The purpose of this paper is to look at developments in the drive for open innovation initiatives.
The paper looks at the established companies which offer the service of “finding” external sources of innovative ideas, such as NineSigma and InnoCentive and also new entrants to the innovation market place, including USA National Innovation Marketplace.
As the drive for “innovation” continues, a rapidly expanding and ever more diverse group of companies and organizations are becoming increasingly “open”, as regards their source of ideas. As a result, the demand from companies looking to establish or broaden their open innovation initiatives has seen the established companies that offer the service of “finding” external sources of innovative ideas, such as NineSigma and InnoCentive, grow rapidly. It has also lead to new entrants to the innovation market place, including the USA National Innovation Marketplace, at the Planet Eureka site.
The paper provides a useful insight into developments in the drive for open innovation initiatives.
