Companies Increasingly Struggle to Generate Open Innovation Outcomes! 01Booster Publishes White Paper on "Achieving Open Innovation Results" Based on Practical Knowledge

As a business creation company, 01Booster (Headquarters: Chiyoda-ku, Tokyo, Representative Director: George Gouda) supports new business development and open innovation for large corporations. We have released the white paper "Concept and Approach to Open Innovation for Outcome Creation."

This document systematically organizes the concepts and methods for 'Open Innovation Leading to Outcome Creation,' based on the latest global trends in open innovation, research findings, and 01Booster's support achievements.

Open Innovation Initiatives are Expanding, Yet Challenges Remain in Generating Outcomes

In recent years, open innovation initiatives within large corporations have become increasingly widespread.

Activities such as collaboration with startups, acceleration programs, CVC investments, and scouting, all aimed at creating new businesses through external partnerships, have become commonplace for many companies.

However, through dialogues with corporate open innovation and new business development managers, 01Booster has heard many of the following challenges:

"We match with startups, but it doesn't lead to commercialization."

"We conduct PoCs, but they don't result in outcomes."

"The objectives and themes of open innovation are unclear."

"Internal decision-making and promotion are difficult."

"Definitions and evaluation methods for outcomes are not established."

The background to these challenges lies in open innovation being introduced as a 'method' without sufficient strategic planning or process design for outcome creation.

Furthermore, globally, the trend in open innovation is shifting from 'initiatives' to 'outcome creation,' and Japanese companies are also being called upon to implement more practical approaches.

Organizing the Concepts for Open Innovation Leading to Outcome Creation

In light of these challenges, this white paper organizes the concepts and methods for open innovation that lead to outcome creation.

It specifically explains the following points:

Definition and current status of open innovation

Latest trends in Japan and globally

Business creation process through open innovation

Concepts for theme setting and objective design

Latest methods such as the venture client model

Practical points for achieving results

01Booster's support cases

Representative Comment