InnoCentive Update - Insights into Innovation

Evaluating Solver Proposals

Evaluation of Solver Proposals is the most exciting, important and time consuming part of working with InnoCentive. While you’re trying to determine the value of the Proposal based on its technical or business merit, you’re also trying to determine its novelty, strategic value, intellectual property standing and cost of integration. To help with the evaluation, we’ve provided some helpful tips that have been time-tested by some of our most effective Seeker Clients.

Evaluation Tips

  • Try to limit the number of people who review the submissions to protect yourself from IP contamination. Usually, the owner can make a first pass and filter out a number of the submissions that are not relevant or viable. Then a larger group can spend more time on the top tier Challenges
  • Make a checklist of requirements so you can see which ones are met or addressed by the submissions. This will help differentiate submissions quickly.
  • TAKE NOTES: good notes as you filter solutions will be very useful when you go to write evaluations later on. Otherwise you will end up having to re-read all the submissions because you cannot remember why you rejected it in the first pass. This will save lots of time.
  • Usually, you can group them by approach as several will use the same type of approach even though they are very different. You can then pick the best one using that approach and put the others aside. Then you can compare the best of each approach.
  • You may want to make a matrix or a spreadsheet listing the submissions, approach, requirements met, notes etc. This allows for direct comparison on one sheet.
  • Talk with your InnoCentive IPM (Innovation Program Manager) before you make your final decisions to discuss. (Note: the Solvers will not see anything you do until the IPM approves your evaluations.

Evaluation Differences by Product Type

Ideation Challenges:

  • You retain the rights to ALL solutions but must distribute the entire award amount.
  • You just need to pick the winners and do not have to evaluate each non-winner. You should rate them with a number, but do not have to give reasons for rejection.
  • You receive the contact information of all of the Solvers that are awarded.

Theoretical Licensing Challenges:

  • The submission shall be evaluated on a theoretical basis only. You cannot conduct or require any reduction to practice or experimental validation of the proposal before a monetary award has been paid for the right to do so.
  • You can choose whether or not to purchase any of the proposed solutions for the award amount.
  • You will be granted a non-exclusive license to use any of the technology purchased.
  • You must provide reasons for rejection as described above.
  • You receive the contact information of all of the Solvers that are awarded.

Theoretical IP Challenges:

  • The submission shall be evaluated on a theoretical basis only. You cannot conduct or require any reduction to practice or experimental validation of the proposal before a monetary award has been paid for the right to do so.
  • You can choose whether or not to purchase any of the proposed solutions for the award amount.
  • You will be granted Intellectual Property Rights for any of the technology purchased as submitted in the Proposal.
  • You must provide a number rating and reasons for rejection as described above.
  • You receive the contact information of all of the Solvers that are awarded.

RTP Challenges:

  • The submission can be experimentally validated within the evaluation period.
  • You can choose whether or not to purchase any of the proposed solutions for the award amount.
  • You will be granted an exclusive license to use any of the technology purchased.
  • You must provide a number rating and reasons for rejection as described above.
  • You receive the contact information of all of the Solvers that are awarded.

eRFP Challenges:
InnoCentive will provide you with all of the proposals and you may contact the individuals/companies that submitted them.
You should discuss with the IPM whether you think you will or will not contact each Solver.
Contact information will be included in each submission.

Send A Solver Contest - September 1st to December 31st

OFFICIAL RULES

NO PURCHASE NECESSARY

1. Eligibility**. The SEND A SOLVER Contest (the “Contest”) is open to all registered Solvers (as defined in the InnoCentive Terms of Use) who are legal residents of the 50 United States, the District of Columbia, Canada, the United Kingdom, and Australia, age 18 years or older as of September 1, 2009. Void in Puerto Rico, Guam, The U.S. Virgin Islands, the Province of Quebec, and wherever taxed, prohibited or restricted by law. Employees (and their immediate families and household members) of InnoCentive, Inc. (the “Sponsor”) and its and their parents, subsidiaries, divisions, affiliates, participating vendors, distributors, advertising and promotion agencies and affiliated entities (collectively, the “Contest Entities”) are not eligible to win. By entering the Contest, entrants agree to accept and be bound by all terms of these Official Rules and Regulations (”Official Rules”).

2. How to Enter. From September 1, 2009 to December 31, 2009 (the “Promotional Period”), Sponsor will conduct a Contest encouraging participants to refer new qualified Solvers for a chance to win a prize. To enter the Contest, Solvers will receive a unique referral URL that will identify entering Solvers as a “Referring Solver.” This URL (the “Referral URL”) is associated with the Solver profile of the Referring Solver and is not transferable. Each Referring Solver must forward the Referral URL to individuals who the Referring Solver believes would interested in becoming a new Solver, and who are not registered as a Solver at the time of referral. All new Solvers referred by a Referring Solver must have completed the registration process by 11:59 PM Eastern Daylight Time on December 31, 2009 for the referral to be eligible. InnoCentive is not responsible for misdirected, incomplete, lost or late referrals or registrations, technical, hardware or software failures, whether human, mechanical, typographical, electronic or otherwise, lost or unavailable network connections, or failed, incomplete, garbled, or delayed computer transmissions or other errors or problems which may limit or affect a person’s ability to participate in the Contest. In the event of sabotage, acts of God, terrorism or threats thereof, computer virus or other events or causes beyond the Sponsor’s control which corrupt the integrity, security, administration or proper operation of the Contest, Sponsor reserves the right, in its sole discretion, to modify, cancel or suspend the Contest. In the event of cancellation, Sponsor reserves the right to award prizes from among all eligible, non-suspect referrals received prior to the event requiring such cancellation. False or deceptive referrals or acts will render the Referring Solver ineligible.

3. Qualified Solvers. Only referrals that are Qualified Solvers will be eligible referrals for the purposes of this Contest. Sponsor will evaluate whether a referral is a Qualified Solver based on the InnoCentive Terms of Use. Sponsor reserves the right, in its sole and absolute discretion, to determine whether a referred Solver is a Qualified Solver for purposes of a Contest referral. Any referrals must be of NEW Solvers to be eligible. If a Solver has a Solver account as of September 1, 2009 and registers again using a Referral URL, that Solver registration will not be a Qualified Solver for purposes of the Contest. Use of any device to automate a referral or other entry is prohibited. Proof of submission of a referral shall not be deemed proof of acceptance of a Qualified Solver by Sponsor. Sponsor’s server is the official time keeping device for the Contest. Solvers are required to provide truthful information and Sponsor will reject and delete any referral that it discovers to be false or fraudulent. Sponsor will disqualify any entry from individuals who do not meet the eligibility requirements, and Sponsor will also delete any entry received from persons under the age of 13 in compliance with the Children’s Online Privacy Protection Act.

4. Prizes.
a. One (1) Grand Prize will be awarded and includes $2,000 (USD) in cash and a $2,000 Global Giving Gift Card. The Global Giving Gift Card can be used by the winner to make a $2,000 donation to any of Global Giving’s 400+ charities. Information is at www.globalgiving.org. Actual retail value of all prizes equals $4,000.
b. The $2,000 (USD) would be mailed to the winner in the form of a check.
c. There is no substitution, transfer, or cash equivalent for the Global Giving Card, except that Sponsor may, at its sole discretion, substitute prizes of comparable value or cash. The prizes are expressly limited to the item(s) listed above and do not include taxes, gratuities or any other expenses. Other restrictions may apply.

5. Winner Selection and Notification.
a. Decisions of Sponsor with respect to the Contest are final.
b. One (1) winner will be selected on January 1, 2010 by being the Referring Solver who successfully refers the most Qualified Solvers, as described in these Official Rules. In the event that two (2) or more Referring Solvers are tied with the most number of successful Qualified Solvers, the winner will be selected in a random drawing of all tied entrants.
c. ODDS OF WINNING DEPEND UPON THE NUMBER OF ENTRIES RECEIVED.
d. Sponsor will notify winner via email.
e. Winners must execute and return any required Affidavit of Eligibility and/or Release of Liability Prize Acceptance Form within five (5) business days of notification attempt or prize will be forfeited and an alternate winner may be chosen by random selection from all remaining eligible entries. If a potential winner cannot be contacted, fails to sign and return the required affidavit of eligibility and liability/publicity release within the required time period, or if a prize or prize notification is returned as undeliverable, potential winner forfeits prize.

6. Conditions.
a. Payments of all federal, state and local taxes are solely the responsibility of the winners. Winners will be required to complete and submit an IRS Form W-9 with the winner’s full Social Security Number or the equivalent for receipt of any prize valued at $600 or more or for any prizes awarded by Sponsor in a calendar year with an aggregate value of $600 or more. Failure to submit a complete W-9 or equivalent will result in forfeiture of the prize. If you believe that you are not required to pay U.S. federal taxes, you must provide satisfactory proof to us that we do not need to collect tax information.
b. By participating in the Contest, the winner or winners agree to have their name, voice, or likeness used in any advertising or broadcasting material relating to this Contest without additional financial or other compensation, and, where legal, to sign a publicity release confirming such consent prior to acceptance of the prize.
c. Failure to comply with the Official Rules may result in disqualification solely at the discretion of the Sponsor.
d. Sponsor is not responsible for typographical or other errors in the printing, the offering or the administration of the Contest, or in the announcement of a prize.
e. Before being declared a winner, any Canadian elected entrant must first correctly answer, unaided, a time-limited, arithmetical, skill-testing question to be administered by telephone at a mutually convenient time.

7. Internet Privacy Policy. By use of this website and by entering the Contest, you agree to the InnoCentive Web Site Terms of Use Agreement and to the use of your personal information as described in the Privacy Policy. Personal information will be transferred to the InnoCentive servers located in the United States. By entering the Contest, you consent to such transfer.
**InnoCentive understands that its loyal Solver base is not limited by national boundaries, but at this time the Contest is regionally limited due to the complexities of many countries’ rules and regulations with respect to contests and sweepstakes. InnoCentive hopes to broaden its country scope and open eligibility for future contests.**

8. General Rules and Regulations. By claiming the prize, winning Solvers authorize the use, without additional compensation, of his or her name and/or likeness and municipality of residence for promotion and advertising purposes in any manner and in any medium which Sponsor may deem appropriate. Each winning Solver may be required to sign, without limitation, an affidavit of eligibility, a liability release, a tax acknowledgement form, and except where prohibited by law, a use of name and likeness release and return all within five (5) business days of notification. Noncompliance within this time period, or failure of the potential winning Solver to respond to a notification attempt within five (5) business days of such attempt, may result in disqualification. If (i) any prize or prize notification is returned as undeliverable, (ii) a potential winning Solver declines his or her prize, or (iii) a potential winning Solver fails to comply with any of the Official Rules as outlined herein, such potential winning Solver will be disqualified and an alternate winner may be selected by random drawing at Sponsor’s sole discretion. The Contest Entities expressly disclaim any responsibility and entrants agree to indemnify and hold harmless the Contest Entities and their respective employees, officers, directors, shareholders and agents, from and against any and all claims, actions, demands and/or liability for injury, damage or loss whatsoever relating to or arising in connection with participation in this Contest (regardless of the cause of such injury, damage or loss) and/or the delivery of any of the prizes awarded. No more than the stated number of prizes per these Official Rules will be awarded.

