Open Innovation Readiness: a Tool

K. Bevis, A. Cole

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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Abstract

Innovation is vital for enterprises that are fighting back after major setbacks, surviving the current economic conditions or planning sustainable growth relative to their competitors. Tools exist to help them measure their propensity to innovate, their capability for innovation or their innovation performance. But for many SMEs there is a lack of awareness and education which causes apprehension about innovation, open innovation and intellectual property. This paper introduces an “Innovation Readiness Tool”, designed specifically for use with companies where innovation is an infrequent or totally absent phenomenon. It outlines five steps through which the online tool will take these “newcomers”. Step one is to demystify open innovation. Step two is to identify their own existing barriers to innovation and understand their environment. Step three initiates a number of innovation related practices. Step four is project management and step five provides online coaching support for the enterprise’s nominated innovation champion.
Original languageEnglish
Title of host publicationThe Dynamics of Innovation
Subtitle of host publicationProcs of ISPIM XXIth Int Conf
PublisherInt Soc for Professional Innovation Management Ltd
Publication statusPublished - Jun 2010
EventISPIM XXI Int Conf - Bilbao, Spain
Duration: 6 Jun 20109 Jun 2010

Conference

ConferenceISPIM XXI Int Conf
Country/TerritorySpain
CityBilbao
Period6/06/109/06/10

Keywords

  • Innovation tool
  • innovation process
  • open innovation
  • learning

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