Open innovation is becoming more popular

because, when done well, it produces leaps in

innovation faster and cheaper than when going it
alone. In a networked world it is becoming easier to
discover the partners and technologies that we
need to grow our businesses. If we look.
Use this tool if youre thinking of planning,
designing or implementing an open innovation
programme or want to know what would be
involved at each stage.

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The toolkit follows the three distinct phases of a

typical innovation process. We call them Explore,
Extract and Exploit.

ACT
EXTR

IP Strateg
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Open Inno
vatio
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ode
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ESS MODELS
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6.

The Explore stage deals with strategy and insight.

The Extract stage prioritises ideas and creates
propositions that are worth further investment. The
Exploit stage gets you to a working prototype and
business model, ready to scale or launch.

Welcome to the 100%Open Innovation Toolkit!

You can use all of this process or individual parts of it

depending on where you are in your innovation
journey. Please do spend some time familiarising
yourself with it so you can see where its value might
lie for you. After that, feel free to dive in to the
individual tools. Each has its own short briefing
document that will guide its use.

Project Lead:
David Simoes-Brown, 100%Open
toolkit@100open.com
(+44) (0) 20 7759 1050
100open.com
Produced by 100%Open
Somerset House
London, UK

Give | Get

5. DE
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