9. Official Rules or Winner’s List. For a copy of the Official Rules, or the Winner’s List (available within thirty (30) days of the end of the Contest), send a self-addressed, stamped envelope to the Sponsor at InnoCentive, Inc., 201 Jones Road, Floor 4 East, Waltham, MA 02451 USA. Please specify “Official Rules” or “Winners” in your request.

InnoCentive understands its loyal user base is not limited by national boundaries but at this time the contest is regionally limited due to the complexities of many countries’ rules and regulations.
InnoCentive hopes to broaden its country scope for future contests.

SPONSOR: InnoCentive, Inc.

 

Tell Us What You Think - and Enter to Win $1000

We have recently launched a survey to solicit your insight about open innovation.  Working with a professional survey firm, DB5/CrossTabs (www.cross-tabs.com), we would like to gather your thoughts on a short list of topics. Your participation enters you to win $1000 in a drawing at the end of April. The survey is brief and takes less than 20 minutes.

As always, we respect your anonymity and privacy. Your identity, contact information and responses remain confidential.

InnoCentive Survey for SOLVERS

InnoCentive Survey for SEEKERS

Thank you again for your support.

Sincerely,

The InnoCentive Research Team

InnoCentive At-A-Glance

About InnoCentive

Founded in 2001, InnoCentive built the first global web community for open innovation, enabling scientists, engineers, professionals and entrepreneurs to collaborate to deliver breakthrough solutions for innovative R&D-driven organizations. InnoCentive Seekers, who collectively spend billions of dollars on R&D, submit Challenges to the InnoCentive Marketplace where more than 200,000 engineers, scientists, inventors, business people, and research organizations in more than 200 countries are invited to solve them. Solvers who deliver the most innovative solutions receive financial awards ranging up to US$1,000,000. InnoCentive’s Seekers include commercial, government and non-profit organizations such as Procter & Gamble, Avery Dennison, Pendulum, SAP, Eli Lilly and Company, Janssen, Solvay, GlobalGiving and The Rockefeller Foundation.

Website: www.innocentive.com
Corporate blog:
http://blog.innocentive.com
Facebook Page:
http://www.facebook.com/InnoCentive
Twitter: http://twitter.com/InnoCentive

Corporate Headquarters:

InnoCentive, Inc.
201 Jones Rd, 4th Floor East
Waltham, MA 02451
Toll free: +1-866-812-7339

Key people:

  • Dwayne Spradlin, President & CEO
  • Robert Kinney, CFO & VP, Operations
  • David Ritter, Chief Technology Officer
  • Jon Fredrickson, VP of Sales
  • Bonnie Kiesling, VP of Marketing
  • Lisa Reinhold, VP of Client Services
  • Steve Shapiro, VP of Strategic Consulting

Challenge Industry Types:

  • Business and Entrepreneurship
  • Chemistry
  • Computer Science and IT
  • Engineering and Design
  • Food & Agriculture
  • Life Sciences
  • Mathematics and Statistics
  • Physical Sciences
  • Requests for Partners/Suppliers


Stage of Funding:
Series B: To date InnoCentive has received over $16 million in investment through Spencer Trask Ventures.


Solvers:

  • The InnoCentive Solver community is one of the worlds most diverse, socially committed and financially rewarded network of creative minds.
  • InnoCentive offers the world’s most intellectually stimulating and personally rewarding Challenges.
  • InnoCentive gives Solvers the opportunity to apply passion, creativity and knowledge necessary to Challenges that change the world one innovation at a time.


Seekers:

  • Seekers are corporations large and small, non-profit organizations and government entities.
  • InnoCentive seekers are visionaries who understand that R&D must evolve to meet the challenge of the 21st century in order to properly accelerate product creativity, ingenuity and time to market.
  • Open access to one of the world’s most diverse and socially committed network of creative minds.
  • InnoCentive manages the lifecycle of innovation, providing a systematic, confidential and pay-for-performance approach for any organization to find, review and purchase innovation.


Awards:
Range from $5,000 to $1 million based on the complexity of the problem. To date over $4 million in award money has been awarded to Solvers. To date 539 Submissions have been awarded, for prizes typically in the $10,000 to $25,000 range.


Interesting Facts and Statistics
(updated 02/05/2010)

Total Solvers: 200,000+
Total Challenges Posted: 1008
Project Rooms Opened to Date: 279,449
Total Solution Submissions: 17,548
Total Awards Given: 641
Total Award Dollars Posted: $23.56 million
Total Dollars Awarded: $5.3 million
Average Success Rate: 50%
Total employees: 32

Solutions of Note

InnoCentive has worked with several non-profit organizations to aid in finding solutions to some of the world’s most pressing Challenges. Below is an overview of some of the Challenges that have recently been solved through InnoCentive.

Oil Industry Outsider Solves Oil Spill Recovery Challenge

In the summer of 2007, the Oil Spill Recovery Institute (OSRI) posted 3 Challenges on the InnoCentive website, all dealing with oil spill recovery issues. The first of these Challenges was solved in November 2007 by an oil industry outsider who used his expertise in the concrete industry to come up with the winning solution. John Davis, an InnoCentive Solver from the Central United States, was awarded $20,000 for his creative solution. Find out more about this Challenge.

Solver brings Light to African Villages

In late 2007, SunNight Solar, an organization that is dedicated to shining a light on problems plaguing the developing world including poverty, women’s safety, health, and literacy, sought the help of InnoCentive’s Solver community to create a dual-purpose solar light to serve as both a lamp and a flashlight to be used in African villages and other areas of the world without electricity. This invention provides sufficient light for security at night, enabling children to study and allowing family members to safely walk to outhouses at night. An electrical engineer from New Zealand solved the Challenge and was awarded $20,000 in March 2008.  Find out more about this Challenge.

TB Alliance Works to Eradicate One of the World’s Deadliest Diseases

In late 2007, the TB Alliance, a not-for-profit, product development partnership (PDP) dedicated to accelerating the discovery and development of new and improved drugs to treat tuberculosis, posted a Challenge on the InnoCentive web site.  The Challenge was seeking a theoretical solution to simplify the manufacturing process of a current drug compound.  This new methodology would improve the efficiency and cost-effectiveness of producing the compound, making it more widely available and more effective against the spread of TB, which is responsible for one death every 20 seconds. The solution was provided by two Solvers, one of whom was a scientist with a very personal stake in finding a cure for TB.  As a child, his mother was a victim of the disease, and at the age of 14 he was forced to become the breadwinner for his family.  His contribution to developing a cost effective process will benefit millions suffering from TB especially from developing and underdeveloped countries.   Find out more about this Challenge.

For More Information contact:

Connie French - 978-482-3389
press@innocentive.com

Job openings

InnoCentive currently has two job openings for a new European office in Frankfurt, Germany:

Innovation Program Manager
Senior Sales Executive

Innovation Program Manager - Frankfurt, Germany

The Innovation Program Manager will be based in our new European office to be located in Frankfurt, Germany.  The Innovation Program Manager will be responsible for driving challenge posting volumes and maintaining high levels of client satisfaction through providing pre-sales and post sales Challenge consultation and management to current and prospective European InnoCentive clients.

Job Responsibilities:

  • Actively provide project management for a Challenge from idea to final close which may include:
    • Pre-screening and prioritization recommendations of Challenge ideas
    • Provide guidance and consultation to the Challenge Owner regarding Challenge Type, award level and design to provide the highest probability of success
    • Development of a template to the final Challenge Statement
    • Facilitation of Solver questions to drive quality Solver Submissions
    • Review, filtering and packaging of Challenge Submission for the Client’s evaluation
    • Provide guidance and consultation to the Challenge Owner during the evaluation period
    • Communicate Challenge results to all interested parties
  • Deliver training and best practices sessions for InnoCentive@work & InnoCentive.com clients and prospects
  • Present the business case surrounded by merits of InnoCentive’s open innovation solution to business managers, scientists, innovation champions, and any other prospective challenge sponsor.
  • Keep abreast of industry trends, best practices, and competing/complimentary products. Leverage the knowledge obtained in sales cycles.
  • Develop strong client relationships
  • Conduct, manage, and lead client pilots or “proof-of-concepts”.
  • Work with internal departments (sales, support, marketing, development), as appropriate, to ensure success during sales campaigns and/or to ensure the client experience is extremely positive.
  • Travel 35% of the time

Job Requirements

  • Minimum MS in Chemistry or Engineering and MBA a plus
  • Fluency (written and verbal) in English and at least one other language, preferably German.
  • 5+ years experience serving in a customer-facing role
  • Prior experience running a large scale project within a Fortune 500-1000 company
  • Excellent written, verbal and interpersonal communication skills
  • Success penetrating and managing major accounts (Fortune 500-1000)
  • Exhibits superb presentation, project planning and time management skills
  • Strong work ethic

Senior Sales Executive - Frankfurt, Germany

Founded in 2001, InnoCentive (www.InnoCentive.com) built the first global web community for open innovation, enabling scientists, engineers, professionals and entrepreneurs to collaborate to deliver breakthrough solutions for R&D-driven organizations. InnoCentive Seekers, who collectively spend billions of dollars on R&D, submit complex problems to the InnoCentive Marketplace where more than 180,000 engineers, scientists, inventors, business people, and research organizations in more than 200 countries are invited to solve them. Solvers who deliver the most innovative solutions receive financial awards ranging up to US$1,000,000. InnoCentive’s Seekers include commercial, government and non-profit organizations such as Avery Dennison, SAP, Procter & Gamble, Pendulum, Eli Lilly, Janssen, SCA, Solvay and The Rockefeller Foundation.  InnoCentive has a strong presence and reputation for innovation in Europe and is   establishing a local servicing office in Frankfurt, Germany for client support and new sales growth.

Reporting to the Vice President of Sales in the United States, this individual, based in Frankfurt, will be responsible for growing established relationships with InnoCentive’s Global 1,000 Clients. This includes expanding existing relationships, seeking out and extracting Challenges, introducing internal innovation technologies, innovation training services and driving sales to achieve targeted financial goals. The selected candidate must be comfortable interacting with senior management and their respective scientific and technical staff across different functions.   The ideal candidate will need to work closely with Client Services in the USA and a representative in the Frankfurt, Germany  office location to ensure overall client satisfaction and account growth.  The executive  will also have a leadership role for the additional sales staff member and Client Services staff member to be located in Frankfurt.  An entrepreneurial nature, as well as experience in needs-based consultative selling are requirements.

Specific responsibilities will include:

  • Management activities as a senior sales/business development executive  for the European office including oversight for staffing needs , overall budget and sales plan achievement for Europe, coaching and training of the sales staff member, support of existing clients in conjunction with Client Services
  • Contacting targeted companies who are part of the R&D 1,400, introducing the InnoCentive business model giving presentations to large senior level groups and establishing sales process’ through successful close
  • Providing input on overall sales strategy to include presentations, sales materials, value proposition, key messages, etc.
  • Developing a contact list, within targeted segments and maintaining a pipeline of potential client opportunities
  • Developing an account strategy for each key account with focus on building relationships with key users of the InnoCentive model to ensure maximum utilization and continued challenge, services and technology purchases
  • Being accountable for revenue and performance consistent with the Sales Forecast and InnoCentive Company Objectives
  • Working closely with other functions in the Company (Client Services, Marketing) to achieve goals
  • Minimum expected travel required is 50%.

