Collaborative innovation network

A collaborative innovation network (CoIN) is a collaborative innovation practice that uses internet platforms to promote communication and innovation within self-organizing virtual teams.

Overview

Coins work across hierarchies and boundaries where members can exchange ideas and information directly and openly. This collaborative and transparent environment fosters innovation. Peter Gloor describes the phenomenon as "swarm creativity". He says, "CoINs are the best engines to drive innovation."

CoINs existed well before the advent of modern communication technology. However, the Internet and instant communication improved productivity and enabled the reach of a global scale. Today, they rely on the Internet, e-mail, and other communications vehicles for information sharing.

According to Gloor, CoINs have five main characteristics:

There are also five essential elements of collaborative innovation networks (which Gloor calls "genetic code"):

Examples

CoINs have been developing many disruptive innovations such as the Internet, Linux, the Web and Wikipedia. Students with little or no budget created these inventions in universities or labs. They were not focused on the money but on the sense of accomplishment.

Faced with creations like the Internet, large companies such as IBM and Intel have learned to use the principles of open innovation to enhance their research learning curve. They increased or established collaborations with universities, agencies, and small companies to accelerate their processes and launch new services faster.

Collaborative innovation network factors

Asheim and Isaksen (2002) conclude that innovative network contributes to the achievement of optimal allocation of resources, and promoting knowledge transfer performance. However, four factors of collaborative innovation networks affect the performance of CoINs differently:

Current challenges

Collaborative innovation still needs to be empowered. A more collaborative approach involving stakeholders such as governments, corporations, entrepreneurs, and scholars is critical to tackling today's main challenges.[according to whom?]

See also