Abstract
2016 has brought us new learnings about ecosystem dynamics and the transformation of design thinking and agile development methods. What most of these methods have in common is a divergent and a convergent phase that allows to think boldly and broadly on the one hand, and to recognize priorities and enable speed on the other hand. But industry logics are very different from theoretical settings as there are complex organizational factors at play which encompass diverse cultural and sub-cultural behaviors. The challenge for the young Swarovski Open Innovation Networks approach is to find ways to manage diversified networks of connections which blur boundaries, collaboration, and interdependence, thus characterizing the real logics of modern innovation ecosystems. The tremendous potential that has been recognized and captured from different R&D efforts of big industry players and research institutes through structured Open Innovation efforts - and how this new value may be transformed into the company’s markets - is the central topic of this article.
Highlights
Shortened life cycles of products, speed of technological change and omnipresent availability of information threaten every organization these days
Bob Cooper, the inventor of Stage Gate, while presenting at the 2016 Stage Gate Summit, he mentioned the transformation of agile methods, such as Scrum and Sprint, proven principles in area of software development, into the area of physical product innovation
When we deeper look into them we find out that industrial experiences have been providing data and management learning, and academics have derived their theories around these success stories and stories of failure, and vice versa
Summary
Shortened life cycles of products, speed of technological change and omnipresent availability of information threaten every organization these days. When we deeper look into them we find out that industrial experiences have been providing data and management learning, and academics have derived their theories around these success stories and stories of failure, and vice versa This circle of empirical and theoretical management learning is very important in order to develop new solutions and answers. The definition of ecosystems is coming from the natural world: communities of living organisms interacting within their shared environment, simultaneously competing and collaborating, creating and sharing resources, and adapting together in the face of inevitable external disruptions The look into these solutions coming from natural systems can provide us with helpful insights as to how innovation could be understood
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
