On December 12, 2019, China’s first third-party open innovation platform, PondSpace, was officially launched for trial operation!
This signifies that Chinese enterprises and institutions have new options for implementing open innovation strategies to achieve the goal of upgrading and transformation, that is, organizations can also have a purpose through the "liquid space", an innovation market intermediary (also called innovation broker). To find and import creative, knowledge and technical resources from all over the world to solve their own innovation needs and innovation challenges, and to speed up the internal innovation process. This is a powerful and necessary supplement to the existing technological innovation models of enterprises and institutions; at the same time, enterprises and technical institutions can also transfer or commercialize more internal R&D results through the platform to maximize the return on R&D investment.
Management practices and research have shown that in the era of the Internet and the digital economy, companies relying solely on internal R&D resources to carry out high-cost and high-risk innovative activities are not only difficult to win in the rapidly changing market and increasingly fierce competition, but they are even gradually eliminated. The danger of being out. As a new innovation model that is becoming more and more popular, open innovation has been adopted by more and more leading companies, and it is gradually developing from large enterprises to small and medium enterprises and public institutions.
Why has open innovation gradually attracted the attention of many business managers in the past two decades and has gradually been widely accepted globally? This is mainly due to the rapid development of technology, intensified market competition, frequent flow of personnel and knowledge, active technology transactions, and ample venture capital investment, which make the traditional closed technology innovation organization model unsustainable. Many leading European and American companies are gradually innovating. An open strategy was applied in the activity to open the corporate organizational boundary in innovation activities, and adjust and improve the internal innovation strategy and organizational behavior accordingly. Harvard Business School Professor Henry Chesabrough theorized the concept of open innovation and published a monograph "Open Innovation-New Rules for Technological Innovation and Profiting from it" in 2003. After that, open innovation began to attract the attention of the majority of corporate managers and spread widely around the world.
Many leading companies and technical institutions in Europe, America and Japan have taken the lead in reforming innovation models and implemented open innovation strategies based on their actual conditions. For example, in terms of importing external knowledge, companies can use methods to search for and purchase external technologies on their own, fund university research projects and repurchase research results, invest in start-ups, cooperate with independent innovation intermediaries or platforms, and carry out innovation challenge crowdsourcing and grand prix competitions. And build your own innovative community network platform, etc. Among them, cooperation with a third-party open innovation platform is an important implementation method and an important supplement to the company's own channels. However, due to various practical reasons such as business and technology, these foreign third-party platforms have rarely successfully landed and operated in China. The PondSpace open innovation platform of Liquid Space just fills up such market vacancies, which can be described as the right time. Especially at the critical time when Chinese companies face transformation and upgrading and innovation-driven development.
PondSpace is positioned as a professional innovation broker and innovation promotion agency. It is carefully built by Shanghai Xunfu Hechuang Education and Technology Co., Ltd. based on the open innovation theory and the "Internet + professional service" model. Currently, Liquid Space has launched two major service sections. , Four major service products.
The first major service sector is innovative brokerage services, including three innovative service products: Innovation Challenge, Innovation Grand Prix, and Artist Technology Residency, to meet the innovation needs of different corporate customers at different levels and stages.
The second major service sector is the Innovation College, which is mainly engaged in the research and consultation of theories, methods and processes related to innovation, the spread of open innovation concepts, and educational training services based on collaborative learning theory and innovative brokerage practices. At present, the platform is mainly based on "collaborative learning training", and subsequent commissioned research services and consulting services for theories, methods and processes related to innovation will be gradually launched.
Mr. Jianheng Luo, the founder of "Liquid Space", believes that "cross-border" and "collaboration" are important ways of innovation, and the value of the platform is reflected in helping customers accelerate innovation and the commercialization of knowledge assets. He said that corporate innovation is more due to the interaction and incentives between individuals or groups with different knowledge and experience, and through organized behavior, including groups and organizations working together in the form of collaboration and mutual empowerment. With only cross-industry and no collaboration, it is difficult for companies to implement their innovation strategies and goals. For this reason, when he plans to build the service of the liquid space platform, he provides a supporting service of “collaborative learning training” especially for the platform’s corporate and institutional customers and participants in innovation challenges to improve the implementation of open innovation. Effect and enhance innovation ability.
Mr. Luo Jianheng also stated that the PondSpace platform of Liquid Space will take "linking knowledge and co-creating value" as its business philosophy, and is committed to becoming China's most active third-party open innovation and service operation platform, helping Chinese enterprises and technology institutions to drive innovation strategies Implementation.