Open Innovation From A Practitioner's Perspective

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Alph Bingham Presentation on Open Innovation

From a recent presentation made at a CITRIS meeting at UC-Berkeley (an organization that seems to attract great speakers), Dr Alph Bingham gives his update on open innovation. I consider Alph a great mentor who taught me a lot on this subject during my time at InnoCentive (which he co-founded with Aaron Schacht).

As ususal, a great talk and worth viewing.

One of his best slides talks about the unquantified benefits of open innovation:

* spot capacity for innovation

* risk distribution (financial and technical)

* diversity of ideas, solutions, points of view around a given problem

I’ve seen these benefits many times, and would add a fourth: new insights around how ask the right question.

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