Getting the Most from Technology Scouting and Open Innovation

Many companies are exploring open approaches to improve and accelerate innovation.  If done successfully, open approaches reduce the risk and cost of launching innovative new products and/or entering new markets. However, openness is not without potential pitfalls.  Common challenges include overcoming internal resistance, finding suitable partners, reaching mutually beneficial agreements in a timely manner, aligning development practices with partners, and finally, deciding when (and how) to exit -- or how to do it all over again.

Management Roundtable has several upcoming programs that can help:

Technology Scouting to Accelerate Innovation, October 26-27, 2010, Cambridge, Massachusetts. This top-rated workshop is an excellent way to jumpstart your Open Innovation efforts. Taught by Dr. Jay Paap, it is the definitive course on how to set up a formal tech scouting program. Offered just twice a year, this program frequently sells out. Reserve early (no risk) to ensure your place.

The Tenth Annual Conference on Co-Development and Open Innovation: Accessing Networks & Knowledge to Create Business Value will take place in Scottsdale, Arizona from January 24-26, 2011.  The longest running and most respected industry event on Open Innovation will focus this year on developing OI networks, leveraging multiple alliances, and expanding globally. Experts and leading industry practitioners will offer the latest insights on OI leadership, structure and culture. Early Bird Discount - Reserve by October 1 and SAVE $300!

In addition, the following resources are available:

• CoDev and Open Innovation Community  Social networking site to connect with other Open Innovation champions (free online community).
   
• Technology Scouting Starter Kit: Leading Practices and Resources (downloadable report) 
   
• Special Report on Open Innovation Practices(report on CD-ROM - enter the code "OI-AUG" to receive a 25% discount off the regular price)
   
• Special Report on Managing Intellectual Property for Product & Technology Development (report on CD-ROM - enter the code "OI-AUG" to receive a 25% discount off the regular price)