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Overview
Open Innovation is driving a wave of new product development and business innovation that comes with a brand new set of rules. It has the potential to turn a product innovation team of fifty into one of five thousand and cut new product development cycles down from 18 months to 18 weeks.
Entrepreneurial companies with big eyes and small pockets are capitalizing on a new world of business collaboration. While others, clinging desperately to fading product lines and shrinking bottom lines are now breathing new life into old brands and leveraging Open Innovation platforms to enter into new and sustainable product categories.
And then there are the behemoths. Having had the foresight to begin the external search for innovation early, and the budgets to take more than their fair share of calculated risk, companies like P&G, Pfizer, Apple, Kraft and IBM are achieving great success across the board. While these forward reaching giants are still in the early phases of unlocking the true potential of Open Innovation, they are paving the way for many as they begin to more fully exploit this new, seemingly borderless world by developing hard and fast business strategies in line with changing business ideologies.
The 2nd Annual Open Innovation Summit features the industry's leaders, chief innovators, bloggers, inventors and other experts. Our program features case studies and best practices that reengineer how you must approach the front-end innovation practices to compete most effectively in a world of exponential growth and change.
Attendees will hear from some of today's most innovative companies and learn the secrets of how they are looking to both the front and back end of innovation to skyrocket themselves to new levels of success. They will explore external sourcing options and develop strategic partner management plans. They will identify new approaches to achieving internal buy-in and begin developing value-added (and risk-adverse) IP strategies.
Attendees will network with experts who will help them to identify new and exciting channels to help them fatten their own product pipelines. They will leave with not only a solid understanding of the limitless opportunities available but tactical plans for integrating new concepts and strategies into their existing business structures. And ultimately, they will begin forming those strategic partnerships that will deliver commercial success.
The Conference Experience
- Innovation Executives From Some of the Most Innovative Companies discuss strategies for Successfully Managing and Maximizing Open Innovation Platforms
- Best Practices in Strategic Innovation Sourcing
- Open Innovators Open Mic Night! – Hear from some of today's leading inventors, entrepreneurs and academic think tank leaders – This 1.5 hour session will deliver untold value to all who attend!
- High attendance from Inventors and Innovators With The Ability to Turn the Summit Into An Active Dynamic Part of Your Product Development Pipelines
- Expert Insights Into Out-Licensing and Leverage Patents As A Source For Innovation
- Two Days of Best Of Class Case Studies On
- Strategic Innovations Sourcing Options
- Building an Open Innovation Network
- Managing Complex Patent Issues Associated with Open Innovation
- Develop Internal Structures To Best Support Front End Open Innovation Iniatiatives
- Identify New And Exciting Opportunities To Expand Your Current Product Development Pipeline
- 3 Days of Cutting Edge Innovation Sourcing Strategies From A Diversity of Non-Tech Sectors Already Profiting From Open Innovation Initiatives
- The Most Comprehensive Gathering of Innovation, Product Development, Marketing and Patent Executives In The Industry
- 6 In Depth Training Opportunities
Key Conference Program Take-Aways
- Expand your product development capabilities
- Ensure your back-end operations are supporting your front-end initiatives
- Reduce product development cycles as long as 18 months down to as little as 18 weeks!
- Brand your organization and an industry leader and partner of choice
- Expedite time to market with commercially viable innovations
- Learn what companies are doing to breath new life into old brands for quick return on spending
- Develop methods for leveraging Open Innovation to enter into new and sustainable products
- Discover innovative companies with the power of rapid globalization capabilities
- Develop tangible metrics to maximize ROI on open innovation initiatives
- Understand the complex world of Intellectual Asset Management
- Avoid costly issues of patent defense
- Create open innovation training modules to integrated new concepts throughout the organization
- Uncover innovative smaller companies not yet in the spotlight who may hold the keys to your success
- Explore external sourcing options
- Develop strategic partner and supplier management programs
- Create value added (and risk-adverse) IP strategies
- Meet cutting edge entrepreneurs and inventors
- Network with potential partners with the capabilities catapult your organization to new levels of commercial success
Special Networking Event Open Innovators' Spotlight Come Fatten Your Product Development Pipelines...
Inventors, Entrepreneurs and Academics take the microphone and shed light on some of their latest and greatest innovations that may be the key to your next product launch. The evening sheds light on some of the best and brightest ideas out there and brings together creators and developers to help fuel the drive towards innovation for all attendees.
Whether you're an inventor with an idea you're looking to get exposure for, an R&D executive looking for new innovations to draw into your product pipelines, or just looking for fuel to feed a creative mind, this is an evening you don't want to miss!
Share Your Case Study
Do you have a story to tell? We will be selecting a group of top-notch presenters with major stories to share for this conference. If you have an interesting example of a success story, a field-tested solution to a pressing business problem or a case study of a way your organization has "jumped the curve," please let us know.
For consideration for this event, please prepare your proposal and contact Alex Levin, Executive Director, at (646) 723-8048 or alex@worldrg.com.
SPECIAL NOTICE TO VENDORS, CONSULTANTS & SOLUTION PROVIDERS
Whether you are looking to build awareness, generate new business or strengthen existing relationships – a presence at the The Open Innovation Summit will help you achieve your goals. Be at the right place at the right time. A limited number of sessions on the program are reserved for our event sponsors. Solution providers who wish to become part of the program or exhibit hall should contact Meredith Sands at (646) 723-8056 or meredith@worldrg.com.
The Crowd – Who You'll Meet
The Open Innovation Summit is designed for those companies looking to drastically expand their new product development pipelines, streamline their product development cycles, hasten their time to market and decrease the cost of new product development and innovation.
The Open Innovation Summit brings together the most diverse gathering of executives driving innovation and growth within their organizations. As Open Innovation becomes more and more a part of tomorrow's product pipelines, companies are recognizing the need for touch points throughout the organization in order to properly manage ongoing and future Initiatives.
The Networking
The Open Innovation Summit Delivers a balance of high quality content together with networking activities for the exchange of ideas and best practices. Networking activities take place during morning coffee, and lunch, as well as during key breaks throughout the agenda. There is also a Wine & Cheese reception created to facilitate the relationship building that will let you grow your network and develop key contacts across the industry. We offer both group rates and other discounts.
For more information or to register, please contact the World Research Group toll free by phone at (800) 647-7600 or via e-mail at info@worldrg.com.
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