Accelerating Open Innovation
Collaborate to Innovate and beat the Competition
$5500.00
## **Accelerating Open Innovation – 5-Day Training Program**
### **Introduction**
Open Innovation (OI) is a strategic approach that leverages internal and external ideas, technologies, and partnerships to accelerate innovation outcomes. In today’s fast-changing markets, organizations must break silos and collaborate across boundaries to stay competitive. This program equips participants with the knowledge, tools, and strategies to implement and accelerate OI initiatives effectively.
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### **Objectives**
By the end of the course, participants will be able to:
1. Understand the principles, types, and drivers of Open Innovation.
2. Identify opportunities for OI within their organization or projects.
3. Evaluate and select appropriate collaboration models and partners.
4. Manage intellectual property (IP) and knowledge-sharing risks in OI projects.
5. Apply practical tools and frameworks to accelerate innovation processes.
6. Develop an actionable plan to implement OI in their context.
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### **Target Audience**
* R\&D managers and innovation leaders
* Business development and partnership managers
* Product and project managers
* Entrepreneurs and start-up founders
* Corporate strategy professionals
* Government and NGO innovation teams
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### **Course Outline – 5 Days**
**Day 1 – Foundations of Open Innovation**
* What is Open Innovation? Closed vs. Open Models
* Key drivers and benefits of OI
* Types of OI (Inbound, Outbound, Coupled)
* Global best practices and case studies
* OI maturity model assessment (self-evaluation)
**Day 2 – Strategy and Opportunity Identification**
* Linking OI to corporate strategy
* Scanning and scouting for innovation opportunities
* Building an innovation ecosystem
* Tools for technology trend analysis and market foresight
**Day 3 – Collaboration Models & Partnering**
* Strategic alliances, joint ventures, and co-creation models
* Selecting and engaging the right partners (start-ups, academia, suppliers)
* Open platforms and crowdsourcing for innovation
* Negotiating collaboration agreements
**Day 4 – Managing Risks, IP, and Implementation**
* IP management in OI (licenses, patents, NDAs)
* Balancing openness with competitive advantage
* Cultural and organizational challenges in OI
* KPIs and performance measurement for OI initiatives
**Day 5 – Acceleration Tools and Action Planning**
* Agile and lean methods in OI
* Digital tools and platforms for faster collaboration
* Case study: Accelerating innovation in a real-world project
* Group workshop: Designing your OI acceleration plan
* Presentations and peer feedback
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### **Learning Methods**
* **Interactive lectures** with real-world examples
* **Group discussions** and peer learning
* **Case study analysis** from various industries
* **Hands-on exercises** for applying OI tools
* **Role-playing & simulations** for partner negotiations
* **Action planning workshop** for real-life application
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### **End of the Course**
* **Final group presentations** of each participant’s Open Innovation Action Plan
* **Feedback session** from trainers and peers
* **Certificate of Completion** awarded to participants who meet course requirements
* **Post-course toolkit**: templates, checklists, and recommended readings for OI implementation
