THE INNOVATIVE LEADERS
NETWORK –
OUR SOURCE
OF OPEN INNOVATION
No company, organization or individual is capable to cope with the broad variety of fast changing conditions and technological progress on his own
A creative and holistic approach is required to master todays’ challenges, to foster growth and to build new solutions in our dynamic and complex environment
BACKGROUND
The term Open Innovation was coined by Henry Chesbrough, adjunct professor and faculty director of the Garwood Center for Corporate Innovation at the UC Berkley’s Haas Business School, in his first publication Open Innovation: The New Imperative for Creating and Profiting from Technology in 2003
Chesbrough defines Open Innovation as “the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the market for external use of innovation, respectively”
Since its first mention, the term was adopted and refined by a broad audience in the fields of business and academics
The Open Innovation approach, according to Chesbrough, consists of two complementary facets
OUTSIDE IN & INSIDE OUT
Most commonly associated to Open Innovation, the Outside In process describes the integration of, and the benefit from external knowledge in the internal innovation process
In contrast, within Inside Out processes, internal, underutilized knowledge is shared to develop new ideas and approaches
HOW WE CREATE EXCEPTIONAL VALUE OUT OF OPEN INNOVATION
Global network of smartest and most creative minds and the best researchers
from multiple disciplines in the world with specific domain expertise
Unique solutions for clients only emerge if one is able to directly access the best minds and specialists available. It is precisely for this reason we established the IPG PANTA RHEI NETWORK.
We provide Exclusive Membership for
- Innovation partners, which collaborate with us in innovation labs, focused on finding and applying next generation approaches as well as technologies
- Strategic solution partners, which complement the IPG‘s world of solutions
- Knowledge partners, which contribute knowledge, skills and experience and who share IPG´s goal for “next level value creation”
- Leading scientists and experts from the domain of strategy, innovation, technology, business modeling, marketing & sales, reorganization and operational excellence
- High-profile individuals innovative leaders out of our clients’ portfolio
