Connecting Problem Owners with Problem Solvers

Innovating for a Better Future

Problem- Innovation Challenge: Come up with an Eco-friendly alternative to single use plastic

Single plastic use in Sierra Leone poses serious problems: Burning of plastic in the open air leads to environmental pollution due to the release of poisonous chemicals. The polluted air, when inhaled by humans and animals, affects their health and can cause respiratory problems. Animals also mistake single use plastic as food and can choke or become fatally ill … Read moreProblem- Innovation Challenge: Come up with an Eco-friendly alternative to single use plastic

Open vs Close Innovation

The paradigm of closed innovation holds that successful innovation requires control. Particularly, a company should control the generation of their own ideas, as well as production, marketing, distribution, servicing, financing, and supporting. What drove this idea is that, in the early twentieth century, academic and government institutions were not involved in the commercial application of science. As … Read moreOpen vs Close Innovation

Open Innovation Ecosystem

The term Open Innovation Ecosystem consists of three parts that describe the foundations of the approach of open innovation, innovation systems and business ecosystems. While James F. Moore researched business ecosystems in manufacturing around a specific business or branch, the open model of innovation with the ecosystem theory was recently studied in various industries. Traitler et all. researched it … Read moreOpen Innovation Ecosystem

What is Open Innvovation

Open innovation is a term used to promote an information age mindset toward innovation that runs counter to the secrecy and silo mentality of traditional corporate research labs. The benefits and driving forces behind increased openness have been noted and discussed as far back as the 1960s, especially as it pertains to interfirm cooperation in R&D. Use of the term ‘open innovation’ in … Read moreWhat is Open Innvovation