Collaborative Projects & Challenges in Open Innovation: Advantages, Disadvantages, When to Use

Описание: I continue talking about various open innovation (OI) models, and this time I describe collaborative projects and challenges.

This is another model of inbound open innovation when companies seek external knowledge and technologies to innovate, create new products and services. Collaborative projects and challenges are widely used by many industrial players, businesses collaborate with universities, research labs, other companies to solve their innovation challenges. So let me share when it's better to go with such an OI model, what its advantages and disadvantages are, how expensive it is to conduct such a project, etc.

TIMESTAMPS:
00:00 - Introduction
01:30 - What collaborative projects and challenges in open innovation are
04:14 - When it’s good to use collaborative projects and challenges
05:31 - How expensive collaborative research projects are
09:19 - Challenges and disadvantages of this model
13:54 - Examples from the industry


LINKS:
Feel free to connect with me on LinkedIn:   / liza-shvyndzikava  
We do collaborative science-based innovation projects and hackathons at Disruptiv: https://www.disruptivcompany.com


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