Companies that have an open innovation business model encourage the inflow of external knowledge, innovative developments, optimised technologies in order to accelerate internal innovation.
Focus on 3 pillars
Domains urgently in need of an open innovation approach are:
Sustainability
Industry 4.0
Carbon renewal
Sustainability
Whether it’s achieving your net-zero targets or ensuring you are ESG compliant, moving towards a more sustainable future is impossible to achieve without meaningful collaboration. Startups with wider international connections are proven to achieve faster innovation & innovative development with a higher company-wide impact than that of an isolated company.
Performance in sustainable innovation favourably correlates with economic innovation performance.
Industry 4.0
Digitalisation is an integral part of our lives. And the best is yet to come. Companies understand the promise of Industry 4.0 and are constantly on the lookout for new external solutions to make that promise come true.
Carbon renewal
To fight climate change, the use of fossil resources needs to be cut drastically. Companies are encouraged to phase out fossil resources and to use renewable carbon instead. But how that needs to be organised on a large scale, with which technologies, is still a challenging task for businesses. A major advantage of fast scaling companies who chose to explore open innovation is the ability to take advantage of the newest technologies crucial to bring environmental change to scale.
innovation dawn's network
In order to better serve our clients, innovation dawn formed a partnership with EI4I, 42Collective and SynFiny. Together, we form a one-stop for corporations on their journey towards the best possible innovation ecosystem. Beyond companies, we can also extend this into (full) value chain and societal challenges that truly require an ecosystem to resolve.
Creating and fostering digital and physical ecosystem communities
Innovation capability building, internal engagement
Champions in ecosystem building, innovation strategy
Integrated solutions for innovation challenges.
How we help you achieve your innovation goals?
1. Assessment
Let’s start with an assessment to have an indication where you are and what necessary changes are needed to incorporate more open innovation.
Better internal connections
Focus on in-house innovation
Engage with known stakeholders
Go external, in addition to internal
Active projects with (new) partners
External and internal innovation solutions
Fully open Ecosystem
Breakthrough value chain collaborations
The four levels of Open Innovation readiness
2. Internal alignment
Do you want to move up the open innovation ladder? A common first step is to engage management. This can be done via a questionnaire or an engaging game.
Don’t forget to formulate your vision, values, and principles for a more open innovation strategy. Have it validated and supported by leadership/C-suite.
Be ready. Define a project plan, planning and project manager. Don’t forget to include a governance structure, design IP strategy, legal agreements, etc.
3. Ecosystem set-up
Define and frame your specific innovation challenge, or challenges. Start looking for external parties, invite them to your ecosystem, engage and learn how they can contribute.
Learn from ecosystem members, share capabilities and/or facilities, start pilots. And certainly, communicate about the results. Internally and externally.
Case studies
InQbet @ P&G
Support the Brussels InQbet Campus (B.I.C.) @ P&G in setting up an open innovation approach tackling the pressing challenges around sustainability and digital transformation.
Digital Strategy
Identify the digital strategy that would capture a significant growth potential for the coming 3-5 years. In addition, the client wanted to develop expertise within the company to continuously discover new ideas and innovate.
The Power of Ecosystems
Ecosystems thrive with more and better deals. Creating deals is essential to keep ecosystems alive. ‘Deals’ is a wide term ranging from sourcing agreements and projects, but also joint development deals.
Let’s work together on something great!
We are eager to hear from you and see if we can meet your needs.