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.

Metro RTA

Knight Foundation


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

Environmental study nears completion in East Liverpool
Twenty years ago my twin sister and I protested the building and operation of the WTI facility citing several studies that indicated the risk of cancer due to ...

HOF's Canton expansion could take an island and make it a village
I live in the block from Broad St to the Hall of Fame and will be impacted by the expansion. I am in the process of selling my home and planned to long before i...

Cleveland redeploys police to replace rejected red-light traffic cameras
Periodic rotational enforcement without warning does NOT change behavior and the city officials know that. This is the basis of all officer-run enforcement trap...

New enrollment period offers more insurance options
The removal of federal funding for healthcare CO-OPs may limit the growth of the CO-OP movement. http://www.healthcaretownhall.com/?p=6381

The family of Boardman vet killed in Vietnam receives his medals
My name is Mike Eisenbraun. I am Larry's brother. I was 14 years old when Larry was killed in Vietnam. He has been gone for 46 years but it seems like yester...

Cleveland seniors are creating new wealth -- and facing new challenges
Why is anyone surprised that we people over 65 are not retiring? If you have been paying attention, defined company funded pensions were phasing out in the eigh...

Ohio company cuts off a dairy supplier after allegations of animal abuse
these people should be held accountable for their actions. i would be more than pleased to see a year or more behind bars. i will NEVER eat anything that comes ...

Goodyear recruits thousands of vets
What a wonderful interview! Excellent reporting skills by a talented young reporter! I look forward to hearing more from Ms. Schley!

Ohio Democratic Party begins the rebuilding process
I agree 100% with Sen. Brown. I think it is absolutely critical for the Democratic Party in Ohio to engage in the long, tedious, hard task of re-building from t...

Copyright © 2014 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