Beautiful beginning for open innovation
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This document discusses the open innovation initiative Document Services Valley (DSV) and its success factors. DSV is a network of over 200 companies collaborating on innovation projects initiated by Maastricht University. Large companies like Canon-Océ participate to maintain margins amid digital disruption. PADSI is DSV's multi-phase process for collaborations. Key success factors identified include an internal culture that rewards innovation, a team of business developers to facilitate interactions, and network events for intense collaboration. Entrepreneurs view DSV as providing opportunities to meet companies and stimulate innovation through collaboration with larger partners.
Beautiful beginning for open innovation
- 1. Initiated by Maastricht University A BEAUTIFUL BEGINNNING FOR OPEN INNOVATION The Journey of Document Services Valley and it’s Success Factors Wiebke Eberhardt & Aditya Pawar 27-03-2013 Initiated by Maastricht University
- 2. Initiated by Maastricht Initiated by Maastricht University University
- 3. “ Large companies also are learning that it might be more profitable to become a platform to attract a variety of smaller firms for collaboration rather than simply try to partner with or acquire a single firm. Henry Chesbrough, Open Services Innovation (2011) Initiated by Maastricht Initiated by Maastricht University University
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- 5. Increasing adoption of cloud computing/ digital storage Financial performance Océ 2011 “disappointing” Initiated by Maastricht Initiated by Maastricht University University
- 6. “ With innovative document management services, a provider Need for like Océ Business service Services is in a innovation position to maintain healthy margins Anton Schaaf, CEO at Océ N.V. Initiated by Maastricht Initiated by Maastricht University University
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- 8. Open Innovation Initiated by Maastricht Initiated by Maastricht University University
- 9. 86 Over currently 200 companies running in the projects network 10 42 34 projects in projects in projects in PADSI PADSI PADSI phase 2 phase 1 phase 3 Initiated by Maastricht Initiated by Maastricht University University
- 10. The Research To identify the success factors for open innovation at Document Services Valley Initiated by Maastricht Initiated by Maastricht University University
- 11. Intensity Brand(affiliation & identity) Trust Minimal administration Face-to-face Frequency Structure & direction Process Nature of Incentives PADSI collaboration/ interaction Filter on: Success Factors Approachability BDs • Literature • Uniqueness to Social Adaptability BDs DSV Discussion BDs • Expert Explorative nature Emergent Composition of feedback States value network Neutral environment Competencies Outsider role of Canon-Océ Internal locus of control Not being perfect Same industry collaboration Learning from own/other mistakes Nature of knowledge Entrepreneurial Qualities Initiated by Maastricht Initiated by Maastricht University University
- 12. How do we evaluate success Challenge: Intangible benefits Long-term nature of open innovation Multiple goals and objectives Measures of success: Intention to collaborate With other PADSI entrepreneurs With Canon-Océ Perception of others as partners Contribution to long-term success Initiated by Maastricht Initiated by Maastricht University University
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- 17. of PADSI entrepreneurs think that Document Services Valley has an added value for their company Initiated by Maastricht Initiated by Maastricht University University
- 18. Key Insights Important to create an “internal culture that welcomes, expects and rewards innovative processes” (Eisingerich, 2009) Team of Business Developers Promote informal environment, internal locus of control and trust Network moments for intense interactions Stage-gate-process as supporting tool Initiated by Maastricht University
- 19. What does it mean for different stakeholders? The Entrepreneurs Government Business Canon-Océ Developers Initiated by Maastricht Initiated by Maastricht University University
- 20. PADSI entrepreneurs say… “Een plek om bedrijven te “Meest interessante, innovatieve en inhoudelijke ontmoeten en innovatie te ondernemersnetwerk in Limburg” stimuleren” Most interesting, innovative and -with respect to the content- best entrepreneurial network in Limburg A place to meet other companies and to stimulate innovation “Kleinschalig maar toch breed gedragen. Silicon Valley XS” Small yet widely supported. Silicon Valley XS “Samenwerking met een bekend bedrijf, echter onder “Schitterende startup kans voor de paraplu van een stichting” innovatieve ondernemers!” Wonderful start-up opportunity for Collaboration with a well known innovative entrepreneurs! company, but under the umbrella of a foundation “Persoonlijke Aandacht” Personal Attention Initiated by Maastricht Initiated by Maastricht University University