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Innovation Exchange
Innovation Exchange Inc. (IX) was an open innovation vendor. IX operates a website which acts as a platform for companies and non-profit organizations to present innovation challenges to a community of innovators. This community is constituted of individuals as well as small and midsize businesses. In contrast to vendors focused primarily on innovation in the physical sciences, Innovation Exchange fosters product, service, process and business model development. Business model IX’s business model takes its inspiration from the work on open innovation and crowdsourcing performed by John Seely Brown (who sits on IX’s advisory board), John Hagel III, Henry Chesbrough, Wim Vanhaverbeke, Joel West and Scott E. Page. Open innovation is increasingly seen as a key mechanism for developing innovations.The Love-in
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Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity realizing or redistributing value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies. Innovation often takes place through the development of more-effective products, processes, services, technologies, art works or business models that innovators make available to markets, governments and society. Innovation is related to, but not the same as, invention: innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations require a new invention. Technical innovation often manifests itself via the engineering process when the probl ...
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Advisory Board
An advisory board is a body that provides non-binding strategic advice to the management of a corporation, organization, or foundation. The informal nature of an advisory board gives greater flexibility in structure and management compared to the board of directors. Unlike the board of directors, the advisory board does not have authority to vote on corporate matters or bear legal fiduciary responsibilities. Many new or small businesses choose to have advisory boards in order to benefit from the knowledge of others, without the expense or formality of the board of directors. Function The function of an advisory board is to offer assistance to enterprises with anything from marketing to managing human resources to influencing the direction of regulators. Advisory boards are composed of accomplished experts offering innovative advice and dynamic perspectives. Meeting quarterly or biannually, boards can provide strategic direction, guide quality improvement, and assess program effec ...
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Crowdsourcing
Crowdsourcing involves a large group of dispersed participants contributing or producing goods or services—including ideas, votes, micro-tasks, and finances—for payment or as volunteers. Contemporary crowdsourcing often involves digital platforms to attract and divide work between participants to achieve a cumulative result. Crowdsourcing is not limited to online activity, however, and there are various historical examples of crowdsourcing. The word crowdsourcing is a portmanteau of "crowd" and " outsourcing". In contrast to outsourcing, crowdsourcing usually involves less specific and more public groups of participants. Advantages of using crowdsourcing include lowered costs, improved speed, improved quality, increased flexibility, and/or increased scalability of the work, as well as promoting diversity. Crowdsourcing methods include competitions, virtual labor markets, open online collaboration and data donation. Some forms of crowdsourcing, such as in "idea competiti ...
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Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, mathematical finance and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They assess ...
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Scott E
Scott may refer to: Places Canada * Scott, Quebec, municipality in the Nouvelle-Beauce regional municipality in Quebec * Scott, Saskatchewan, a town in the Rural Municipality of Tramping Lake No. 380 * Rural Municipality of Scott No. 98, Saskatchewan United States * Scott, Arkansas * Scott, Georgia * Scott, Indiana * Scott, Louisiana * Scott, Missouri * Scott, New York * Scott, Ohio * Scott, Wisconsin (other) (several places) * Fort Scott, Kansas * Great Scott Township, St. Louis County, Minnesota * Scott Air Force Base, Illinois * Scott City, Kansas * Scott City, Missouri * Scott County (other) (various states) * Scott Mountain, a mountain in Oregon * Scott River, in California * Scott Township (other) (several places) Elsewhere * 876 Scott, minor planet orbiting the Sun * Scott (crater), a lunar impact crater near the south pole of the Moon *Scott Conservation Park, a protected area in South Australia People * Scott (surname), including a l ...
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Joel West
Joel West (born April 6, 1975) is an American actor and model. Biography His mother, Jan Gipple, is a veterinary technician. She and his father, Rob West, divorced in 1989. He was discovered by a photographer at a "Dairy Queen" and he has worked for Calvin Klein, Versace, and Hugo Boss, and has become one of the elite models in male model industry. Early life Film career He is signed to famous Nous Model Management in Los Angeles. Model career He is signed to small boutique agency Hello Models NYC in New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L .... Filmography References External links Collection* {{DEFAULTSORT:West, Joel 1975 births Living people Male models from Iowa American male television actors Buena Vista University alumni People from I ...
