Innovation can be different in a global network.
Network-centric innovation is an open and collaborative approach that supplants the closed, firm-centered strategies with which we are all more familiar. These more traditional methods no longer serve organizations well in a Web-enabled world when the raw materials of innovation, especially ideas and talent, are more mobile and widely distributed than ever.
[…] Professor Sawhney questions some of the traditional assumptions of innovation, and elaborates on the meaning of network-centric innovation, making the point that it’s not just about innovating with customers, but creating innovation ecosystems. He describes the various nodes of IBM’s innovation ecosystem, and this got me thinking about the innovation ecosystems for associations.