Open Innovation

Most FutureLearn courses run multiple times. Every run of a course has a set start date but you can join it and work through it after it starts. Find out more Open Innovation is designed for anyone with an interest in research and development, or supply chain management. It will be equally relevant to those working in either services, process or product-orientated businesses. A business background is not essential but is advantageous.

• Introduction to open innovation
• Sources of ideas and innovation
• Processes for open innovation
• Processes and benefits of supply chain integration
• Impact of information on managing the innovation process
• Types of integration and impact of a product’s newness
• Risks of open innovation and the dark side of integration
• Introduction to absorptive capacity and its impact on open innovation
• The conditions for open innovation
• The impact of social capital and the organisational network
• Process innovation lifecycle
• Stages of process innovation and link to integration
• Challenges in measuring the impact of open innovation
• Open innovation and services
• Challenges in converting to an open innovation model