prospective investors. A good open innovation platform can facilitate the innovation process by providing a comprehensive tool to manage innovative ideas, streamline communication with contributors, and launch innovative projects. Accept Mission, Wazoku, and Qmarkets are a few examples of effective open innovation platforms in the market.

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Disruptive Innovation Examples that Transformed Industries

Disruptive Innovation Examples that Transformed Industries

Disruptive innovation occurs when new businesses enter a market, outperform dominant companies and transform it. Here are some of the best examples.

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7 Ways Startups can Foster Innovation through Sustainability

7 Ways Startups can Foster Innovation through Sustainability

Startups that prioritize sustainable practices can foster innovation and gain a competitive advantage. Here are seven ways they can do it.

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Interactive scoring tool for a holistic approach to idea evaluation

Interactive scoring tool for a holistic approach to idea evaluation

Innovation Cloud's September 2019 release includes an improved scoring report for evaluating potential ideas and assisting decision making.

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