Archive for August, 2014

Save the date for CoDev 2015!

August 29, 2014 Cheryl Perkins No Comments » Conferences, Events, Speaking Engagements

As Open Innovation goes mainstream, the players are doubling down on exciting new market expansions, creative crowdsourcing and higher returns! But how will you embrace these cutting-edge methods without risking everything?

Find out why the big winners in Open Innovation are going beyond just choosing the right partners. The pioneers are moving forward – but where? How do we follow them to success?
Join us for CoDev 2015 this February 9 – 11 in Scottsdale, Arizona!
CoDev 2015 is the place to be, and the people to meet to deliver the OI “must-haves” that you can take home right now! (Registration coming soon!)

Future of flying

August 29, 2014 Cheryl Perkins No Comments » Cool Inventions and gadgets, Cool videos

Ever wondered what the future of flying will look like?  Futurists say that by 2039, flying halfway around the world will change even more.  Even now, what was once a 13-hour journey has become a seven-hour flight.
Take a look at this:

Read more by clicking here:

Largest man-made swarm ever – but it’s not bees!

August 27, 2014 Cheryl Perkins No Comments » Cool videos

kilobot

This tiny swarm is not thousands of bees, but thousands of robots called Kilobots.  I saw this via Harvard University in a study that is quite amazing.

The swarm can self-assemble into any two-dimensional shape, and can have all sorts of interesting applications.  What we’re looking at is actually the first steps toward an entire new type of technology that can form bigger structures and even bigger robots. But for now this will be used to help scientists understand collective behavior that you will often find in nature – especially among animals.  (think flocks of migratory birds or schools of fish.)

Where will this lead?

Read more here, and check out this video:

Does your brand use Snapchat?

August 17, 2014 Cheryl Perkins No Comments » Social Media

For those of you who have never heard of Snapchat, a social media platform that is here today and gone…today, there might be a gem or two you can glean for your business with this app. Did you know that more than 400 million messages are received on Snapchat every day? That gets my attention.

According to Business Insider

  • Snapchat has about 60 million total installs, making it larger than Instagram when it sold to Facebook for $1 billion.
  • Of those 60 million installs, Snapchat has about 30 million monthly active users.
  • Fifty-five percent of monthly active users use Snapchat daily. That’s 16.5 million people.
Source

Here’s some more interesting stats from Fast Company:

A recent Comscore report found that Snapchat was the third most popular social app among 18-34-year-olds (behind Facebook and Instagram, but ahead of Twitter, Pinterest, and Vine). And if you look at just the 18-24-year-old base, the app has 50% penetration. The company is said to have about 30 million active users and claims that people send and view more than 700 million pictures and 500 million “stories”–which allow brands to create longer narratives that last 24 hours–a day.

Fast Company recently featured the brands that have tapped into this market with unique and game-changing Snapchat advertising, such as McDonalds, Taco Bell and General Electric:

GE Tweet

Check out more here.

Five hottest innovation tools

August 15, 2014 Cheryl Perkins No Comments » Innovation

20060513_toolbox wiki commonsMy friend Robert Tucker has put together what I think is a great list of the top innovation tools trending now, from ideation tools, commercialization tools, idea management tools, selection tools, and so forth. I like these because he includes case studies and real examples of how these tools are working in our current climate.

I’ll share the first one here, and let you browse the list over at his Innovation Resource blog:

1. Lean Startup Movement: Taking Silicon Valley by Storm

General Electric’s recent adoption of this tool is reported to be the biggest new movement in the company since Jack Welch embraced 6 Sigma in 1995. This hot tool originated in Silicon Valley, as a process mapping system for tech startups. Today it is increasingly being adopted by larger multinationals to decrease time to market and bloated budgets. Similar to the business model canvas tool, it addresses the most pressing question innovation practitioners face: How do you get new things done faster and cheaper in today’s world of strangulating bureaucracy, rising costs, and 6 Sigma controls? The answer, according to Lean Startup evangelists, is: instead of heaping money on ideas, be stingy. Encourage everybody to think like a startup. Dole out very limited budgets, form cross-functional teams, and streamline development of new products and services that have the potential to disrupt markets because of differentiated value propositions.

