Monday, 20 June 2011

“Accelerating Innovation through Open Innovation” – Dr Sam Hoste “This Little Piggy” Leeds Inventors Group 18th May 2011

“This Little Piggy” is a new company set up by Dr Sam Hoste and Dr Eileen McMorrow and launched at Venturefest in February. The company is based at York University and Sam gave this talk to the group to explain the idea of “open innovation”.

Open innovation is a situation where organisations take ideas from both outside and within the company. They buy or licence processes and inventions from other companies while sharing or licencing any of their own unused patents etc with others. This obviously requires a good deal of cooperation.

Sam looked at different innovation types – from products to services, processes to aesthetic innovation. In SMEs he concluded that innovation is a broad area and is as much about people and how they develop during interaction with others. It is a habit which needs to be developed and focussed. It is important for any organisation to see beyond the potential barriers of individual departments and specific functions and even beyond the organisation itself to see what knowledge and experience can be brought together and used. Exchanges of ideas and people between different sectors – such as academia and the commercial sector – is equally important. As this way of working develops the potential may be there for SMEs to work with larger companies and individuals to work with SMEs.

Innovation challenges

Part of this, of course, is information gained from customers. Companies can gain this information through interaction with customers, focus groups, surveys and interviews.

In many cases open innovation is a new way of working which in itself brings challenges. “This Little Piggy” offers training, workshops and consultancy to help companies deal with the challenges and develop new strategies and partnerships. 

Dr Sam Hoste       
Dr Eileen McMorrow

Suite 124,  The Ron Cooke Hub,
University of York, Heslington, York
YO10 5GE

Phone : 0845 305 5595

Our Twitter name is @piggy2market :

Saturday, 4 June 2011

Sheffield and Manchester Inventors Groups 6th & 7th June 2011

Sheffield Inventors Group will be on Monday June 6th 2011 6:00pm when Dr Kin Kam of Inclusive Innovations in York will be speaking about "The Road to Market - lessons about IP and product development". Kin has lots of experience of inventing and will also be happy to talk about his Dragon's Den experience.Tel: 0114 2734736

Manchester Inventors Group
6pm - 7:45pm Tuesday 7th JUNE 2011
City Library, Elliot House, 151 Deansgate, Manchester, M3 3WD (see map)
Guest speaker - Terry Singleton
"Terry Singleton, one of our Manchester Inventors Group committee members, talks about his invention to alleviate back pain. A “pain free” route to market? Terry describes his experiences in health care invention over the past 25 years."