An essential premise of Open Innovation is always that plans can come everywhere, even if a business operates in a very specialized core business. Moreover, innovations that come external to of your respective core business, for example in packaging or transportation, are better left to the people who focus on those areas. Perhaps more controversial may be the assertion that by relying only about the ideas generated from within, an organization's core business innovations may become self-limiting because the pool of knowledge and idea generation may become somewhat myopic. When properly deployed, Open Innovation methodologies although cause ideas generated outside the organization, but could also function as a catalyst for that existing R&D infrastructure to become more creative. In the best forms, Open Innovation turns into a supply of new items and technology, as well as a means to spur the creativity of one's own people.
In wanting to exploit the commitment of Open Innovation for contemporary business, most companies are developing internal expertise or engaging consultants to assist them in meeting their set goals. These efforts are without doubt crucial for Open Innovation success. However, I have faith that a missing piece in the current existing Open Innovation methodologies is deployable knowledge regarding how to file a patent with InventHelp and analysis can be used to improve and accelerate searching for promising ideas developed outside of one's organization. This belief emanates from both substantive client experience, along with discussions with innovation professionals from many organizations.
Within the aggregate, most innovation professionals conceptually realize that patent information should serve as a way to obtain Open Innovation subject material. Nonetheless, number of these professionals fully appreciate how patents can be used to improve the innovation process. Moreover, few patent professionals possess the business competency to translate their patent legal knowledge right into a form deployable inside the innovation context. Therefore, a disconnect currently exists between patent information and Open Innovation methodologies. Failure of organizations to fully capitalize on the knowledge available in patents necessarily results in reduction the payoff obtainable from your adoption of Open Innovation with a company.
So why do In my opinion patents certainly are a critical piece to start Innovation methodology? Put simply--patents is a shopping list for an organization trying to identify innovations designed for adoption from outside the organization. Because of its nature, a patent sets forth the essential basis of the subject matter that the patentee wishes to exclusively own. If the patentee created a product or technology and then didn't introduce it to the market, then that material could possibly be essentially market ready (or nearly market ready) for any considerably less cost than to develop a similar technology from scratch within your organization.