EP3: Tools for Open Innovation<o:p></o:p>

Transcript:<o:p></o:p>

As
promised, we will put theory into practice. Today we will be talking about the
paper “The
role of digital technologies in open innovation processes: an exploratory
multiple case study analysis” by Andrea Urbinati, Davide
Chiaroni, Vittorio Chiesa and Federico Frattini from 2018. The overall
question: What does a company need to do, in order to implement
digital technologies in an Open Innovation process?<o:p></o:p>

The Tools<o:p></o:p>

Big Data<o:p></o:p>

Huge
amount of data, that can’t be handled with in a “normal” way. The correct
amount of bytes depends on the size of the company. In order to
handle big data, one needs analytical skills to extract value from this massive
amount of data.<o:p></o:p>

Internet
of Things (IoT)<o:p></o:p>

It’s the
technology to connect “things” via internet. Smart homes and wearables are real
life examples, because they exchange data via the internet from one object to
another.<o:p></o:p>

Information
and Knowledge Management systems (IKM)<o:p></o:p>

Creating,
sharing, using and managing the knowledge and information of an organization.
(e.g. eLearning platforms like "Moodle")<o:p></o:p>

Cloud
Computing<o:p></o:p>

The
Cloud! To put it as simple as possible: it’s an IT-Infrastructure made
available via internet. Normally it includes data capacities, computing power
or an application software (e.g. adobe programms, that also save your projects in
their cloud).<o:p></o:p>

Product-Lifecycle-Management
– Systems<o:p></o:p>

Systems
that withhold all the information and data regarding the life cycle of a
product - from the concept to the trash bin/ recycling bin. With these systems
one can also control the process of development and enable the redistribution
of workflows. Also crossfunctional teams can use these systems: One might be good in
CAD programs to do the mock up, the other one is an engineer and realises the
product and then there are administrators and such that do the distribution.
All these steps can be included in one PLM - System.<o:p></o:p>

System of
Rapid Prototyping (SoRP)<o:p></o:p>

SoRP (e.g. 3D printing technology), mainly revolves around prototype generation, test
design, refining and commercializing. Its most beneficial in the product
development phase, you can e.g. simultaneously develop several versions of the
same product and speed up the product offering.<o:p></o:p>

Combining
the Tools<o:p></o:p>

I