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Open Innovation Strategies
Collaborating with Startups to Accelerate Corporate Innovation
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Course duration: 2 days, 9.00 - 17.00
Innovation is essential for a firm’s success in today’s competitive landscape. Because of exponential growth of new technologies, the decentralized nature of knowledge, and increasingly complex value networks, firms can no longer rely solely on in-house innovation. Consequently, a crucial paradigm shift from closed to open innovation has occurred in the last two decades. The open innovation (OI) concept has emerged as a very effective strategy to transform firms radically and turn them into innovation machines. The main idea behind the concept is that innovation can be and should be generated with external partners.
This executive course is designed to enhance the open innovation capabilities of firms of all sizes. We will explore various OI processes-including inside-out, outside-in, and coupled models-and discuss how to design and implement them effectively. Additionally, we will examine strategies for building and scaling innovation ecosystems, a crucial capability for firms navigating today’s rapidly evolving business environment.
Key benefits
- Learn about various modes of Open Innovation
- Map out different forms of corporate-startup collaboration
- Compare traditional models with emerging ones
- Apply decisive criteria to determine the most ideal startup for your firm
- Understand common drawbacks that lead to the failure of collaborations
- Identify the most suitable corporate-startup collaboration model for your firm
- Build and sustain your own innovation and entrepreneurship ecosystem
- Foster strategic partnerships and position your organization at the forefront of industry transformation
- Gain the knowledge and tools to drive impactful open innovation initiatives
Who should attend?
R&D and Innovation Teams and Managers, Strategy Managers & Business Development Managers.
Course content
- Open Innovation (OI) concept
- Various OI modes and processes
- Building and scaling innovation ecosystems
- Corporate-Startup collaboration models
- Implementing a managerial framework for selecting most ideal model for your organization
Course lecturers
Ferhat Demir, Ph.D., MBA
Dr. Ferhat Demir earned his MBA from Kennesaw State University in the United States and his Ph.D. in Management and Managerial Economics from the Prague University of Economics and Business where he now works as a full-time faculty member at the Department of Entrepreneurship. He conducts research in innovation management, open innovation, corporate-startup collaboration, strategic management, and corporate entrepreneurship that has been published in leading journals such as R&D Management and Review of Managerial Science.
Course supervisor
Ferhat Demir, Ph.D., MBA
E-mail: ferhat.demir@vse.cz
Linked-in: https://www.linkedin.com/in/dfdemir/
What is included in the price?
Certificate, light refreshments.
Do you need help?
Dates of courses
Do you want to train more people from your company? Are the course dates not suitable for you?
We will be glad to prepare a tailored company training for your needs.
