Open Innovation: New Product Development Essentials from the PDMA
- 6h 42m
- Abbie Griffin, Charles H. Noble, Serdar S. Durmusoglu
- John Wiley & Sons (US)
- 2014
A clear, practical guide to implementing Open Innovation for new product development
Open Innovation: New Product Development Essentials from the PDMA is a comprehensive guide to the theory and practice of the Open Innovation method. Written by experts from the Product Development and Management Association, the book packages a collection of Open Innovation tools in a digestible and actionable format. Real-world case studies drawn from the authors' own successes and failures illustrate the concepts presented, providing accurate representation of the opportunities and challenges of Open Innovation implementation. Key tools are presented with a focus on immediate applications for business, allowing NPD professionals to easily discern where this cutting edge development method can push innovation forward.
Open Innovation assumes that companies can and should use both internal and external ideas and paths to market, permeating the boundaries between firm and environment. Innovations transfer outward and inward through purchase, licensing, joint ventures, and spin-offs, allowing companies to expand beyond their own research and dramatically improve productivity through collaboration. PDMA Essentials provides practical guidance on exploiting the Open Innovation model to these ends, with clear guidance on all aspects of the new product development process. Topics include:
- Product platforming and idea competitions
- Customer immersion and interaction
- Collaborative product design and development
- Innovation networks, rewards, and incentives
Many practitioners charged with innovation have only a vague understanding of the specific tools available for Open Innovation, and how they might be applied. As the marketplace shifts dramatically to keep pace with changing consumer behaviors, remaining relevant increasingly means ramping up innovation processes. PDMA Essentials provides the tools NPD practitioners need to implement a leading innovation method, and drive continued growth.
About the Authors
CHARLES H. NOBLE is the Proffitt’s Professor of Marketing and Director of the Marketing PhD Program at the University of Tennessee, where he teaches courses in product development and innovation. He is also the Vice Chair for the PDMA.
SERDAR S. DURMUSOGLU is Associate Professor of Marketing at the University of Dayton. He teaches new product development, innovation, and entrepreneurship.
ABBIE GRIFFIN holds the Royal L. Garff Presidential Chair in Marketing at the David Eccles School of Business at the University of Utah. She was editor of the Journal of Product Innovation Management from 1998 to 2003.
In this Book
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Introduction—The Journey into Open Innovation
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De-Bottlenecking Open Innovation—Turning Patent-Based Technology Network Analysis into Value
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Open Foresight Workshops for Opportunity Identification
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Keeping up with the Virtual Voice of the Customer—Social Media Applications in Product Innovation
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Prediction, Preference, and Idea Markets—How Corporations Can Use the Wisdom of Their Employees
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Catalyzing Tacit Knowledge Exchange with Visual Thinking Techniques to Achieve Productive Open Innovation Collaborations
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User Collaboration Through Private Online Communities
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Collaborative Innovation across Industry-Academy and Functional Boundaries—How Companies Innovate with Interdisciplinary Faculty and Student Teams
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Open Innovation—A Framework for Collaborative Product Development between Industry and Universities
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Open Innovation as a Discovery Solution for Confronting the Extraordinary Challenge
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How to Work with Small Companies to Expand Your Open Innovation Capabilities
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Boosting Open Innovation by Leveraging Big Data
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American Productivity and Quality Center Best Practices Study—Using Open Innovation to Generate Ideas