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Wim Vanhaverbeke
Wim is a masculine given name or a shortened form of Willem and other names and may refer to: * Wim Anderiesen (1903–1944), Dutch footballer * Wim Aantjes (1923–2015), Dutch politician * Wim Arras (born 1964), Belgian cyclist * Wim Blockmans (born 1945), Professor of Medieval History at Leiden University * Wim Boost (1918–2005), Dutch cartoonist * Wim Boissevain (born 1927), Australian painter * Wim Cohen (1923–2000), Dutch mathematician * Wim Cool (born 1943), Dutch politician * Wim Crouwel (1928–2019), Dutch graphic designer and typographer * Wim Crusio (born 1954), Dutch behavioral neurogeneticist * Wim De Coninck (born 1959), retired Belgian footballer * Wim De Decker (born 1982), Belgian football player * Wim De Vocht (born 1982), Belgian professional road bicycle racer * Wim Deetman (born 1945), Dutch politician and statesman * Wim Delvoye (born 1965), Belgian conceptual artist * Wim Duisenberg (1935–2005), Dutch banker and politician * Wim Ebbinkhuijsen (born 1 ...
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Henry Chesbrough
Henry William Chesbrough (born 1956) is an American organizational theorist, adjunct professor and the faculty director of the Garwood Center for Corporate Innovation at the Haas School of Business at the University of California, Berkeley and Maire Tecnimont Chair of Open Innovation at Libera Università Internazionale degli Studi Sociali Guido Carli, Luiss. He is known for coining the term open innovation. Biography Chesbrough holds a Bachelor of Arts, BA in Economics from Yale University, an MBA from Stanford Graduate School of Business, and a PhD from the Haas School of Business at the University of California, Berkeley. He taught at the Harvard Business School as an assistant professor and Class of 1961 Fellow from 1997 to 2003. He is currently an adjunct professor and the executive director, faculty director of the Garwood Center for Corporate Innovation at the Haas School of Business at the University of California, Berkeley.''CBS MoneyWatch''"Berkeley-Haas' Henry Chesbro ...
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John Hagel III
John Hagel (or John Hagel III) is a management consultant and author. Hagel has spent over 40 years in Silicon Valley. He is the founder of two technology startups and served as the Senior Vice President for Strategic Planning at Atari, Inc. He spent 16 years at McKinsey & Company, where he helped open their Silicon Valley office and served as a leader of their strategy practice as well as founded their e-commerce practice in 1993. Hagel has also been a consultant at Boston Consulting Group. In 2007, Hagel founded the Deloitte Center for the Edge, a Silicon Valley-based research center. The Center for the Edge now has offices in Amsterdam and Melbourne. Hagel is also involved with several other organizations, including the World Economic Forum, where he currently serves as co-chair of the Global Future Council on the Future of Platforms and Systems. He is also on the Board of Trustees of the Santa Fe Institute, an organization that conducts research on complex adaptive systems, a ...
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John Seely Brown
John Seely Brown (born 1940), also known as "JSB", is an American researcher who specializes in organizational studies with a particular bend towards the organizational implications of computer-supported activities. Brown served as Director of Xerox PARC from 1990 to 2000 and as Chief Scientist at Xerox from 1992 to 2002; during this time the company played a leading role in the development of numerous influential computer technologies. Brown is the co-author of ''The Social Life of Information,'' a 2000 book which analyzes the adoption of information technologies. Early life John Seely Brown was born in 1940 in Utica, New York. Brown graduated from Brown University in 1962 with degrees in physics and mathematics. He received a Ph.D. from the University of Michigan in computer and communication sciences in 1970. Career His research interests include the management of radical innovation, digital culture, ubiquitous computing, autonomous computing and organizational learning. JSB i ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Crowdsourcing
Crowdsourcing involves a large group of dispersed participants contributing or producing goods or services—including ideas, votes, micro-tasks, and finances—for payment or as volunteers. Contemporary crowdsourcing often involves digital platforms to attract and divide work between participants to achieve a cumulative result. Crowdsourcing is not limited to online activity, however, and there are various historical examples of crowdsourcing. The word crowdsourcing is a portmanteau of "crowd" and " outsourcing". In contrast to outsourcing, crowdsourcing usually involves less specific and more public groups of participants. Advantages of using crowdsourcing include lowered costs, improved speed, improved quality, increased flexibility, and/or increased scalability of the work, as well as promoting diversity. Crowdsourcing methods include competitions, virtual labor markets, open online collaboration and data donation. Some forms of crowdsourcing, such as in "idea competiti ...
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