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SELECTED PRESS RELEASE:
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posted on:
7/23/2011 2:49:20 PM EST
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Economic Model for Open Innovation
ideaconnection, crowdsourcing, innovation
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IdeaConnection is currently looking for participants to join a team working on the challenge below. This is a re-launched challenge, and if your team’s solution is fully accepted and awarded, and all IP is transferred, each team member will be paid $5000.00.
Economic Model for Open Innovation
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A convincing quantitative-based argument to the CFO and the executive suite of a large, R&D based organization that the company's pilot Open Innovation work should be widely integrated into its current innovation strategy. A study of the various factors that are affected by this integration, and especially their overall effect on economic and financial outcomes are to be included.
The argument will be made via an empirical adaptation of a theoretical economic model combined with a decision tool - the seeker requires a new, predictive economic/financial model that R&D-based companies can use to optimize the proportion of its R&D budget it will dedicate to a portfolio of Open Innovation projects, and to assess the economic costs and benefits of this integration.
If your team's solution to this challenge is accepted in full and awarded, you will each receive $5000.00.
If you are accepted to work with the team, you will be working online with approximately 3-4 other Problem Solvers and one experienced Facilitator.
If you want to work on this challenge please, please click the link below to confirm that you are available to focus your mind on this problem, part time, over the next 10 weeks and that you will be available for 1-2 online meetings each week.
Please be sure to include relevant information about your experience in this field, and also specifically with economic modelling:
https://www.ideaconnection.com/members/view-problem.html?problem_id=8252
Please do not apply if you cannot commit this time to working with the team.
*Important*: If shortlisted, you will be required to sign a Non-disclosure and Intellectual Property Transfer agreement within 24 hours. If you are currently employed and your team's solution is accepted, *you will be required to get an IP release signed by your employer*. Do not apply if you are not certain that your employer will sign this release. You can find a copy of this document here:
www.ideaconnection.com/pdf/addendum-c.pdf
We look forward to your interest and are excited to have you working with us.
Sincerely,
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