The Bleeding Edge of Innovation

The 2014 Open Innovation Conference in Baltimore provided valuable insights for both open innovation professionals and those who focus on ‘Closed Innovation’. Key themes from the event included the growing importance of open innovation as a way to gain competitive distinction, the crucial role of senior technical contributors and the need to construct a ‘sponsor spine’. The conference also emphasised the significance of offering something in return to attract top talent to open innovation practices. Data was also highlighted as a key element, with public data transforming the ability of small teams to develop infrastructures in just a few minutes.