The successful candidate must possess:

  • Proven experience leadership as a senior sales/BD executive, experience in selling and closing new business opportunities, and maintaining accounts with large, multinational organizations
  • Minimum 10 years’ experience selling information or consultative services into the pharmaceutical, biotech, chemicals, or consumer products industries in Europe
  • Strong presentation skills at the C-level
  • Excellent communications, relationship-building and organizational skills
  • Be fluent in English, German and preferably one additional language relevant in Europe
  • BA or BS degree in (advanced degree strongly preferred)

* We offer a comprehensive and competitive benefits package and encourage you to visit our website at: www.innocentive.com. To apply, please submit credentials to:

careers@innocentive.com. EOE.

Help Wanted

If you are recently unemployed or under-employed, InnoCentive can offer you a unique opportunity to use your mind and compete for cash prizes as high as $1 million.

By completing a free Solver registration, you can try your hand at solving Challenges from a variety of different industries. Minimum payments for successful solutions are $5,000 and average over $30,000.

Click here to complete your registration.

Once registered, you can view all available Challenges and begin receiving weekly emails with new Challenges as they are posted. Work from home, or wherever you can connect to the internet. Work full-time or as your schedule allows to vie for substantial cash awards.

InnoCentive Solver Resources


InnoCentive is pleased to offer you access to a private group within CDD’s database, where you can archive, mine, and collaborate around pre-clinical chemical and biological drug discovery data. When you register you will be automatically added to the InnoCentive Open Access Group within CDD’s website.

Please Note: You are about to leave the InnoCentive website, however the confidentiality agreement you signed in order to access this project room remains in effect inside CDD’s InnoCentive Open Access Group. Although you will be able to collaborate with other InnoCentive Solvers on the CDD website, please do not share Challenge-specific data there. Note that InnoCentive does not monitor CDD’s InnoCentive Open Access Group, so Challenge-specific questions should be asked inside your InnoCentive Project Room.

If you have already signed up as a CDD member through InnoCentive click here to login.
If you are not yet a CDD member, please click here to register.

Corporate

A Global Web Community of Open Innovation

Founded in 2001 by the venture capital arm of pharmaceutical giant Eli Lilly, InnoCentive is the world leader in prize-based open innovation. As a driving force in accelerated innovation, InnoCentive inspires and unites a web community of scientists, engineers, professionals and entrepreneurs worldwide who collaborate to deliver breakthrough solutions for some of the world’s most progressive organizations.

InnoCentive Corporate Seekers are among the world’s most innovative and creative
commercial enterprises, including Avery Dennison, Eli Lilly, Janssen, Procter & Gamble and Solvay.

In 2005, InnoCentive was spun off from Eli Lilly, enabling the company to expand its offerings and serve clients in a variety of other industries. The InnoCentive Marketplace now serves 60 disciplines and sub-disciplines, including:

InnoCentive@Work - Innovation from within

When trying to solve difficult R&D challenges, today’s solution seekers face a significant hurdle. R&D can be a fragmented process.  Talent and collaboration are limited to whichever team is assigned to a particular problem — potentially leaving outside the process those solvers with the best insights.

InnoCentive@Work is an internal web-based community, customized by InnoCentive for your organization. InnoCentive@Work  bridges the silos in disparate R&D organizations — something software models can’t do.  It applies your best internal resources to your organization’s hardest problems so they’re solved faster, better, and cheaper.  Cross-fertilization of ideas and solutions can accelerate R&D by only “inventing the wheel” once and by access­ing the currently untapped value of your institutional experience and knowledge.  Employees can see and collaborate on each other’s proposed solutions, so results occur faster and are more optimized — as measured by significant business impact, higher levels of solving activity, and freshness of thinking.

InnoCentive@Work isn’t just a tool.  It’s a transformation in how organizations practice R&D.  More than a web platform, it’s a comprehensive suite of offerings that help you create an internal web-based collaborative community for problem solvers.  The technology is easy to use.  And your proprietary informa­tion stays safe through a secure website.

InnoCentive is the open innovation leader with years of experience and proven successes.  As part of the implementation we help you:

* Develop Challenges
* Create a process for approving Challenges and reviewing submissions
* Utilize your internal reward currency
* Develop educational and communications materials
* Write policies for integrating open innovation into your existing processes

Later, as you gain experience with open innovation, we’ll also help you move problems from inside the organization to InnoCentive’s global scientific community of Solvers, further increasing the diversity of potential solutions.

For more information about InnoCentive@Work, contact us today at sales@innocentive.com

InnoCentive Products

Depending on your organization’s level of experience with open innovation, you may require different approaches to implementing an open innovation strategy.  Is your organization already comfortable with open innovation and ready to start posting Challenges or do you need help?  Is your organization interested in trying open innovation first within your own pool of talent before reaching out to the broader marketplace?  To meet the full range of solution requirements, InnoCentive offers several product options.

InnoCentive Challenges - An InnoCentive Challenge is a unique problem posted by Seekers in the InnoCentive Open Innovation Marketplace. The goal of a Challenge is to solicit solutions from the Solver community, and ultimately choose the one that best fits the criteria set out by the Seeker. Challenges can be large or small, short-term or long-term. If a solution is selected as “best” by the Seeker, the Solver receives a financial award, which varies per Challenge.

InnoCentive ONRAMP – ONRAMP (Open iNnovation Rapid Adoption Methods and Practices) is a suite of professional services and technical resources from InnoCentive, developed and delivered by our team of scientists, PhDs and consultants to help Seeker companies adopt open innovation rapidly and successfully within their organizations.

InnoCentive@Work – For companies with a vast wealth of untapped research talent, InnoCentive@Work is a logical first step toward true open innovation.  InnoCentive@Work is a comprehensive suite of offerings that help clients create an internal web-based collaborative community for problem solvers.  Later, as companies gain experience with open innovation, we’ll also help move problems from inside the organization to InnoCentive’s global scientific community of Solvers, further increasing the diversity of potential solutions.

Contact us today at 978-482-3329 for more information on which offering is right for your company.

Welcome to InnoCentive

Welcome to InnoCentive! The first step in becoming an InnoCentive Seeker is signing the Master Services Agreement. For new Seekers who would like to post an Ideation or eRFP Challenge, which do not necessitate the transfer of intellectual property, we’ve simplified the agreement and made it available online. Because the contract has been simplified, you can start your Open Innovation initiative with the click of a button, and start seeing success right away.

Once InnoCentive receives your agreement, we’ll contact you to help you get started.
continue


ONRAMP: Inspire Open Innovation

Accelerate Your Success
Your passion for innovation is what sets you apart as an industry leader. ONRAMP (Open iNnovation Rapid Adoption Methods and Practices) helps to ensure your vision — from the “big idea” to the final product — is embraced throughout your organization. ONRAMP gives you the tools you need for rapid adoption of an open innovation culture. You’ll inspire open innovation to accelerate R&D, produce breakthrough products, gain competitive advantage and speed time to market.

Our professional services and resources —with unmatched open innovation expertise, proven and repeatable “best practices” methodologies, and world-class practitioners — will help you transform the culture and processes of your organization. Not only will you see improved dividends, you’ll achieve higher ROI on your innovation investments across the board.

ONRAMP provides planning, education, communication and reporting services to help you manage the process, fine-tune your open innovation plan and measure the returns of your new innovation strategy. Realize the promise of open innovation and accelerate success with ONRAMP.

Find out more about InnoCentive’s ONRAMP suite of professional services and technical resources.
Click here to download the pdf.

Plan for Success
Develop a detailed plan for success with ONRAMP’s Planning and Roll-out services. The ONRAMP Best Practices Workshop helps your team understand the powerful benefits of open innovation and why organizational change is needed — and gives them the tools to accomplish it. The workshops culminate in an Account Plan, outlining first-year goals, the business plan and roll-out strategy.

Educate to Drive Transformation
Accelerate open innovation success with ONRAMP’s Training and Education services.
The Product and Process Training Session prepares you to successfully submit Challenge ideas and define milestones so you can harness the full power of InnoCentive. The Challenge Formulation workshop helps your team define their challenges using established best practices and develop a framework for one-to-one development of future Challenges.

Communicate Vision and Leadership
Share your innovation successes and promote organization-wide buy-in using ONRAMP’s internal communication tools. These tools help leaders and managers share their vision, build support for the new innovation approach and encourage adoption. Our innovative Seeker Portal allows you to view and securely transfer Challenges, Solver submissions and evaluations— and communicate with InnoCentive.

Stay in Touch, Maintain Control
Keep your finger on the pulse with ONRAMP’s reporting features. Our monthly electronic Scorecard details all of your organization’s Challenge and Solver activity, and provides statistics to monitor the process and measure effectiveness. ONRAMP’s Quarterly Business Review (QBR) provides the opportunity for dialog with other executives, focused on examining ROI, assessing lessons learned and offering recommendations for further action.

You are leaving InnoCentive.com

Please Note:
You are now leaving the InnoCentive website. When you click on the link below you will be directed to a Google Groups forum where you can further discuss this Challenge. This forum is open to the public. You may have to set up a free Google account to participate.

Please note that you are still bound by the Solver agreement, and may not discuss details of any other Challenges in this public forum.

Click here to discuss Challenge 6409250 – Is Open-Ended Evolutionary Innovation in a Quarantined System Possible?

Refer-a-Friend Rules

  1. We will email you a unique referral URL that identifies you as a referring Solver. This URL is associated with your Solver profile, so you may not give the URL to others to forward on your behalf.
  2. Please forward your referral URL to individuals who you believe would be interested in becoming Solvers, and who are not currently enrolled as a Solver.
  3. We will evaluate whether a referral is a Qualified Solver based on the InnoCentive Site terms.We reserve the right, in our sole discretion, to determine whether a referred Solver is qualified as a referral.
  4. We reserve the right to terminate or change the Refer-a-Friend program at any time, without notification.
  5. If a referred Solver already has a Solver account, and registers again using your referral URL, you will not be eligible for a referral bonus if that Solver submits a qualified winning solution.
  6. Do not spam
  7. We must obtain tax information from Referrers who are US citizens or residents, and from Referrers who are not US citizens or residents, but whose businesses are taxable in the US. If you believe you are not required to pay taxes, you must provide satisfactory proof to us that we do not need to collect tax information. In order to be able to process a referral bonus, you will need to provide tax status information to us.
  8. Be sure that you have completed all of your Solver profile contact form, and keep it up-to-date to ensure that we have current information. Without accurate contact information we will not be able to deliver referral payments. To update your Solver profile, login to the InnoCentive site and in “My Account” choose the “My Account Information” tab.
  9. You will earn a referral bonus for any referred Solver who submits a winning solution, if that Solver and the award amount meet the following criteria:
    • The Challenge award amount received by the referred Solver is more than $2500.
    • Challenge award amounts from $2501 - 14,999 receive a bonus of $500.
    • Challenge award amounts of $15,000 or higher receive a bonus of $1500
    • Only the first awarded Challenge over $2501 per referred Solver results in a referral bonus.
    • The referred Solver’s winning solution must be submitted within two years of registering as an InnoCentive Solver.

