Shared Purpose

Abstract

Open Innovation 2.O (OI2) is a new paradigm based on principles of integrated collaboration, co-created shared value, cultivated innovation ecosystems, unleashed exponential technologies, and rapid adoption, often accelerated by an innovation methods based on prototyping and experimentation in real world. At the core of OI2 is the concept of shared vision/value and the quadruple helix innovation model where government, industry, academia, and citizens/users aligned around a common shared vision, can drive structural improvements far greater than any one organization could achieve on their own through collaborative innovation. Cultivating and orchestrating an ecosystem, which leverages a common innovation platform allowing co-creation and deep user involvement and innovation, is crucial to successful results.