Rally the Troops! It's time to go all in for Open Innovation

RALLY THE TROOPS It's time to go all in for Open Innovation. tock Open innovation (OI) helps companies break the cycle of incremental innovation by capturing game-changing ideas and technologies. While companies around the world have embraced Ol, some are more willing than others to commit sufficient resources to it. OPEN INNOVATION STAFFING Percentage of companies with a dedicated Ol team Dedicated Ol staffing (median value) Ol team structure GLOBAL BASELINE Sub-group within R&D 56% 1114 AMERICAS Sub-group within R&D 59% European companies have stressed a need for Ol for the past two years,* but still lag behind their peers. EUROPE Part-time technology scouts within R&D 42% ASIA PACIFIC Sub-group 10 within R&D 72% Asia-Pacific companies lead the pack in regards to dedicating staff to Ol. THE ROLE OF OPEN INNOVATION Percentage of companies who use Ol across each product development stage. 4 IDEA IDEA CONCEPT PRODUCT GENERATION SCREENING TESTING LAUNCH 33% 24% 25% 5% GLOBAL BASELINE Despite the increased risk of lost IP, Asia-Pacific companies are more inclined to use Ol during the later stages of product development. RANK AMERICAS AMERICAS ASIA PACIFIC ASIA PACIFIC 1 38% 25% 30% 11% ASIA PACIFIC EUROPE AMERICAS EUROPE 33% 25% 24% 8% EUROPE ASIA PACIFIC EUROPE AMERICAS 3 30% 24% 23% 1% NOTE * R&D executives in Europe have ranked the need for an open innovation process as one of their top five role-related priorities in GTM's 2011 and 2012 annual R&D priorities surveys. SOURCES "Idea Generation and Portfolio Management: 2012 Global R&D/Innovation and Product Development Survey Results" http://slidesha.re/MqfXst "From Portfolio Management to Open Innovation: 2012 Americas R&D/Innovation and Product Development Survey Results" http://slidesha.re/LKE3C6 "Open Innovation for Idea Generation: 2012 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/Luious "Portfolio Management and Open Collaboration: 2012 Asia Pacific R&D/Innovation and Product Development Survey Results" http://slidesha.re/LDHS5H "2011 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/N5M4A2 DEFINITION Open innovation is based on the tenet that ideas can come from anywhere, that they can be used throughout the new product development process, and that unused ideas can be utilized by other businesses, or new markets-or licensed externally. ORIGINAL FILE JPG: http://bit.ly/LkqqGH PDF: http://bit.ly/Mikzlr Growth Team MembershipTM (GTM) is a premier, subscription-based best practices organization affiliated with Frost & Sullivan. M [email protected] O www.gtm.frost.com @Frost_GTM FROST O SU L LIVA N Copyright 2012 Frost & Sullivan RALLY THE TROOPS It's time to go all in for Open Innovation. tock Open innovation (OI) helps companies break the cycle of incremental innovation by capturing game-changing ideas and technologies. While companies around the world have embraced Ol, some are more willing than others to commit sufficient resources to it. OPEN INNOVATION STAFFING Percentage of companies with a dedicated Ol team Dedicated Ol staffing (median value) Ol team structure GLOBAL BASELINE Sub-group within R&D 56% 1114 AMERICAS Sub-group within R&D 59% European companies have stressed a need for Ol for the past two years,* but still lag behind their peers. EUROPE Part-time technology scouts within R&D 42% ASIA PACIFIC Sub-group 10 within R&D 72% Asia-Pacific companies lead the pack in regards to dedicating staff to Ol. THE ROLE OF OPEN INNOVATION Percentage of companies who use Ol across each product development stage. 4 IDEA IDEA CONCEPT PRODUCT GENERATION SCREENING TESTING LAUNCH 33% 24% 25% 5% GLOBAL BASELINE Despite the increased risk of lost IP, Asia-Pacific companies are more inclined to use Ol during the later stages of product development. RANK AMERICAS AMERICAS ASIA PACIFIC ASIA PACIFIC 1 38% 25% 30% 11% ASIA PACIFIC EUROPE AMERICAS EUROPE 33% 25% 24% 8% EUROPE ASIA PACIFIC EUROPE AMERICAS 3 30% 24% 23% 1% NOTE * R&D executives in Europe have ranked the need for an open innovation process as one of their top five role-related priorities in GTM's 2011 and 2012 annual R&D priorities surveys. SOURCES "Idea Generation and Portfolio Management: 2012 Global R&D/Innovation and Product Development Survey Results" http://slidesha.re/MqfXst "From Portfolio Management to Open Innovation: 2012 Americas R&D/Innovation and Product Development Survey Results" http://slidesha.re/LKE3C6 "Open Innovation for Idea Generation: 2012 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/Luious "Portfolio Management and Open Collaboration: 2012 Asia Pacific R&D/Innovation and Product Development Survey Results" http://slidesha.re/LDHS5H "2011 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/N5M4A2 DEFINITION Open innovation is based on the tenet that ideas can come from anywhere, that they can be used throughout the new product development process, and that unused ideas can be utilized by other businesses, or new markets-or licensed externally. ORIGINAL FILE JPG: http://bit.ly/LkqqGH PDF: http://bit.ly/Mikzlr Growth Team MembershipTM (GTM) is a premier, subscription-based best practices organization affiliated with Frost & Sullivan. M [email protected] O www.gtm.frost.com @Frost_GTM FROST O SU L LIVA N Copyright 2012 Frost & Sullivan RALLY THE TROOPS It's time to go all in for Open Innovation. tock Open innovation (OI) helps companies break the cycle of incremental innovation by capturing game-changing ideas and technologies. While companies around the world have embraced Ol, some are more willing than others to commit sufficient resources to it. OPEN INNOVATION STAFFING Percentage of companies with a dedicated Ol team Dedicated Ol staffing (median value) Ol team structure GLOBAL BASELINE Sub-group within R&D 56% 1114 AMERICAS Sub-group within R&D 59% European companies have stressed a need for Ol for the past two years,* but still lag behind their peers. EUROPE Part-time technology scouts within R&D 42% ASIA PACIFIC Sub-group 10 within R&D 72% Asia-Pacific companies lead the pack in regards to dedicating staff to Ol. THE ROLE OF OPEN INNOVATION Percentage of companies who use Ol across each product development stage. 4 IDEA IDEA CONCEPT PRODUCT GENERATION SCREENING TESTING LAUNCH 33% 24% 25% 5% GLOBAL BASELINE Despite the increased risk of lost IP, Asia-Pacific companies are more inclined to use Ol during the later stages of product development. RANK AMERICAS AMERICAS ASIA PACIFIC ASIA PACIFIC 1 38% 25% 30% 11% ASIA PACIFIC EUROPE AMERICAS EUROPE 33% 25% 24% 8% EUROPE ASIA PACIFIC EUROPE AMERICAS 3 30% 24% 23% 1% NOTE * R&D executives in Europe have ranked the need for an open innovation process as one of their top five role-related priorities in GTM's 2011 and 2012 annual R&D priorities surveys. SOURCES "Idea Generation and Portfolio Management: 2012 Global R&D/Innovation and Product Development Survey Results" http://slidesha.re/MqfXst "From Portfolio Management to Open Innovation: 2012 Americas R&D/Innovation and Product Development Survey Results" http://slidesha.re/LKE3C6 "Open Innovation for Idea Generation: 2012 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/Luious "Portfolio Management and Open Collaboration: 2012 Asia Pacific R&D/Innovation and Product Development Survey Results" http://slidesha.re/LDHS5H "2011 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/N5M4A2 DEFINITION Open innovation is based on the tenet that ideas can come from anywhere, that they can be used throughout the new product development process, and that unused ideas can be utilized by other businesses, or new markets-or licensed externally. ORIGINAL FILE JPG: http://bit.ly/LkqqGH PDF: http://bit.ly/Mikzlr Growth Team MembershipTM (GTM) is a premier, subscription-based best practices organization affiliated with Frost & Sullivan. M [email protected] O www.gtm.frost.com @Frost_GTM FROST O SU L LIVA N Copyright 2012 Frost & Sullivan RALLY THE TROOPS It's time to go all in for Open Innovation. tock Open innovation (OI) helps companies break the cycle of incremental innovation by capturing game-changing ideas and technologies. While companies around the world have embraced Ol, some are more willing than others to commit sufficient resources to it. OPEN INNOVATION STAFFING Percentage of companies with a dedicated Ol team Dedicated Ol staffing (median value) Ol team structure GLOBAL BASELINE Sub-group within R&D 56% 1114 AMERICAS Sub-group within R&D 59% European companies have stressed a need for Ol for the past two years,* but still lag behind their peers. EUROPE Part-time technology scouts within R&D 42% ASIA PACIFIC Sub-group 10 within R&D 72% Asia-Pacific companies lead the pack in regards to dedicating staff to Ol. THE ROLE OF OPEN INNOVATION Percentage of companies who use Ol across each product development stage. 4 IDEA IDEA CONCEPT PRODUCT GENERATION SCREENING TESTING LAUNCH 33% 24% 25% 5% GLOBAL BASELINE Despite the increased risk of lost IP, Asia-Pacific companies are more inclined to use Ol during the later stages of product development. RANK AMERICAS AMERICAS ASIA PACIFIC ASIA PACIFIC 1 38% 25% 30% 11% ASIA PACIFIC EUROPE AMERICAS EUROPE 33% 25% 24% 8% EUROPE ASIA PACIFIC EUROPE AMERICAS 3 30% 24% 23% 1% NOTE * R&D executives in Europe have ranked the need for an open innovation process as one of their top five role-related priorities in GTM's 2011 and 2012 annual R&D priorities surveys. SOURCES "Idea Generation and Portfolio Management: 2012 Global R&D/Innovation and Product Development Survey Results" http://slidesha.re/MqfXst "From Portfolio Management to Open Innovation: 2012 Americas R&D/Innovation and Product Development Survey Results" http://slidesha.re/LKE3C6 "Open Innovation for Idea Generation: 2012 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/Luious "Portfolio Management and Open Collaboration: 2012 Asia Pacific R&D/Innovation and Product Development Survey Results" http://slidesha.re/LDHS5H "2011 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/N5M4A2 DEFINITION Open innovation is based on the tenet that ideas can come from anywhere, that they can be used throughout the new product development process, and that unused ideas can be utilized by other businesses, or new markets-or licensed externally. ORIGINAL FILE JPG: http://bit.ly/LkqqGH PDF: http://bit.ly/Mikzlr Growth Team MembershipTM (GTM) is a premier, subscription-based best practices organization affiliated with Frost & Sullivan. M [email protected] O www.gtm.frost.com @Frost_GTM FROST O SU L LIVA N Copyright 2012 Frost & Sullivan RALLY THE TROOPS It's time to go all in for Open Innovation. tock Open innovation (OI) helps companies break the cycle of incremental innovation by capturing game-changing ideas and technologies. While companies around the world have embraced Ol, some are more willing than others to commit sufficient resources to it. OPEN INNOVATION STAFFING Percentage of companies with a dedicated Ol team Dedicated Ol staffing (median value) Ol team structure GLOBAL BASELINE Sub-group within R&D 56% 1114 AMERICAS Sub-group within R&D 59% European companies have stressed a need for Ol for the past two years,* but still lag behind their peers. EUROPE Part-time technology scouts within R&D 42% ASIA PACIFIC Sub-group 10 within R&D 72% Asia-Pacific companies lead the pack in regards to dedicating staff to Ol. THE ROLE OF OPEN INNOVATION Percentage of companies who use Ol across each product development stage. 4 IDEA IDEA CONCEPT PRODUCT GENERATION SCREENING TESTING LAUNCH 33% 24% 25% 5% GLOBAL BASELINE Despite the increased risk of lost IP, Asia-Pacific companies are more inclined to use Ol during the later stages of product development. RANK AMERICAS AMERICAS ASIA PACIFIC ASIA PACIFIC 1 38% 25% 30% 11% ASIA PACIFIC EUROPE AMERICAS EUROPE 33% 25% 24% 8% EUROPE ASIA PACIFIC EUROPE AMERICAS 3 30% 24% 23% 1% NOTE * R&D executives in Europe have ranked the need for an open innovation process as one of their top five role-related priorities in GTM's 2011 and 2012 annual R&D priorities surveys. SOURCES "Idea Generation and Portfolio Management: 2012 Global R&D/Innovation and Product Development Survey Results" http://slidesha.re/MqfXst "From Portfolio Management to Open Innovation: 2012 Americas R&D/Innovation and Product Development Survey Results" http://slidesha.re/LKE3C6 "Open Innovation for Idea Generation: 2012 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/Luious "Portfolio Management and Open Collaboration: 2012 Asia Pacific R&D/Innovation and Product Development Survey Results" http://slidesha.re/LDHS5H "2011 European R&D/Innovation and Product Development Survey Results" http://slidesha.re/N5M4A2 DEFINITION Open innovation is based on the tenet that ideas can come from anywhere, that they can be used throughout the new product development process, and that unused ideas can be utilized by other businesses, or new markets-or licensed externally. ORIGINAL FILE JPG: http://bit.ly/LkqqGH PDF: http://bit.ly/Mikzlr Growth Team MembershipTM (GTM) is a premier, subscription-based best practices organization affiliated with Frost & Sullivan. M [email protected] O www.gtm.frost.com @Frost_GTM FROST O SU L LIVA N Copyright 2012 Frost & Sullivan