Category: Open Innovation

The Growing Gig-Economy Spurs Demand for Online Payment and Banking Services

by Clive Reffell | Jun 20, 2019 |

With young people finding it increasingly hard to find quality and meaningful work, more and more are turning to the gig-economy. Although this form of work can be unpredictable, stressful and at times downright precarious, and...

Prize Competitions Part 3: Choosing the Appropriate Crowd to Compete

by Christopher Frangione | May 30, 2019 |

This is the third part in our three-part blog series on prize competitions. In Part 1 we shared the power of prize competitions. Part 2 helped you understand what makes a successful prize competition. Now, we will give you some...

Prize Competitions Part 2: Success is in the Design

by Christopher Frangione | May 23, 2019 |

This is the second part in our three-part blog series on prize competitions, or prize challenges as some people prefer to call them. In Part 1 we shared the power of prize competitions as a means to generate open innovation...

Prize Competitions, Part 1: The Power of Prize Competitions to Accelerate R&D

by Christopher Frangione | May 16, 2019 |

This is the first part in a three-part blog series on using prize competitions, also called prize challenges. In this Part 1 we share the power and benefits of prize competitions. In Part 2 we will help you understand what makes...

5 Simple Questions To Ask Your Crowdsourcing Platform

by Michael Dehoyos | May 1, 2019 |

Crowdsourcing is a great way for an organization to generate external input, particularly when it faces a new challenge. Benfits include tapping in to specific areas of interest or expertise that don’t exist within your...

Crowdsourcing is Unlocking Billions of Dollars in Primary Industry

by Holly Bridgwater | Apr 2, 2019 |

Crowdsourcing and open innovation are staring to be recognised within primary industry as effective ways to validate concepts at low risk, solve complex challenges, find new innovative suppliers and automate work. As a...

Being Bold in Crowdsourcing

by Damon Brown | Mar 14, 2019 |

It’s easy to forget that the Internet was once all open. Rather, the Internet has been in a continuous cycle of highly-structured portals and free-flowing information. The initial platforms, like BBS boards, gave way to walled...

Bold Open Innovation Sparking Both Business and Social Impact

by Shay Hershkovitz | Feb 20, 2019 |

Open innovation is a term coined by Henry Chesbrough in his 2003 book, “Open Innovation: The new imperative for creating and profiting from technology”. Open innovation assumes that valuable ideas can come from inside or out of...

Global Corporation is BOLD Enough to Disrupt Itself

by Clive Reffell | Feb 13, 2019 |

We’re getting increasingly used to witnessing the commercial disruption taking place due to mass digital connectivity giving rise to new business models. In many instances it’s where existing players in a market place come under...

Being Bold in Online Experience and Engagement

by Damon Brown | Jan 31, 2019 |

Just two decades ago, the worldwide web was an uncharted universe. It was so unmapped, companies became billion-dollar brands based on organizing it. Netscape, one of the world’s first widely adopted browsers, turned company...