2008 InnoCentive Video Challenge Winners

We are pleased to announce the winners of the 2008 InnoCentive Video Challenge Competition!

The first annual InnoCentive Video Challenge Competition was launched on November 29, 2007. For the Challenge, we asked Solvers to develop 30-90 second video commercials to promote InnoCentive and the benefits of joining the InnoCentive Solver community. The response was tremendous. Over 450 Solvers worked on this Challenge!

Watch the winning videos on our YouTube Playlist.

Details of the Video Challenge

Solvers were asked to communicate, in a persuasive and fun way, the benefits of being an active InnoCentive Solver. The list of recommended themes included, but was not limited to, the following:

  • The intellectual thrill of solving tough InnoCentive Challenges
  • The intellectual pleasure of working on important problems
  • The pride of being part of a global community
  • The opportunity to help solve some of the most pressing of the world’s problems
  • The satisfaction of reaping significant financial rewards
  • The convenience of working your craft on your own terms.

At the end of the submission period, 7 finalists were selected. Among the finalists, we awarded $5,000 prizes to two Solvers:

  • Video #4: The Solver video selected by InnoCentive.
  • Video #7: The Solver video that received the most votes by the Solver community.

We would like to thank all the Solvers who submitted videos in this competition. The originality, creativity, and diversity of the submissions demonstrated the wide range of talent present in our Solver community.

Press Contact

Press Department
978.482.3300
press@innocentive.com

Job Postings

Founded in 2001, InnoCentive (www.InnoCentive.com) built the first global web community for open innovation, enabling scientists, engineers, professionals and entrepreneurs to collaborate to deliver breakthrough solutions for R&D-driven organizations. InnoCentive Seekers, who collectively spend billions of dollars on R&D, submit complex problems to the InnoCentive Marketplace where more than 200,000 engineers, scientists, inventors, business people, and research organizations in more than 175 countries are invited to solve them. Solvers who deliver the most innovative solutions receive financial awards ranging up to US$1,000,000. InnoCentive’s Seekers include commercial, government and non-profit organizations such as SAP, P&G, Pendulum, Eli Lilly and Company, Janssen, Solvay and The Rockefeller Foundation.

InnoCentive currently has the following job openings:

Sales Professionals - US (code SM)
Account Manager - US (code AM)
Lead Software Engineer (code LSE)
Innovation Program Manager (code IPM)
Associate Innovation Program Manager (code AIPM)
Seeker Program Manager (code SPM)
Community Manager of InnoCentive.com Business Unit (code CM)
General Accountant (code GA)
VP Global Solver Community and Solver Products (code VP-GSC-SP)
Senior Marketing Manager (code SMM)
Sales Operations Manager (code SOM)

* We offer a comprehensive and competitive benefits package and encourage you to visit our website at: www.innocentive.com. To apply, please submit credentials to careers@innocentive.com. EOE.

Sales Professionals - US

Reporting to the Vice President of Sales and base in the Upper Midwest and Southern USA, this individual will be responsible for new account sales to the Global R&D 1400 accounts in the assigned territory. This role is critical in helping us grow our new account base, you will be supported by our world-class Client Services organization to deliver support and training to your new clients.  The selected candidate must be comfortable interacting with senior management and their respective scientific and technical staff across different functions as well as Marketing and Product Development leaders. An entrepreneurial nature, as well as experience in needs-based consultative selling is requirements along with your last 3 years of sales history against quotas established in your existing territory.

Specific responsibilities will include:

  • Contacting targeted companies, introducing the InnoCentive business model giving presentations to large senior level groups and establishing sales process through successful close
  • Providing input on overall sales strategy to include presentations, sales materials, value proposition, key messages, etc.
  • Developing a contact list, within targeted segments and maintaining a pipeline of potential client opportunities
  • Developing an account strategy for each key account with focus on building relationships with key users of the InnoCentive model to ensure maximum utilization and account penetration
  • Being accountable for revenue and performance consistent with the Sales Forecast and InnoCentive Company Objectives
  • Working closely with other functions in the Company (Client Services, Consulting, Training, Operations and Marketing) to achieve goals
  • Minimum travel required is 50%.  Midwest based and working from a home office.

The successful candidate must possess:

  • Proven experience in selling and closing new business opportunities, and maintaining accounts with large, multinational organizations
  • Minimum 5 years’ experience selling information or consultative services into the pharmaceutical, biotech, chemicals, foods or consumer products industries
  • Strong presentation skills at the C-level
  • Excellent communications, relationship-building and organizational skills
  • BA or BS degree in (advanced degree strongly preferred)

To apply, please submit credentials to careers@innocentive.com, and reference code LSE. EOE.

Account Manager - U.S.

Reporting to the Director of Account Management and based out of a home office, this individual will be responsible for growing established relationships with InnoCentive’s Global 1,000 clients. This includes expanding existing relationships, seeking out and extracting ideas for InnoCentive Challenges, selling additional services from InnoCentive and driving account growth to achieve targeted financial goals. The selected candidate must be comfortable interacting with senior management and their respective scientific and technical staff across different functions.   The ideal candidate will need to work closely with InnoCentive’s Sales and Client Services teams to ensure overall client satisfaction and account growth.   An entrepreneurial natures, as well as experience in strategic account management, needs based consultative selling are requirements.

Specific responsibilities will include:

  • Work with assigned client companies, introducing the InnoCentive business model giving presentations to large senior level groups, establishing growth plans with the client, doing quarterly business reviews with the client, expanding account penetration through business functions and divisions beyond existing entry point for the account
  • Providing input on overall growth strategy to include additional services strategy for the accounts, up selling of SaaS services if not currently using, etc.
  • Developing a contact list, within targeted segments and maintaining a pipeline of potential client opportunities
  • Developing an account strategy for each key account with focus on building relationships with key users of the InnoCentive model to ensure maximum utilization and continued challenge identification for posting
  • Being accountable for revenue and performance consistent with the account plan and forecast
  • Working closely with other functions in the Company (Client Services, Sales, Marketing) to achieve goals
  • Minimum travel required is 50%.  Home based office and regional account responsibilities will be defined based on candidate’s location.

The successful candidate must possess:

  • Proven experience in managing account relationships for large organizations, identifying and closing new business opportunities, and maintaining executive relationships within assigned accounts
  • Minimum 5 years’ experience managing accounts and up selling services across organizations
  • Strong presentation skills at the C-level
  • Excellent communications, relationship-building and organizational skills internally and externally
  • BA or BS degree is required (advanced degree strongly preferred)
  • Candidate must provide a 3-year history of earnings with base and bonus calculations delineated from most recent role.

To apply, please submit credentials to careers@innocentive.com, and reference code AM. EOE.

Lead Software Engineer

InnoCentive, Inc. is seeking a Lead Software Engineer to help us advance our new web applications and SaaS software application, built on the Groovy/Grails platform.

Specifically, we require an individual who has experience developing software architecture from the ground up, including developing web-based applications, service-stacks and web services. The successful candidate will be able to independently synthesize software requirements from user stories and use cases. This individual will have extensive and recent hands-on development experience with Java/J2EE and employ proven software development methodologies to work closely with other developers, product managers, QA, and clients.

Responsibilities:

The Lead Engineer will be reponsible for architecture, software design, and implementation of major portions of our web site and Saas software application.

  • Collaboration with product management on requirements, use case development, and user interface design
  • Architecture, design and coding of server-side logic in Groovy and/or Java, using the Grails/Groovy/Spring/Hibernate frameworks
  • Development and execution of unit and system test, and collaboration with QA to ensure high quality of delivered code
  • Work with operations on deployment of new release and packaging of production applications
  • Mentor junior members of the team
  • Provide work estimates and report progress to management

Requirements:

  • 10 years total software development and integration experience, with at least 5 years of them recently with Java
  • A strong knowledge of Java is a must-have. Knowledge of J2EE, Spring, Hibernate are desired
  • Strong software architecture and design sensibility with emphasis on clarity and usability with rapid prototyping and iteration
  • Object-oriented software engineering experience; strong knowledge of design patterns and MVC
  • Demonstrated knowledge of RDBMS and MySql
  • Experience with agile development methodologies such as Scrum strongly preferred
  • Experience delivering public-facing, scalable web applications built on open source technologies
  • Required skills: Java, HTML, XML, Linux, SQL/databases, unit/regression testing
  • Strongly desired skills: Groovy, Grails, Spring, Hibernate, familiarty with Agile/Scrum project practices
  • Experience with these products helpful: IntelliJ, Subversion, Hudson, Apache, Tomcat
  • Must be able to work independently with little or no supervision and work in a team environment
  • Comfortable working in a fast-paced, dynamic startup environment

To apply, please submit credentials to careers@innocentive.com, and reference code LSE. EOE.

Innovation Program Manager

The Innovation Program Manager is responsible for driving challenge posting volumes and maintaining high levels of client satisfaction through providing pre-sales and post sales Challenge consultation and management to current and prospective InnoCentive clients.

Responsibilities:

  • Actively provide project management for a Challenge from idea to final close which may include:
    • Pre-screening and prioritization recommendations of Challenge ideas
    • Provide guidance and consultation to the Challenge Owner regarding Challenge Type, award level and design to provide the highest probability of success
    • Development of a template to the final Challenge Statement
    • Facilitation of Solver questions to drive quality Solver Submissions
    • Review, filtering and packaging of Challenge Submission for the Client’s evaluation
    • Provide guidance and consultation to the Challenge Owner during the evaluation period
    • Communicate Challenge results to all interested parties
  • Deliver training and best practices sessions for InnoCentive@work & InnoCentive.com clients and prospects
  • Present the business case surrounded by merits of InnoCentive’s open innovation solution to business managers, scientists, innovation champions, and any other prospective challenge sponsor.
  • Keep abreast of industry trends, best practices, and competing/complimentary products. Leverage the knowledge obtained in sales cycles.
  • Develop strong client relationships
  • Conduct, manage, and lead client pilots or “proof-of-concepts”.
  • Work with internal departments (sales, support, marketing, development), as appropriate, to ensure success during sales campaigns and/or to ensure the client experience is extremely positive.
  • Travel up to 20% of the time

Requirements:

  • Minimum MS in Chemistry or Engineering and MBA a plus
  • Fluency (written and verbal) in English and at least one other language
  • 5+ years experience serving in a customer-facing role
  • Prior experience running a large scale project within a Fortune 500-1000 company
  • Excellent written, verbal and interpersonal communication skills
  • Success penetrating and managing major accounts (Fortune 500-1000)
  • Exhibits superb presentation, project planning and time management skills
  • Strong work ethic

To apply, please submit credentials to careers@innocentive.com, and reference code IPM. EOE.

Associate Innovation Program Manager

We are currently seeking an associate-level employee to support to the Client Services Team of PhD-trained scientist and engineers who facilitate the process of executing Challenges with InnoCentive’s global community. The ideal candidate will have excellent administrative skills and a strong technical background. An undergraduate degree or masters degree in one of these areas (computational sciences, physical sciences, chemical engineering) with a strong background in computational sciences. Experience in more than one of these areas is a plus.

