News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Levin Furniture

Meaden & Moore

Hennes Paynter Communications


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us




Exploradio: Ohio invests in open innovation
A Beachwood company pairs businesses in need of innovation with an international network of solution providers
by WKSU's JEFF ST. CLAIR
This story is part of a special series.


Reporter / Host
Jeff St. Clair
 
Open innovation means looking outside your company's domain for solutions to novel technology needs. It's a process the state of Ohio is facilitating with grants to a Beachwood-based technology search company.
Courtesy of NineSigma
Download (WKSU Only)

Innovation can happen in a flash, in mythical light-bulb moments.  But more often it takes time, effort, and resources for companies that need to make changes quickly. 

Ohio’s Third Frontier program recently granted $2 million to a Beachwood-based company to help pick up the speed of business innovation in Ohio.

In this week’s Exploradio, WKSU’s Jeff St.Clair talks to NineSigma's Andy Zynga about the process of ‘open’ innovation.

Exploradio: Andy Zynga on open innvation

Other options:
Windows Media / MP3 Download (3:46)


Open Innovation explained
Zynga says open innovation helps companies get around production road-blocks.  It's a process where searches for solutions take place outside the company, and often outside their main domain of business.  NineSigma has a team of around 15 scientists, engineers, and Ph.D's who craft a clear question that summarizes the problem at hand.  The question is phrased in a way that it guards against intellectual property concerns of the company, but also sparks interest in a network of solution providers.  

NineSigma International CEO Andy Zynga lists approximately 2 million contacts in their portfolio of problem solvers, with satellite offices in seven countries.

Outside the local comfort zone
The 'open' part of open innovation is that nearly all the solutions are already in the public domain.  The 'open' call for proposals from solution providers pairs companies with a set of possible answers to technology and process problems that 'in-house' searches might have missed.

Zynga says open innovations broadens that search, facilitates the filtering process, and helps negotiate exchanges of information.  Often the end product of an open innnovation search is a proof-of-concept design proposal, fast-tracked R&D project, or simply added expert knowledge that was otherwise unobtainable.

Ohio invests in innovation
In July, 2012 Ohio's Third Frontier program awarded $2,097,563 to NineSigma, and $1,767,100 to yet2.com, Inc., based in to Needham, Mass., with the promise that yet2.com will open an office in Ohio.  The awards were part of $8 million set aside for the Ohio Dept. of Development's Open Innovation Initiative.  Third Frontier's overall allocations in the 2012 fiscal year were around $60 million out of a potential pool of $190 million in money set aside for grants.

Help for midsize businesses
NineSigma will spend its $2 million in grant money to reach midsize businesses in Ohio and spread the word about open innovation.  The program plans to engage 40 companies this year and another 80 next year in varying levels of assistance.  The state grant money essentially pays half the fee of a technology search for those midsize companies that contract with NineSigma.    
Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook



Support for Exploradio
provided by:








Stories with Recent Comments

ResponsibleOhio leader says the state is trying to set Issue 3 up for failure
Ohio suppose to believe that a group of investors were united under one cause to legalize marijuana.Once legal they all of sudden turn into 10 different compani...

Terry Pluto: U of A's new athletic director has the toughest job in town
It is a hard sell. The Students do not want to go to the football games and they do not want to pay for the program. They have a lot of student loan debt and t...

Akron considering the future of the B.F. Goodrich smokestacks
This BFGoodrich alumna says, "Thank you, Dave Lieberth!"

State creates panel to look at Ohio charter school sponsors
It is more than disturbing that charter schools, which seemed like a good idea years ago, have begun to cripple public school education.

DEVO mural in Akron is now on display downtown
The installation is not at the former site of Chili Dog Mac. CDM was one block north on the other side of Main St.

New report shows growth in white collar jobs for Northeast Ohio
Unfortunately, there are fewer jobs in comparison to the number of professionals applying for them. I have been had a full time job since June 2012. In order to...

Advocacy group: Ohio could lead in clean energy
Ohio Legislators, You are supposed to be our leaders but you're not taking us where we want to go - where we need to go!

Campaign for and against marijuana legalization begins
Cannabis legalization needs to happen as soon as possible! But not if it gives monopolies to a selected few to grow and sell the herb. Responsible Ohio's mono...

Heinen's in downtown Cleveland sponsors a contest for food entrepreneurs
Love that this took place right here! What a way to support local. Thank you Heinens! Love this quote, as a small local biz, I agree, it's big!! "To be a small...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University