A practical approach to Open Innovation

Henrik Stamm Kristensen

I found the article that I have linked to here particularly interesting, considering how much Open Innovation is talked about and how little it is successfully practiced. The text, written by Frank Mattes, emphasizes when finding that it is difficult to give examples of companies with a practical approach to Open Innovation. The 60% of the firms which are embracing this model of innovation are still in an experimental phase. What the author proposes is to move from Open Innovation to True Open Innovation.

Companies, he says, aren’t isolated entities. They relate to clients, consumers or research centers. And they also develop products with other companies and post challenges on Open Innovation marketplaces. Some examples: the Blendhub’s platform, allfoodexperts, NineSigma, InnoCentive or yet2.com.

Nowadays, few companies innovate in a completely closed way. However, is this enough to talk about Open Innovation? Mattes thinks that examples such as the ones cited show just open approaches to innovation, but not a fundamental part of the firm’s innovation management approach.

Contrary to this, the True Open Innovation is perfectly integrated into the companies’ overall strategy of innovation. It isn’t an isolated resource for specific challenges.

A real open innovation strategy

True Open Innovation starts with external impulses and seeks to translate mega trends into the companies’ road map and R&D pipelines.

Finally, it is a continuous process and Mattes clarifies which open approaches to innovate are the most suitable ones.

True Open Innovation is planned, has its own budget and has the ambition to extend the firm’s innovation ecosystem as far it is possible.

Most recent articles

25/01/2024

As part of Siemens’ goal to unveil how their technological innovations are reshaping the consumer, retail, and food and beverage industries, we were invited to present our model of multi-localized portable plants, supported by their technology, to produce closer to raw materials and final consumers. Our visionary business model, supported by Siemens’ cutting-edge technology, is helping companies from all around the world to accelerate innovation and access new markets.

09/01/2024

Blendhub was invited by Siemens to present its Food-as-a-Service model, which sets a new standard in efficient, sustainable food production, delivering tangible benefits for the industry. Enabled by Siemens technology, this approach actively creates a circular economy, benefiting local producers and communities, the environment and long-term economic sustainability.  

27/12/2023

In the last year Blendhub has consolidated its Food-as-a-Service project to facilitate entrepreneurship in the food sector. Through this strategy Blendhub supports SMEs, startups and industry professionals in the design, production and launch of innovative and sustainable food products anywhere in the world thanks to an extensive knowledge of the market and a global network of production hubs in 4 continents and expanding.