The position is a full time position and is based in our Waltham, MA, office.  You should have very strong communications skills, both oral and written, along with the ability to work independently and as a team player. Most importantly however, successful candidates will be enthusiastic about expanding their knowledge of science and engineering and not be afraid of dive into completely new technical domains. Since this position involves administrative work, strong computer skills and experience with Microsoft Office is essential.

To apply, please submit credentials to careers@innocentive.com, and reference code AIPM. EOE.

Seeker Program Manager

The Seeker Program Manager is responsible for managing the onboarding of new InnoCentive clients,  facilitating the assignment of resources for client projects, and maintaining high levels of client satisfaction through providing pre-sales and post sales consultation and management to assigned InnoCentive clients.

Responsibilities:

  • Actively provide project management for a Challenge from idea to final close which may include:
    • Pre-screening and prioritization recommendations of Challenge ideas
    • Provide guidance and consultation to the Challenge Owner regarding Challenge Type, award level and design to provide the highest probability of success
    • Development of a template to the final Challenge Statement
    • Facilitation of Solver questions to drive quality Solver Submissions
    • Review, filtering and packaging of Challenge Submission for the Client’s evaluation
    • Provide guidance and consultation to the Challenge Owner during the evaluation period
    • Communicate Challenge results to all interested parties
  • Deliver training and best practices sessions for InnoCentive@work client and prospects
  • Able to hold technical conversations with Clients to develop Challenge Ideas.  Basic understanding of Life Sciences, Organic Chemistry, Polymer Chemistry, Material Sciences and Bioinformatics is essential.
  • Manage the InnoCentive@Work standard process and communicate any changes to the organization.
  • Optimize the InnoCentive@Work process as new requirements or features become available.  Strong working relationships within the organization must be built to successfully succeed.
  • Present the business case surrounded by merits of InnoCentive’s open innovation solution to business managers, scientists, innovation champions, and any other prospective challenge sponsor.
  • Keep abreast of industry trends, best practices, and competing/complimentary products. Leverage the knowledge obtained in sales cycles.
  • Develop strong client relationships
  • Conduct, manage, and lead client pilots or “proof-of-concepts”.
  • Work with internal departments (sales, support, marketing, development), as appropriate, to ensure success during sales campaigns and/or to ensure the client experience is extremely positive.
  • Travel 25% of the time

Requirements:

  • BS or MS in Chemistry, Computer Science or Engineering and MBA
  • 1-3 years of Project Management experience required. PMP certification preferred.
  • 5+ years experience serving in a customer-facing role. Experience in Pharmaceuticals, Consumer Products, Medical Devices, Agricultural, or Biotechnology industries is preferred.
  • Prior experience running a large scale project within a Fortune 500-1000 company
  • Excellent written, verbal and interpersonal communication skills
  • Success penetrating and managing major accounts (Fortune 500-1000)
  • Exhibits superb presentation, project planning and time management skills
  • Strong work ethic

To apply, please submit credentials to careers@innocentive.com, and reference code SPM. EOE.

Community Manager of InnoCentive.com Business Unit

This year, InnoCentive is establishing a new department entitled the InnoCentive.com Business Unit. This team will have a number of objectives: 1) to lead the development of InnoCentive’s Global Solver Community; 2) to increase solver registration and participation; 3) to increase page views and site traffic to the InnoCentive.com website; 4) to participate and drive social media buzz around InnoCentive.com, our solver community, and to highlight challenges; 5) to identify opportunities to monetize the InnoCentive website and Solver community (e.g., premium solver tools, job boards, etc.); and 6) to balance the needs of the various areas of InnoCentive that put demands on InnoCentive.com website.

In 2010, the InnoCentive.com BU will have 2 full time team members: A VP of Global Solver Community and Solver Products (VPGSC) and a Community Manager (Manager). In 2011, this business unit will expand and will be expected to generate direct profit contribution.

Reporting to the VPGSC, the specific responsibilities of the Community Manager will include:

  • Partnering with VPGSC and other departments on Community Management Strategy;
  • Developing and managing relevant content, social media, and other programs;
  • Driving ongoing community dialogue and participation through discussion groups, blogs, email, newsletters, etc.; and
  • Working closely with other functions in the Company (including Client Services, Sales, and Marketing) to coordinate activities and achieve goals.

The successful candidate must possess:

  • Minimum 5 years experience in online marketing, community building, or equivalent function with focus on community (or customer) engagement
  • Demonstrated history of developing and executing online community based programs;
  • Excellent communications, relationship-building and organizational skills internally and externally; and
  • BA or BS degree is required (advanced degree a plus) with excellent academic performance.

Position is based in Waltham, MA. Minimum travel (<10%) is required for this role. InnoCentive offers a comprehensive and competitive benefits package and encourages you to visit our website at: www.innocentive.com. EOE.

Interested applicants should submit their resume/credentials to careers@innocentive.com with “Interested in Community Manager” in the subject line.

General Accountant

We are currently seeking an experienced Accountant to help us achieve this important mission.
In this newly created position reporting to the Controller, the Accountant will be responsible for the following:

  • Handling all aspects of payroll processing and reporting including our German office.
  • Tracking and managing all invoicing activities:
    • Tracking and recording all new customer contracts.
    • Working closely with the Sales Operations Manager
    • Administering collections communications
  • Being responsible for processing all T&E transactions;
  • Managing and processing all check runs and electronic payments
  • Becoming thoroughly familiar with the revenue and expenses of the company;
  • Performing ad hoc reporting/projects, as requested
  • Tracking of employee vacation and commission activities.

The successful candidate must possess:

  • A Bachelor’s Degree (four years) in accounting required.
  • 3-5 years experience desirable, but will consider a bright energetic recent graduate.
  • Microsoft Office skills, in particular Excel and PowerPoint skills are a must.
  • Strong analytical ability and great attention to detail essential.
  • High energy with a strong desire to absorb information and learn new tasks.

This is the ground floor of an outstanding opportunity to help build the first global initiative of its kind. We offer a comprehensive and competitive benefits package.

Interested applicants should submit their resume/credentials to careers@innocentive.com with “Interested in General Accountant, code GA” in the subject line.EOE.

VP Global Solver Community and Solver Products

This year, InnoCentive is establishing a new department entitled Global Solver Community and Solver Products.  This team will have a number of objectives: 1) to lead the development of InnoCentive’s Global Solver Community; 2) to increase solver registration, participation, and solve rates; 3) to increase page views and site traffic to the InnoCentive.com website; 4) to participate and drive social media buzz around InnoCentive.com, our solver community, and to highlight challenges; 5) to identify opportunities to monetize the InnoCentive website and Solver community (e.g., premium solver tools, job boards, etc.); and 6) to balance the needs of the various areas of InnoCentive that put demands on InnoCentive.com website.

In 2010, the Global Solver Community and Solver Products Department will have 2 full time team members: A Vice President (this position) and a Community Manager (Manager).  In 2011, this business unit will expand and will be expected to generate direct profit contribution.

Reporting to the CEO and participating on InnoCentive’s Senior Management Team (SMT), the specific responsibilities of the General Manager will include:

  • Participating on SMT and engaging in annual and ongoing company-wide strategy and operational activities;
  • Establishing strategies, aligning with CEO and SMT, and executing to deliver against Global Solver Community and Solver Products departmental goals;
  • Identifying, resourcing, and managing projects to timelines and budget;
  • Recruiting, developing and retaining high performing team;
  • Working and coordinating closely with other functions in the Company (including Client Services, Sales, Marketing, Product, and Finance); and
  • Supporting (consistent with other SMT members) ongoing client, partner, and media/press relationships.

The successful candidate must possess:

  • Minimum 10 years experience in online business, online marketing, or equivalent function, preferably with focus on online community (or customer) engagement;
  • Minimum 5 years managing a high performing teams;
  • Preferably 3+ years in senior management team position with budget accountability;
  • Strong references required; and
  • Completion of a BA or BS degree (MBA or other advanced degree a strong plus) with excellent academic performance.

In addition, it is expected that candidate for this business show exceptional levels of integrity, character, business judgment, and leadership.

Position is based in Waltham, MA.  Modest travel (~25%) is required for this role. InnoCentive offers a comprehensive and competitive benefits package.

Interested applicants should submit their resume/credentials to careers@innocentive.com with “Interested in VP Global Solver Community and Solver Products Position” in the subject line.

Senior Marketing Manager

InnoCentive is seeking an experienced B2B Marketer to drive new customer acquisition and growth within the current customer base. This individual will work closely with Sales, Client Services and Product Development to develop and execute diverse marketing programs.  Reporting to the VP of Marketing, specific responsibilities of the Senior Marketing Manager will include:

  • Lead generation strategy, development, execution and analysis;
  • Customer retention programs;
  • Management of Trade Events and Customer Events;
  • Development of Sales Tools, Presentations, Email Campaigns and Webinars;
  • Pricing and Promotions Strategies;
  • Analysis of Competitors and Target Market Opportunities

The successful candidate must possess:

  • Minimum 5 years experience in B2B marketing, ideally in technology;
  • Demonstrated history of lead generation and customer acquisition;
  • Proven marketing abilities including messaging, marketing collateral, sales tools and presentations;
  • Strong end to end program management skills;
  • Outstanding analytical and written communication skills;
  • Excellent communications, relationship-building and organizational skills internally and externally;
  • Experience with salesforce.com is preferred;
  • BA or BS degree is required (advanced degree a plus)

Position is based in Waltham, MA.  Minimum travel (<10%) is required for this role. InnoCentive offers a comprehensive and competitive benefits package.

Interested applicants should submit their resume/credentials to careers@innocentive.com with “Interested in Senior Marketing Manager” in the subject line. EOE.

Sales Operations Manager

We are currently seeking a Sales Operations Manager to efficiently and effectively help the sales organization with the following objectives:

  • Sales strategy management and tracking; design, planning and execution;
  • Measurement of results; pipeline reporting, analytics and sales data analysis;
  • Compensation, quota, and sales policy management;
  • Technology and tools, including CRM;
  • Sales training and communication;
  • Territory design and optimization;
  • Managing contests/spiffs;
  • Manage lead generation/sales program tracking with team and CRM.

The successful candidate will have a minimum of 5 years working with distributed sales teams in North America and Europe in a sales operational leadership position.  Strong analytical skills combined with ability to effectively communicate internally and externally at all levels.  Must have a proven track record of CRM and be very well versed in salesforce.com.  Teaming experience with cross functional disciplines and an ability to work remotely from VP Sales required.  Must enjoy working in an entrepreneurial, start-up environment that’s growing.  We are looking for someone who holds themselves highly accountable and truly wants to effect the growth of the business.

Position is based in Waltham, MA.  InnoCentive offers a comprehensive and competitive benefits package and encourages you to visit our website at: www.innocentive.com.  EOE.

Interested applicants should submit their resume/credentials to with “interested in Sales Operations Manager” in the subject line.

