A small press release, originating from 23rd August 2007:
Open Innovation Challenges Companies to Utilise Intermediaries
Traditional, closed innovation activity has a limited effect in an organisation. External specialists and innovators could provide novel insights and additional value. Internet-based innovation markets enable companies and innovators to buy and sell IP (Intellectual Property) as well as to develop ideas collaboratively to the level of innovation. This creates savings in R&D expenses.
The Hypermedia Laboratory at the University of Tampere in Finland investigates the Open Innovation phenomenon. We focus on innovation intermediaries who confidentially integrate companies and innovators to solve problems and challenges.
Currently Hypermedia Laboratory conducts future research of Open Innovation with leading academics. Additionally, a web-based survey is targeted to intermediaries and their customers. Innovators and their motivational factors, interests, brokering and creative problem-solving methods are inspected in this survey. Summaries of these research results will be embedded in a business book, planned for publication at the end of 2008.
This research is part of Tekes (http://www.tekes.fi) funded Parteco project which is focused on social media and participatory economics. In Hypermedia Laboratory this research closely links to our open source research area.
The preliminary research findings indicate that companies in Europe should put more emphasis on recognising outside expertise both in their innovation and human resource activities.
The press release is also available in Finnish. I did not dare to put an over-simplified picture in the actual press release. So, I put it here:
End note: I am still figuring out resources and time for editing that business book. Let's see.
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