Core competence management in the era of Open Innovation

“Core competences” are a major concept in managing innovations and technologies. In the era of Open Innovation, the established concept of core competence management needs to be updated. innovation-3’s Frank Mattes recently met with a group of 20 innovation / technology managers from leading firms to work out how this could be done – with the practitioner’s perspective in mind. Before …

Recording of Expert Panel discussion now online

On May 31, innovation-3’s Frank Mattes moderated an Expert Panel Discussion on making innovation pay. The session focused on methods to increase the rate of innovation, reduce individual level costs per innovation and encourage fail fast methods. This session was also looking for unusual ways that organizations have managed to drive innovation execution to make returns on their innovation investments …

Interview with Frank Mattes: Generation 3 Innovation – The Open Collaborative Network

Source: IdeaConnection IdeaConnection Interview with Frank Mattes, Founder and CEO of innovation-3 January 9, 2012. By Vern Burkhardt Vern Burhardt (VB): You say that the third generation of innovation management has begun. Would you explain how this differs from the first and second generations of innovation management? Frank Mattes: In a historic view one can clearly distinguish three generations of …

How to select topics for Open Innovation challenges

In their quest for opening up their innovation processes, most firms start with intensifying open approaches to innovation that are already in place, such as increasing the number of partnerships under a Non-Disclosure Agreement or the number of contract researches placed at universities. In the second phase of their Open Innovation maturity, many firms think about using technical / scientific …

New publication coming up: How to make Open Innovation work for your R&D

In the last weeks I wrote a new 30-page publication that will be published within the next weeks on www.innovationmanagement.se. The title: “How to make Open Innovation work for your R&D” As we all know, Open Innovation is in the top spots of the agenda for many innovation managers. It describes a concept to increase R&D agility, effectiveness and to …

Open Innovation conquers the whole value chain

Last week I had two very interesting discussions with two global companies that are far advanced in implementing Open Innovation. One of these companies is the lighting division (let’s call it ‘Lighting corp’ for the sake of confidentiality) of a world-leading electro-technical MNC, the other one a globally leading FMCG company (let’s call it ‘FMCG corp’). These discussions took place …

Open Innovation: Killer applications for the “Internet Of Things”

A couple of days ago I had a very interesting and thought-stimulating Open Innovation workshop with one of the largest world’s largest software vendors. The topic was about the “Internet Of Things” (IOT), the consequences for established firms and software vendors and potential business model innovators that it will enable. The IOT will be one of the next big waves …

Flagship conference: Open Innovation in Germany

HANDELSBLATT is Germany’s leading business daily newspaper. I worked with them to set up what probably will be the THE leading Open Innovation conference this year (for the conference program have a look here) in Germany. The event will take place on December 02-03, 2010 in Frankfurt. I was responsible for designing the program and speaker acquisition and secured top-notch …