FAQ

What is InnoCentive?
How did InnoCentive begin?
How does InnoCentive work?
What is the Open Innovation Marketplace?
What is an InnoCentive Seeker?
I am a potential Seeker. How do I learn more about InnoCentive and post our problems on the website?
What is an InnoCentive Solver?
How do I register and what information is required?
What do I do if I forget my username?
What do I do if I forget my password?
What is an InnoCentive Ideation Challenge?
What is an InnoCentive Theoretical Challenge?
What is an InnoCentive RTP Challenge?
What is an InnoCentive eRFP Challenge?
What is My InnoCentive?
What is a project room?
Why do I need to provide my full name and contact information before I can View Challenge Details?
How can I ask questions about a particular Challenge?
How do I submit a solution?
What is the deadline for submitting Challenges?
How is my intellectual property protected?
How do I transfer my intellectual property rights to the solution?
After I submit a solution, how much time does it take to be notified of the results?
How do I know these problems and awards are legitimate?
What type of verification does InnoCentive do on the winning Solver?
What’s in it for InnoCentive?

______________________________________

What is InnoCentive?

InnoCentive is a global, online marketplace where organizations in need of innovation–companies, academic institutions, public sector, and non-profit organizations–can utilize a global network of over 160,000 of the world’s brightest problem solvers.

How did InnoCentive begin?

InnoCentive began as a start-up incubated through the e.Lilly division of Eli Lilly and Company-a leading, innovation-driven pharmaceutical corporation. Eli Lilly was the first InnoCentive Seeker and helped formulate the initial InnoCentive Challenges and awards. InnoCentive is now incorporated as an independent company, partnering with many different Seekers in a variety of industries to revolutionize R&D practices.

How does InnoCentive work?

Seeker organizations post Challenges on the InnoCentive website in the Open Innovation Marketplace along with an appropriate award. Solvers submit solutions to the Challenge. The Seeker pays an award to the Solver who best meets the solution requirements as outlined in the Challenge.

What is the Open Innovation Marketplace?

The Open Innovation Marketplace is where InnoCentive connects Seekers and Solvers with a myriad of the world’s toughest Challenges. Seeker organizations post their Challenges in the Open Innovation Marketplace and offer registered Solvers significant financial awards for the best solutions. Solvers can search for Challenges based on their interests and expertise.

What is an InnoCentive Seeker?

InnoCentive Seekers are progressive, innovation-driven companies and non-profit organizations with tough business and R&D problems that need solutions. Seekers post these problems to the InnoCentive Open Innovation Marketplace.

I am a potential Seeker. How do I learn more about InnoCentive and post our problems on the website?

For general information on how InnoCentive works with Seekers, please visit our Seeker page. If you’d like to work with InnoCentive or need more detailed information, please call us at 978-482-3300 or 1-866-812-7339 and speak to one of our representatives who will discuss your specific needs and how InnoCentive’s model might work for you.

What is an InnoCentive Solver?

InnoCentive Solvers are the people or organizations who register with us to solve InnoCentive Challenges. To review Challenges and submit solutions, Solvers must be registered with InnoCentive. Registration is easy and free, and includes an online Solver terms of use Agreement.

How do I register and what information is required?

To register to be an InnoCentive Solver:

1. Go to https://gw.innocentive.com/ar/registration/index.
2. Create a username and password.
3. Provide an e-mail address and select your country location.
4. Tell us how you learned about InnoCentive.
5. Type the characters you see into the text box on the registration page.
6. After you complete the registration form, you will receive an e-mail confirming your registration.

Follow the instructions in the e-mail to verify and complete your registration.

What do I do if I forget my username?

If you forget your username, you can log into My InnoCentive using your e-mail address and password. Once you log in you will be able to see your username on the top of the web page.

What do I do if I forget my password?

If you forget your password:

1. Go to: http://www.InnoCentive.com/ar/login/forgot.
2. Enter your username or e-mail address.
3. Press the Submit button. You will receive an e-mail with a temporary password.
4. Log in at https://gw.innocentive.com/ar/login/index with your temporary password.
5. Click the MY ACCOUNT tab and reset your password to something that is easy for you to remember. Be sure to press the Save Changes button.

If you do not receive the e-mail with your temporary password, please contact Support.

What is an InnoCentive Ideation Challenge?

An InnoCentive Ideation Challenge is a broad question formulated to obtain access to new ideas. Think of an Ideation Challenge as a brainstorming session or market survey.

In an Ideation Challenge, Solvers may:
• Submit ideas of their own
• Submit third party information that they have the right to use and further the authority to convey that right and the right to use and develop derivative works to Seekers
• Submit information considered in the public domain without any limitations on use
Solvers should not reveal any confidential information in their submissions. Often the Ideation Challenge will be followed by one or more of the other three challenge types to further develop the ideas and gain Intellectual Property protection when the concept has been well-defined.

Ideation Challenge submissions are typically about two written pages.

Note: Seekers receive a non-exclusive, perpetual license to use all submissions.

What is an InnoCentive Theoretical Challenge?

An InnoCentive Theoretical Challenge contains detailed solution requirements that Solvers must fulfill in their responses. In most cases, when a solution is chosen and an award is given, the intellectual property (IP) rights transfer from the Solver to the Seeker. However, some Seekers prefer to obtain a non-exclusive perpetual license when providing awards. Each Challenge statement spells out the IP requirements for that particular Challenge. A Seeker that requires specific IP rights or licensing, and also needs detailed solution submissions, should choose a Theoretical over an Ideation Challenge.

What is an InnoCentive RTP Challenge?

An InnoCentive RTP (Reduction to Practice) Challenge is similar to an InnoCentive Theoretical Challenge in its high level of detail. However, an RTP requires that the Solver submit a validated solution, either in the form of original data or a physical sample. Also the Seeker is allowed to test the proposed solution.

What is an InnoCentive eRFP Challenge?

eRFPs allow Seekers to submit Requests for Proposals to the InnoCentive Solver community. This global community includes organizations and individuals, such as contract research organizations, scientists, university researchers, and technology companies. After a Solver submits an eRFP response, the Seeker evaluates the responses and determines which Solver(s) to contact for further business discussions. With eRFPs, the Solver must not provide any confidential information in the eRFP response. If your eRFP response is selected, you will negotiate the terms of the contract (including scope of work, tasks and duration) directly with the Seeker.

What is My InnoCentive?

My InnoCentive is the secure area of our web site for Solver interactions with InnoCentive. My InnoCentive is created when a Solver registers with InnoCentive. My InnoCentive provides links to Solver’s open (in progress) and closed Challenges. The Solver can edit his interests, public profile, and account details at My InnoCentive.

What is a project room?

InnoCentive created a secure space online called a “project room”; where Solvers can access the secure and confidential communication forum pertaining to a particular Challenge. In the project room, you can review the Challenge details, submit your solution proposal, ask questions, and receive answers confidentially from the InnoCentive team.To open a project room, you must be a registered Solver and accept the Solver Agreement.

Why do I need to provide my full name and contact information before I can view Challenge Details?

When you view Challenge Details, you will be viewing confidential information posted by InnoCentive Seekers. In order to ensure security for both the Solver and Seeker, we need your legal name and contact information.

How can I ask questions about a particular Challenge?

To ask questions, you must open a project room for the Challenge:

1. Click the ‘Messages’ link at the top of your project room for the Challenge. After you click the link, the Compose New Message button appears.
2. Click the button to enter your question for the InnoCentive Challenge.

You can review the Challenge details, submit your solution proposal, ask questions, and receive answers confidentially from the InnoCentive team. You can also click the Messages button on the right side of the screen in your project room.

How do I submit a solution?

1. Go to http://www.InnoCentive.com
2. From the menu, choose My InnoCentive.
3. Log in using your username and password.
4. Select the Challenge from your list of Open Challenges.*
5. Click the Submit a Solution button on the right side of the screen of your project room.
6. Download and complete the Solution Submission Form for the Challenge. Save this document on your computer. It gives a few pointers for what a submission should contain.
7. Select Browse to access each file on your computer that you plan to submit. There is an option to send up to 3 files.
8. Press the Send to InnoCentive button.
9. You will be asked to confirm your email address and enter your phone number so we may contact you if needed.
10. Press the Submit button and a confirmation of the receipt of your submission will display.

*Note: To submit a solution proposal, you must be a registered Solver and have signed the Solver Agreement when you opened the project room. If you have questions regarding the challenge or your submission use the Messages button located in your project room for the Challenge

What is the deadline for submitting Challenges?

Seekers can establish a deadline for receiving proposed solutions. Be sure you submit your solution proposal as soon a possible, even if it is before the deadline. When choosing between solutions of similar quality, the earlier submission is likely to be preferred. If Seekers receive a solution proposal they want to accept, they reserve the right to award a Challenge before the deadline. InnoCentive recommends that you submit your solution proposals upon completion without waiting until the deadline date.

How is my intellectual property protected?

We know how important your work is, and InnoCentive takes precautions to help protect both Seekers and Solvers. First, only InnoCentive and the Seeker that posted the problem can see any proposed solutions. Second, we require both the Seeker and the Solver to sign an agreement protecting confidential information.

How do I transfer my intellectual property rights to the solution?

If the Seeker selects your solution and the transfer of IP rights is a requirement of the Challenge, you must transfer your IP rights to the solution before receiving a financial award. To transfer your IP rights, you must sign a document stating that you own the intellectual property and have the ability to transfer these rights. If you are employed, your employer must sign an agreement to transfer ownership of the intellectual property. In our experience, transfers are consistently resolved to everyone’s benefit.

After I submit a solution, how much time does it take to be notified of the results?

It depends. Seekers typically complete their evaluations within 2 to 6 months after the Challenge deadline. You will be notified if your submission is accepted or rejected. Where available, we also include detailed feedback from the Seeker about your submission.

How do I know these problems and awards are legitimate?

InnoCentive only posts problems and awards from highly reputable Seeker companies and not-for-profit organizations, such as Proctor & Gamble, Eli Lilly, and the Rockefeller Foundation. We have gone to great length to make sure that our Solvers are treated fairly by our Seeker clients.  In the InnoCentive Seeker agreement, we have provisions to ensure and obligate Seekers to pay awards to the best solution that meets the stated criteria of a particular Challenge. In addition, InnoCentive has the right to audit the decision making process of the Seeker on any specific awards where there might be an issue or question around payment. To date, we have had no need to exercise that audit right. Most importantly, we have over a seven year track record, paying out more than $3.5 million in awards to over 300 winning Solvers without ever having an issue around payment. We pride ourselves on the trust we have built up with both our loyal Solvers and our satisfied Seeker clients. To see previously awarded InnoCentive Challenges, please visit our Awarded Challenges web page.

What type of verification does InnoCentive do on the winning Solver?

Once a Solver submission has been chosen as the winning solution, InnoCentive will conduct a Solver verification process where the Solver’s identity will be confirmed by receiving a photo ID, such as a passport, the Solver will be required to sign, have notarized, and return an Affidavit re-affirming the Solver agreement they have signed, and InnoCentive requires that the Solver’s employer or academic institution sign an Employer Waiver document waiving any and all IP rights that they might have to the Solver’s submission as a result of an employment agreement.

What’s in it for InnoCentive?

