In the visually compelling Open Innovation Works: Successfully Leveraging your External Ecosystem for Impactful Change, best-selling authors Diana Joseph, Dan Toma, and Esther Gons explain the complexities and challenges of implementing effective Open Innovation strategies and how they can be surmounted.
We are living in dynamic times. Large organisations must develop new technologies, businesses, and service models to stay alive while striving for execution excellence in their legacy operations. This is easier said than done. While large organisations have tremendous financial, material, and talent resources, they are also limited by regulations, policies, processes, hierarchy, incentive plans, and sheer size. As a result, its very difficult for them to truly and wholeheartedly explore new technologies, strategies, services and business models through their internal innovation teams alone. One important solution is Open Innovation: operating in an external ecosystem, through mutually beneficial engagements with entities carrying different assets and different limitations.
In the visually compelling Open Innovation Works: Successfully Leveraging your External Ecosystem for Impactful Change, best-selling authors Diana Joseph, Dan Toma, and Esther Gons explain the complexities and challenges of implementing effective Open Innovation strategies and how they can be surmounted.
Part I. Open Innovation Ecosystem
Chapter
1. Introduction
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2. What Is Open Innovation and Why Does It Matter?
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3. How Does an Open Innovation Ecosystem Work?
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4. The Open Innovation Dashboard
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5. Optimizing Your Open Innovation Practice
Part II. The Engines
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6. Startup Accelerator
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7. Startup Incubator
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8. Corporate Venture Capital
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9. Prove-Out Journey
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10. University Partnership
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11. Consortium
Starting Tomorrow
Diana Joseph, PhD, is an entrepreneur and learning scientist who learned about corporate innovation in the field through years at companies like Adobe and Citrix. As CEO of the Corporate Accelerator Forum, Diana guides corporates who innovate through startup partnership. She translates her insights into powerful and practical in-person and online events, ecosystem experiences and consulting engagements. Diana is the founder of Click | the Startup Accelerator for Corporate Partnership, a preparatory engine for startups who need to create healthier deals with large organizations. Diana co-hosted the Ecosystem Show podcast, and currently hosts a Fireside Chat series about corporate/startup partnership.
Dan Toma is an innovation thought leader and co-author of the award-winning book The Corporate Startup: How established companies can create successful innovation ecosystems voted the 2018 management book of the year by the British Library & Chartered Management Institute and Innovation Accounting voted the 2022 book of the year for Innovation and Business Intelligence by Axiom. Puzzled by the question Why are innovative products mainly launched by startups? He focuses on enterprise innovation transformation and specifically on the changes blue-chip organizations need to make to allow for new ventures to be built in the corporate setting.
Esther Gons is the founder and CEO of GroundControl. The Innovation Accounting software platform that helps corporate ventures measuring de-risking process of new ventures. GroundControl works with clients such as DHL, Colgate Palmolive and AES. Esther is co-author of The Corporate Startup and Innovation Accounting books. She is a startup mentor and corporate strategy coach on innovation and startups. She has been an entrepreneur for over 20 years and has mentored several hundred startups so far, as an investor, advisor, lead mentor in the Rockstart Accelerator programs, and several corporate innovation labs.
