Subject category:
Production and Operations Management
Published by:
Harvard Business Publishing
Version: 9 March 2015
Revision date: 20-Apr-2015
Length: 19 pages
Data source: Field research
Topics:
Collaborative innovation; Innovation focused strategy; Management; Asset allocation; Energy; Innovation; Technology; Cross functional management; Knowledge management; Information management; Community development; Information technology; Manufacturing; R&D; Health; Strategy; Managing creativity & innovation; Crowdsourcing; Green business
Abstract
The case describes Siemens, a worldwide innovator in the Energy, Healthcare, Industry, and Infrastructure & Cities sectors, and its efforts to develop and commercialize new R&D through open innovation, including internal and external crowdsourcing contests. Emphasis is placed on exploring actual open innovation initiatives within Siemens and their outcomes. These include creating internal social- and knowledge-sharing networks and utilzing third party platforms to host internal and external contests. Industries discussed include energy, green technology, infrastructure and cities, and sustainability. In addition, the importance of fostering a collaborative online environment and protecting intellectual property is explored.
Teaching and learning
This item is suitable for postgraduate and executive education courses.Time period
The events covered by this case took place in 2009-2013.Geographical setting
Region:
World/global
Country:
Germany
Featured company
Siemens
Turnover:
USD 1 billion
Industry:
Energy, health care, industry, and infrastructure & cities
Other keywords:
Fortune 500
Featured protagonists
- Norbet Lütke-Entrup (male), Head of Technology & Innovation Management group
- Thomas Lackner (male), Head of Open Innovation & Technology Scouting initiative
Subject category:
Production and Operations Management
Published by:
Harvard Business Publishing
Version: 18 March 2015
Length: 17 pages
Data source: Field research
Spanish language
Subject category:
Production and Operations Management
Published by:
Harvard Business Publishing
Version: 22 October 2013
Revision date: 3-May-2019
Length: 21 pages
Data source: Field research
About
Abstract
The case describes Siemens, a worldwide innovator in the Energy, Healthcare, Industry, and Infrastructure & Cities sectors, and its efforts to develop and commercialize new R&D through open innovation, including internal and external crowdsourcing contests. Emphasis is placed on exploring actual open innovation initiatives within Siemens and their outcomes. These include creating internal social- and knowledge-sharing networks and utilzing third party platforms to host internal and external contests. Industries discussed include energy, green technology, infrastructure and cities, and sustainability. In addition, the importance of fostering a collaborative online environment and protecting intellectual property is explored.
Teaching and learning
This item is suitable for postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2009-2013.Geographical setting
Region:
World/global
Country:
Germany
Featured company
Siemens
Turnover:
USD 1 billion
Industry:
Energy, health care, industry, and infrastructure & cities
Other keywords:
Fortune 500
Featured protagonists
- Norbet Lütke-Entrup (male), Head of Technology & Innovation Management group
- Thomas Lackner (male), Head of Open Innovation & Technology Scouting initiative
Related
Subject category:
Production and Operations Management
Published by:
Harvard Business Publishing
Version: 18 March 2015
Length: 17 pages
Data source: Field research
Subject category:
Production and Operations Management
Published by:
Harvard Business Publishing
Version: 22 October 2013
Revision date: 3-May-2019
Length: 21 pages
Data source: Field research