InnoCentive provides an open innovation resource for progressive companies, empowers people everywhere to unleash their creativity, and helps non-profit organizations bring innovation to communities around the world. InnoCentive works with Seeker organizations to define and post their problems on a global community website. Seeker organizations pay Solvers for the winning solutions. In addition, Seekers pay InnoCentive a fee to post Challenges and, in some cases, they also pay InnoCentive a commission on the amount awarded. InnoCentive does not charge Solvers to view Challenges and submit solutions.

Upcoming Events

Are you attending any of these events? Want to see InnoCentive in person? Come to our booth or presentation at any of these events to see us in action.

AUTM Annual Conference – Building a Stronger Community
March 18 - 20, 2010 | New Orleans, LA
Session:
Track C - C5 Open Innovation: Where Has All My Intellectual Property Gone?
Speaker:
Alpheus Bingham, Founder, InnoCentive

Marketing 2.0 Conference
March 22 - 23, 2010 | Paris, France
Session:
Open Innovation and what it means to you – learn about Crowdsourcing and how to effectively leverage it as a Marketer
Speaker:
Bonnie Kiesling, VP of Marketing, InnoCentive

National Endowment for Science Technology and the Arts - NESTA’s Open Innovation Conference
March 29 - 30, 2010 | London, UK
Speaker:
Steve Shapiro, Vice President, Strategic Consulting

BRITE Conference, presented by Columbia Business School
March 31 – April 1, 2010 | New York City, NY
Session:
Open Innovation and the Challenges & Opportunities of Building an Innovation Culture
Speaker:
Dwayne Spradlin, President and CEO, InnoCentive

digitalnow logo

DigitalNow 2010: Innovate. Inspect. Integrate.
April 7 – 10, 2010 | Lake Buena Vista, FL
Speaker:
Alpheus Bingham, Founder, InnoCentive

Progressive Manufacturing Summit
May 3 – 5, 2010 | Palm Beach, FL
Speaker:
Dwayne Spradlin, President and CEO, InnoCentive

The Aspen Institute, Roundtable on Talent Development Roundtable
July 25 – 31, 2010 | Aspen, CO
Speaker:
Dwayne Spradlin, President and CEO, InnoCentive

Previous Events

PSP 2010 Annual Conference: The New Reality: Disruption, Innovation, Relevance
February 3 - 5, 2010 | Washington, DC
Session:
Social Media and Scientific Research
Speaker:
Alpheus Bingham, Founder, InnoCentive

ACS Webinar Thursdays Series: Small & Medium Business
January 21, 2010 | Webinar
Session:
What Does Crowd-sourcing Mean to ME?
Speaker:
Alpheus Bingham, Founder, InnoCentive



CoDev 2010
January 25 - 27, 2010 | Scottsdale, AZ

World Research Group’s Open Innovation Summit 2009
December 2 - 4, 2009 | Orlando, FL
Session:
A Tactical, Practical How-To On Finding The Innovation Hidden Within Your Organization
Speaker:
Steve Shapiro, Vice President, Strategic Consulting

TEDx NASA
November - 20, 2009 | Newport News, VA
Speaker:
Steve Shapiro, Vice President, Strategic Consulting


Distributed Leadership Forum
November 13, 2009 | Cambridge, MA
Session:
Distributed Leadership Across Boundaries
Speaker:
Alpheus Bingham, Founder, InnoCentive and Dwayne Spradlin, President and CEO, InnoCentive


Science-Based Business Initiative Seminars
November 13, 2009 | Cambridge, MA
Speaker:
Alpheus Bingham, Founder, InnoCentive


10th NOVA Innovation Conference
November 13 - 15, 2009 | Cambridge, MA
Session:
“From innovation to commercialization: how ideas become successful businesses”
Speaker:
Alpheus Bingham, Founder, InnoCentive
CERN Logo

CERN: The Citizen Cyberscience Lectures
October 26 | Geneva, Switzerland
Session: Citizen Problem Solving
Speaker: Alpheus Bingham, Founder, InnoCentive

Uniform Retailors logo

Association of Independent Uniform Retailers
October 26 | Las Vegas, NV
Speaker: Steve Shapiro, Vice President, Strategic Consulting, InnoCentive

HPC\'s Illumination Conference logo

New York State Association of Health Care Providers “Illumination” Conference
October 29 | Albany, NY
Speaker: Steve Shapiro, Vice President, Strategic Consulting, InnoCentive

FT Innovate 2009 logo

FT Innovate 2009 Conference
November 11 | London, England
Speaker: Steve Shapiro, Vice President, Strategic Consulting, InnoCentive

Social Media for Sustainability
October 19 | San Francisco, CA
Keynote Speaker: Dwayne Spradlin, President and CEO, InnoCentive

Mass TLC Innovation UnConference: Fostering Entrepreneurship & Driving Innovation
October 1 | Burlington, MA
Speaker: David Ritter, CTO, InnoCentive

BU Bioinformatics Program’s 10th Anniversary Symposium
October 3 - 4 | Boston, MA
Speaker: Gabriel Eichler, Ph.D., Innovation Program Manager, InnoCentive

2009 Annual Meeting of the Academy of Management
August 7-11,2009 | Chicago, IL
Session: Strategic crowdsourcing: Orchestrating innovation through the cream of the crowd
Speaker: Dwayne Spradlin, President and CEO, InnoCentive

The Aspen Institute on Talent Development
July 19 - 21 | Aspen, CO
Speaker: Dwayne Spradlin, President and CEO, InnoCentive
i2i - incentive2innovate
June 8-9 | New York, NY
United Nations
Keynote Session:  Open Innovation Culture
Speaker:
Dwayne Spradlin, President and CEO, InnoCentive
Panel Session: Incentivized Competition
Panelist: Alpheus Bingham, Founder, InnoCentive
Front End of Innovation
May 18-20 | Boston, MA
Sumantra Ghoshal Conference on Managerially Relevant Research
May 17-18 | London
London Business School
Speaker: Alph Bingham, Founder, InnoCentive

3rd Annual Open Innovation Conference
April 6-8, 2009 | Las Vegas, NV

Speaker: Jon Fredrickson, VP of Sales, InnoCentive

Research Capacity Building, Knowledge Sharing, and Innovation in Global Health
April 3 | Washington, DC
Panel Session: Exploring Novel Collaborative Research Models and Partnerships
Panelist: Alph Bingham, Founder, InnoCentive

ILO Institute
March 23 | Chicago, IL
Panel Session:  Exploring Novel Collaborative Research Models
Speaker:
Alph Bingham, Founder, InnoCentive
Design Indaba Conference
February 25-27 | Cape Town, South Africa
Cape Town International Convention Centre

Speaker: Dwayne Spradlin, President and CEO, InnoCentive
OMPlanet 2009
January 26-28, 2009 | Orlando FL
Session: Competing in a World of Networked Organizations: Implications for Marketing
Tuesday, January 27 | 2:00pm-3:30pm
Speaker: Dwayne Spradlin, President and CEO, InnoCentive

CoDev 2009
January 26-29, 2009 | Scottsdale, AZ
Speaker: Jon Fredrickson, VP of Sales, InnoCentive

Ocean Tomo - Fall 2008 Live IP Auction and Conference
October 29-30 | Chicago, IL
Session: Achieving Success Through Open Innovation - The New Paradigm
Speaker: Alph Bingham, Founder and Member, InnoCentive Board of Directors
Highlands Forum - Competitive Intelligence Forum II
October 26-28
Session: InnoCentive, a Marvel of Crowdsourcing
Speaker: Alph Bingham, Founder and Member, InnoCentive Board of Directors

IIR 14th Annual Innovation Immersion Conference
October 20-22 | Phoenix, AZ
Wigwam Resort & Spa
Speaker: Tom Venable, Vice President of Sales and Marketing, InnoCentive

OECD Expert Workshop on Knowledge Markets in Life Sciences
October 16-17 | Washington DC
Session:
Tapping a Network:  Approaches and Applications
Speaker: Alph Bingham, Founder and Member, InnoCentive Board of Directors

SAP TechEd
October 14-16 | Berlin, Germany

ICC Berlin, Neue Kantstraße / Ecke Messedamm

IIR Technology Web 2.0 Kongress
October 13-14, 2008 | Hamburg, Germany
Session: Why Open Innovation Companies will Prosper in the 21st Century

Monday, October 13 | 10:45 am
Speaker: Dwayne Spradlin, President and CEO, InnoCentive


Innovation Seminar Series - Haas Business School, UC Berkeley
October 8 | Berkeley CA
Session: Open Innovation and Crowd-Searching Solution Space:  Spot Capacity, Risk Distribution and Diversity
Keynote Speaker: Alph Bingham, Founder and Member, InnoCentive Board of Directors
Gartner Portals, Content and Collaboration Summit
September 17–19, 2008 | Los Angeles, CA
Hyatt Regency Century Plaza
Panel Session: Open Innovation Networks Panel: Harnessing the Power of Idea Marketplaces
Thursday, September 18 | 2:00-3:15 PM
Panelist: Dwayne Spradlin, President and CEO, InnoCentive

PDMA 2008 Annual International Conference
September 15-17, 2008 | Orlando, FL
Disney’s Contemporary Resort
Session: Guru Roundtable 1: Open Innovation:  Your OnRamp to Creating a Better Product | Monday, September 15th, 1:15 PM
Speaker: Dwayne Spradlin - President and CEO, InnoCentive

World Economic Forum Innovation Summit
September 3-4, 2008 | Stanford University

Session:
Wednesday, September 4 | 10:00 AM
Speaker: Dwayne Spradlin - President and CEO, InnoCentive

Innovation Brokering in Federal Government Markets
Research & Acquisition Conference

August 20, 2008 | Bedford, MA

Session: InnoCentive - Example Innovation Brokering Threads
Speaker: Alexander Orlando, Director Innovation Public Sectors, InnoCentive
AIB 2008 Annual Meeting
June 30- July 3, 2008 | Milan, Italy

Panel Session: Innovation and Globalization: Looking Outward and Looking Inward
Panelists: Tom Venable, Vice President of Sales and Marketing, InnoCentive
Alexander Orlando, Director of Sales, InnoCentive Inc.
IFT Annual Meeting and Food Expo
June 28-July 1, 2008 | New Orleans, LA
Ernest N. Morial Convention Center

Panel Session:Open innovation: The InnoCentive Model

Panelist: Jon Fredrickson, Director, Innovation Expansion, InnoCentive, Inc
Sensors Expo and Conference
June 9-11, 2008 | Rosemont, IL
Donald E. Stephens Convention Center

Keynote Panel: Innovation at a Crossroads

Panelist: Jon Fredrickson, Director, Innovation Expansion, InnoCentive, Inc
Frost & Sullivan - Innovations in New Product Development and Marketing
June 8-11, 2008 | San Diego, CA
Loews Coronado Bay Resort
Session: Changing the Innovation Model, Changing the Innovation Culture
Speaker: Tom Venable, Vice President of Sales and Marketing, InnoCentive
IT Midia Brazil
June 5-6, 2008 | Sao Paulo, Brazil
Keynote Session: The Collaborative Economy
Keynote Speaker: Dwayne Spradlin, President and CEO, InnoCentive
CIMIT Forum
June 3, 2008 | Boston, MA
MGH Simches Research Center

