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    Collaboration and Open Innovation Approach
    🤝

    Collaboration and Open Innovation Approach

    Catégorie
    1. Structure & Governance
    Sous-catégorie
    1.4. Community Engagement
    Stade
    Pre-Seed

    ⬅️ Back to the guide

    What is at stake?

    Open innovation refers to adopting a collaborative and open approach to encourage innovation.

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    How to adopt a collaborative approach?

    Why is it important?

    Adopting an open innovation and collaboration approach allows you to:

    ➡️ Access complementary skills and resources, promote collective intelligence and thus strengthen the startup's innovation potential

    ➡️ Stimulate creativity and diversity of ideas and thus respond more effectively to the needs of customers & users

    ➡️ Reduce costs and risks related to R&D, development, and marketing of new products and services

    ➡️ Generating new development opportunities and the emergence of disruptive economic models

    Three actions to take right now

    1️⃣ Adopt an open-source and knowledge-sharing approach

    Contribute to the circularity of knowledge by adopting an open-source approach: share research results, data, software, and even business models under a free license, allowing other actors to use, improve, and adapt them to their needs.

    2️⃣ Participate in networks of engaged actors

    To access new opportunities for collaboration, sharing experiences, and best practices.

    3️⃣ Create strategic partnerships

    • Identify potential partners (other startups, universities, research centers, suppliers, customers, and even competitors)
    • Seek partners who share the same values and objectives to build strong and mutually beneficial relationships
    • These partnerships can take the form of product co-development, knowledge exchange, or resource sharing.

    📚 Further Reading

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    📖 Three levels of cooperation (Prophil Study, 2021)

    This text is extracted from the international study conducted by Prophil "Entreprise & post-croissance" (Enterprise & post-growth)

    ECOSYSTEM & COOPERATION: three cumulative levels of engagement (p. 20)

    1. Coopetition: The company departs from a conventional approach to the value chain based on bilateral and unbalanced relationships between stakeholders (e.g., client/supplier) to build sustainable and virtuous relationships with its ecosystem.
    2. → Requires voluntarily developing inter-company and inter-sector partnerships.

    3. Commons management: The company cooperates with various public and private actors, surpassing the logic of competition to preserve common goods and collectively manage negative commons (waste, pollution, etc.) at the level of the territory and/or sector.
    4. → Requires active participation in the governance of actor networks and the pooling of resources (financial, human, innovation).

    5. Large-scale cooperation: The company co-builds and shares innovations with as many actors as possible to bring about systemic change in favor of resource regeneration.
    6. → Requires circularity of knowledge according to open-source principles and the mobilization of actor communities with multiple interests (citizens, universities, non-profit organizations, and private companies...)

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    🎧 Open Innovation: How to get started? What are the challenges? (Podcast - Xploration BivwAk! - 10min)

    Resource offered by BivwAk!, BNP Paribas' transformation hub that combines key competencies, know-how, and assets at the service of transformation and innovation for BNP Paribas Group entities.

    Xploration BivwAk! is a series of audio talks that offer insights into initiatives engaged in for building the world of tomorrow.

    In this episode dedicated to Open Innovation, Anne Lise Lajoie, Strategic Partnership and Open Innovation Leader at BivwAk!, explains the challenges in this approach.

    Open innovation means innovating by breaking down silos. (...) It includes all innovation processes done outside research and development teams. It involves innovation processes with employees who are not part of the research teams, as well as with customers, suppliers, partners, and startups to create innovative solutions together.
    The current and future challenges are so complex that they require systemic solutions (...) To be creative, to go further, diversity is necessary, and that's how we find solutions.

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