Technology cross-pollination and globalization, along with the demise of silo mentality, have put significant pressure on the front-end innovation process to identify ideas worthy enough for development and commercialization. The most efficient innovation processes include Design Thinking and Stage-Gates. We propose a new model where software will help manage data integrity, quality control, multiple outputs and open collaboration. When the chaos serves the efficiency, the ability to get better at innovating will not be lacking.
We wrote an extensive whitepaper on this topic to help you in planning or expanding your innovation programs. Download it here and read how Open Innovation and IP can go hand in hand.