GE’s program, called FastWorks, has given the movement a tremendous boost. Already, 40,000 employees have been trained after CEO Jeffrey Immelt green-lighted the biggest internal movement since Jack Welch adopted 6 Sigma  in 1995. Each business unit has a “growth board,” which meets to give thumbs up or down to potential projects. Thus far, some 300 projects have been approved. Before, a development team might have spent four years building a new product based on marketing surveys. FastWorks promises to cut development time in half. What’s the right value proposition? The Lean Startup method suggests constantly taking your prototypes before customers throughout the development process to get real world feedback, and course correction in half the time and at half the cost.

Read the next four innovation tools here.

How to feel the world!

August 13, 2014 Cheryl Perkins No Comments » Uncategorized

A fantastic innovation I shared on our Innovationedge Facebook Page. I thought I’d share it here as well. Are you connected to our social media?

Patent Issues in Open Innovation

August 11, 2014 Cheryl Perkins No Comments » Open Innovation
patents_free photo labelled for reuse

Photo via greentechmedia; labelled for reuse

Today I am sharing a fantastic perspective on Open Innovation patent issues from a patent attorney. Who better to take this on than an expert, right?  John R. Harris’ intellectual property law practice focuses on assisting technology-based entrepreneurial companies in all facets of IP law, especially software and computer-implemented technologies. He is a partner in the Technology/IP Group in the Atlanta office of Morris, Manning & Martin, LLP and is a registered patent attorney.

 

Patent Issues in Open Innovation             By John Harris; reprinted with permission from the ABA’s Landslide publication

Many companies both large and small are embracing an “open innovation” approach to research and development (R&D), as well as marketing and supply chain. Forward-thinking management recognizes that not all good ideas are developed internally, and that hierarchical, bureaucratic internal R&D departments often cannot keep up with the frenetic pace of technology development. Companies that pursue open innovation (OI) strategies share some common traits:

  • They are willing and wish to source and use external knowledge, ideas, intellectual assets, and technologies to complement their internal capabilities.
  • They understand that such complements allow them to capitalize on opportunities, especially with the right intellectual property (IP) structure and strategy in place.
  • They wish to create new products, services, and processes.
  • They improve their processes.
  • They design new organizational systems and business models.

The current notion of open innovation is widely attributed to Professor Henry Chesbrough, who has written extensively on the subject and is viewed as the guru of open innovation. The premise of open innovation is, to some degree, that the ideas of many are often better than the ideas of a few. A company that wishes to have ideas for products, services, processes, and improvements flow to it must wrestle with the fundamental legal concept that inventors and authors initially own the rights to their creative endeavors. Ownership can be transferred, licenses can be issued, ownership can be abandoned—but these are legal events that affect relationships and have real costs. Just because innovation is deemed “open” does not mean that someone does not, at least initially, own rights in that innovation.

The laws and systems of intellectual property, particularly patents, are to some degree incompatible with open innovation. The subcultures of free and open source software (FOSS), copyright vs. copyleft, Creative Commons, and the open wireless movement are often mentioned in the same breath as open innovation. However, open innovation does not per se rule out the use of patents and other forms of intellectual property to protect the parties to an OI project. For example, there are literally hundreds of standards-setting organizations (SSOs) that deal with the complex interaction between a desire for openness and collaboration for certain key technologies and the fact that many players in certain industries have or are seeking patents on aspects of those technologies.

This article discusses some primary IP issues affecting open innovation, and is intended to provide an overview of some key issues currently affecting the OI world.

(More here)

Synthetic brain-like tissue created with healing in mind

August 5, 2014 Cheryl Perkins No Comments » Cool Inventions and gadgets

Bioengineers have created a brain-like tissue that is three-dimensional, and is very close to the real thing! It functions in much the same way and can be kept alive in the lab for more than two months.  This is going to be an incredible advancement in the study and healing of brain trauma cases and disorders that until now were very difficult to study in real time.

The brain-like tissue was developed at the Tissue Engineering Resource Center at Tufts University in Boston.

Read more about it here: