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What is Innovation?

Innovation can be simply defined as "invention plus commercialization" (Christopher Freeman), or as "a new way of doing things that is commercialized" (Michael Porter).The term "innovation" is...

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Commercial VS Open Source

The almighty question:Go Open Source or buy Commercial software?Of course, the answer is much more complicated than that. We will attempt in this post to define some of the factors that are playing a...

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You think Apple invented the Ipod? Think again!

In 2001, Apple launched the Ipod, one of the most successful consumer electronics products in history.  Ever since it has completely dominated the mp3 player market.  When people look at the phenomenal...

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Digium.com EC analysis

A short history of Digium.comAsterisk is a software implementation of a telephone private branch exchange (PBX) originally created in 1999 by Mark Spencer. Asterisk is released under a dual license...

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Crowdpreneurship and Open Innovation: The case of Gumtree.com

Organisations are now in the new age. This is the age of virtual marketplaces.These virtual marketplaces, through the use of Web 2.0, make full use of the crowd for everything in terms of content. So,...

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InnoCentive: The eBay for Innovation

The company InnoCentive is a pioneer in the emerging field of Open Innovation (OI) and a company that is rightly considered OI’s poster child.  InnoCentive is as an electronic marketplace for ideas, an...

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Intellectual Property Rights and Innovation in Greece

On Friday, February 26, 2010, we had the chance to attend an interesting all-day workshop on "Intellectual Property Rights & Innovation" at Athens Information Technology (AIT) in Greece.  The...

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Intellectual Property Resources for Innovators

Intellectual Property (IP) is an issue of utmost importance to inventors and innovators that is often overlooked.  In this post, we describe what IP is  and provide URLs with information about...

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Nokia goes Open Source

On February 23rd of this year Nokia announced that Symbian had become Open Source. Google’s Open Source Android mobile phones and the smart phone by Apple (iPhone) have dominated the market with their...

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The Power of Openness: Open Innovation Lessons from McLaren

Early in the month of April, 2010, the National Endowment for Science, Technology and the Arts (NESTA),  an independent body on innovation in the United Kingdom announced the top 100 global winners of...

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Stefan Lindegaard’s "The Open Innovation Revolution" - Book Summary and Review

I have just finished reading the book "The Open Innovation Revolution: Essentials, Roadblocks and Leadership Skills" by Stefan Lindegaard.  Stefan is a very active member of the LinkedIn and Twitter...

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Physiotherapy innovation uses Formula 1 technology

Up to now there has been no agreed upon definition of Innovation. In our post “What is innovation”, we used Christopher Freeman’s definition of innovation as the "invention plus commercialization" and...

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Telecoms in Greece

After a 5 year price war, telecoms are bleeding...The telecom industry in Greece has hit a dead end. After years of losing money, the crisis has hit Greece and things are even worse than...

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