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Innocentive is a third party innovation marketplace which functions with a prize-based open innovation model.
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Problem: letter a pharmaceutical company's r&d group was conducting a discovery cogitation for a parvenue drug.
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Jeff howe first mentioned the term ' crowdsourcing ' fashionable an article publicized in wired cartridge in 2006.
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This essay discusses the impact of crowdsourcing in the class of crowd conception on the caller through a case study of pharmafx which is letter a large european medicament company.
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What does InnoCentive do as an open innovation platform?
THE Open Innovation Marketplace. InnoCentive is the global pioneer in crowdsourced innovation. We help innovative organizations solve their important technology, science, business, A/I and data challenges by connecting them with a global network of expert problem solvers.
What's the track record of the InnoCentive challenge?
InnoCentive is a pioneer in Crowdsourced Innovation and has the track record to prove it, with over 2,400 Challenges conducted, over 170,000 solutions proposed, and over $24,000,000 in prizes awarded.
Who are the problem solvers in InnoCentive Innovation Marketplace?
InnoCentive’s Open Innovation Marketplace connects organizations seeking solutions to important challenges they face with an unrivalled network of expert problem solvers – both experts from within your industry, but more importantly experts from outside of your industry that can offer diverse perspectives and fresh insight.
Last Update: Oct 2021
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