Panel Discussion: Information Arbitrage in Medicine

Panelist: Bruce Ackman, Director of Business Development, InnoCentive
Front End of Innovation
May 19-21, 2008 | Boston, MA
Boston World Trade Center and Seaport Hotel, Booth #28

Session: The Answer IS in Left Field

Speaker: Tom Venable, Vice President of Sales and Marketing, InnoCentive
iCitizen Interactive Resource Client Symposium
May 20-21, 2008 | Columbus, Ohio
Session: The Allure of Open Innovation
Speaker: Tom Venable, Vice President of Sales and Marketing, InnoCentive
San Diego Software Industry Council
May 17, 2008 | San Diego, CA

Panel Discussion: Innovation Strategies: Relationships, Monetization, and Distribution
Panelist: Chuck Davis, Regional Director, Open Innovation Solutions, InnoCentive
European Patent Forum
May 5-6, 2008 | Ljubljana, Slovenia

Session: Open innovation
Speaker: Alpheus Bingham, President and Chief Executive Officer, InnoCentive
Product Development Impact
April 7-9, 2008 | Scottsdale, AZ
Session: Co-Development/Open Innovation Clinic—Getting Started, Getting Results
Speaker: Tom Venable, Vice President of Sales and Marketing, InnoCentive
CoDev 2008
January 21-23, 2008 | Scottsdale, AZ


Featured News Coverage

Business Week
The Post Emerging-Market World - 1/26/10
Cell Magazine (Volume 140 Issue 2)
Driving Innovation: Ready, Set, Go! - 1/22/10
C-SPAN Video
Innovation and the Economy in 2010 - 12/7/09
CNBC Logo CNBC - The Business of Innovation
Rethinking Work - 10/19/09
KQED Radio - NPR
Innovation in a Recession - 9/25/09
The Economist
A Market for Ideas - 9/17/09
Inc.
Crowdsourcing for Small Businesses - 8/11/09
The Wall Street Journal
In Search of Innovation - 6/22/09
Business Week
Building an Innovation Culture - Podcast
6/10
/09
Discovery Channel
The Daily Planet 5
/27/09

Business Week
The Next Wave of Open Innovation
4/08/09

Discovery News Sustainable Energy Blog
The Bright Side of Green Energy
3/12/09

U.S. News and World Report
Using Social Media and Crowd-Sourcing for Quick and Simple Market Research
1/27/09

Fast Company
Crowdsourcing Innovation:  Q&A with Dwayne Spradlin of InnoCentive
12/15/08
NBC Chicago
Thinkers Putting Creative Caps on for Cash 11/06/08
Newsweek
It’s Getting Crowded in Here 09/13/08
Business Week
Can America Invent it’s Way Back? 09/11/08
Forbes
Hot Technology That Could Change Health Care 08/27/08
WNPR: Where We Live
Crowdsourcing with Jeff Howe 08/26/08
ABC News Now
Get Paid to Solve Company’s Problems 08/11/08
New York Times
If You Have a Problem, Ask Everyone 07/22/08
Business Week
Podcast: How InnoCentive is still Innovative 07/02/08
Forrester
The Real Business Model for Web 2.0: Corporate Clients 06/09/08
The Boston Globe
InnoCentive is putting out the call on the Net for eco-friendly answers 05/27/08
InformationWeek
Innovation Marketplace Helps People With Good Ideas Find Problems
04/26/2008
Science Magazine
Science by the Masses 03/31/08
Time Magazine
How Many People Does It Take To Make a New Lightbulb? 03/10/08
Freakonomics
Solve a Company’s Problems, Win Cash 02/29/08

————————————————————————————————————

Online Journalism Blog
How news organisations can use ‘open innovation’ - interview with InnoCentive CEO Dwayne Spradlin 4/09/09

Healthcare Finance News
InnoCentive Raises the Bar on R&D 4/3/09

UK Times Online
New Ways to Get Rich From Your Inventions 2/15/09

Oil and Gas Investor
Oil Field Innovation 2/12/09

Mechanical Engineering Magazine
Outside Help 2/11/09

ECT News Network
E-Commerce News: Collaboration: Crowdsourcing - the More, the Monier? 12/17/08

Mass High Tech

InnoCentive Awards $40k for TB Drug Method Solution 12/04/08

WebWorkerDaily
InnoCentive:  The Answer is in the Crowd 12/03/08

Emirates Business 24/7
Crisis May Provide Platform for Innovation 12/02/08

Business Week
Innovation for Hard Times 11/21/08

International Business Times
InnoCentive and EnterpriseWorks/VITA Collaborate to Develop an Affordable Rain Water Storage System for Developing Nations
11/18/08

Knowledge@Wharton
Why an Economic Crisis Could be the Right Time for Companies to Engage in “Disruptive Innovation” 11/12/08

Change This
Open Innovation: Your On-Ramp to Creating a Better Product 11/5/08

We Media
InnoCentive nominated for a We Media Game Changers Award 11/4/08

Finance and Commerce
InnoCentive Project Leads to a Better Flashlight 10/27/08

Finance and Commerce
InnoCentive, an ‘eBay for ideas’, Uses the Web to Solve Tech Problems 10/27/08

Mass High Tech
SAP Incents InnoCentive with $950k 10/24/08

Público.es
Mercenarios de la Innovación 10/13/08

Daily Mail Online
New Breed of Workers Enjoy a Fraction of the Nine-to-Five 10/11/08

SAP Network Blogs - Podcast
Craig Cmehil - Video Interview with CTO David Ritter 09/22/08

Search SAP
How SAP is making friends, and Web 2.0 09/18/08

Search SAP - Podcast
S
AP and open innovation (Podcast interview with David Ritter and Mark Yolton) 09/17/08

Green Biz
Collaboration is the Key to Green Success 09/14/08

Ovum
SAP and InnoCentive team up in innovation marketplace 09/13/08

Philadelphia Inquirer
Crowdsourcing: Idea power from the people 09/13/08

Consumer Passion
The Changing Face of Open Innovation 09/11/08

Search SAP
Connect, collaborate and co-innovate 09/11/08

Business Week Blog
SAP invests in InnoCentive 09/09/08

ZDNet
SAP teams up with InnoCentive; Software IP questions abound 09/09/08

SAP Network Blogs
SAP Teams with InnoCentive to Foster Community Collaboration with Benefit$ for All 09/08/08

Kansas City Star
Even the Pentagon shares ‘open-source’ approach 09/01/08

O Globo
Um mundo de soluções 08/31/08

Philanthro Media
The Rise of PhilanthroSourcing 08/28/08

Veja
O mercado virtual de boas idéias 08/20/08

Linux Insider
Prize Power: How Competition Inspires Tech Innovation 08/06/08

Il Sole 24 Ore
Si chiama Spradlin e risolve problemi 07/31/08

Oren Harari
What Do Amazon and Zipcar Have in Common? 06/27/08

News Digital Media (Australia)
Customers as business innovators 06/16/08

Condé Nast
Charity Prize Fight 06/12/08

Raman Coke
iCitizen Recap 05/21/08

Advergirl
iCitizen: Call to Open Your Brand 05/20/08

CleanTechGreenTech
Foundation Issues Challenge on InnoCentive for Radically Improved and Energy-Efficient Air Conditioning 05/20/08

Philanthropy 2173
More improvements for social idea markets 05/16/08

ClickAdvisor
InnoCentive $6.5m more funding/Cambrian to the deadpool 05/13/08

Philanthropy 2173
Improving Marketplaces for Social Ideas 05/12/08

EE Times
E
ngineering creativity ’swarms’ the heart of sensors confab 05/12/08

Mass High Tech
InnoCentive intakes $6.5 M in second round of funding 05/07/08

VentureBeat
Dean’s audio post: interview with InnoCentive’s Dwayne Spradlin 05/07/08

Xconomy
InnoCentive Raises $6.5 Million for Innovation Network: “Ready for Prime Time,” says CEO in Our Q&A 05/07/08

CondeNast Tech Observer
X-Prize, Meat Edition 04/25/08

01Net
Avec le « crowdsourcing », vous êtes tous des innovateurs 04/18/08

Venture Beat
Hope for the Little Guys at the Intellectual Property Symposium 04/18/08

Fast Company
The Power of the Prize 04/17/08 (May 2008 issue)

Marketing Week
In search of an honest opinion 04/03/08

One Degree
Crowdsourcing 101: Episode 4 - Concluding Thoughts 03/19/08

Spicy IP
InnoCentive: Open Innovation Marketplace 03/19/08

Crowdsourcing: Jeff Howe
Chapter 3: From So Simple a Beginning 03/13/08

Macleans
Eyes on the Prize 03/06/08

NYTimes
Putting Innovation in the Hands of the Crowd 03/03/08

Stephen Shapiro: Changing the Rules of Innovation and Creativity
A Fun Innovation Diagnostic 03/03/08

Business Innovation Factory
Rewriting the Rules in R&D Doesn’t Mean Starting From Scratch 02/28/08

(un)spun.dk
Outside-In Innovation 02/26/08

Jim Ferry Blog
Online Idea Generation and Crowdsourcing 02/25/08

Jurg Benders
Crowdsourcing in Environmental Protection 02/24/08

InformationWeek
Down To Business: Innovation: Get Off The Stump And Get On With It 02/23/08

The Frontal Cortex
InnoCentive 02/20/08

MindMob
Kluster: Crowdsourcing Design 02/20/08

Media Post
InnoCentive Calling all Video Makers 02/20/08

Tech Crunch
First Look: Kluster’s Market Approach to Crowd Sourcing 02/18/08

Information Week
Report from India: Outsourcing For Innovation 02/14/08

Without Thought
Problem Playground 02/11/08

unitedBIT
Businesses Find New Ways to Make Money Online
2/10/08

The Webquarters
Unleashing Innovation, the Unplugged Way 2/08/08

Newzy France
Vos Idees valent de l’or
02/07/08

PCR Project
Prevention, Conflict Analysis, and Reconstruction 01/31/08

London Times
Learn to love social networking sites
01/27/08

Financial Times
Cash for answers 01/25/08

NPR
Bringing Light to Africa’s Dark Nights 01/15/08

About
Are You an Innovator?
01/09/08

Info World
Mob wisdom means business
12/10/07

Computerworld Singapore
Should your company ‘crowdsource’ its next project?
12/07/07

Opensource Association
Tapping Your Global Brain - An Interview with Author Satish Nambisan
11/30/07

New York Times
Win Fabulous Prizes, all in the name of Innovation
11/12/07

Newsweek
Bringing Flashlights to Africa 11/12/07

Business Wire
Prize4Life Celebrates One Year Anniversary of $1 Million ALS Biomarker Challenge 11/6/07

Crowdsourcing Directory
Ideagoras: Marketplaces for ideas
11/2/07

Innovation
Advantages of Open Innovation
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InnoCentive and Nature Publishing Group announce partnership to facilitate open innovation

WALTHAM, Mass. and NEW YORK - March 20, 2009 - InnoCentive, Inc., the global open innovation marketplace, and Nature Publishing Group (NPG), a leading scientific and medical publisher, today announced a partnership to facilitate greater scientific collaboration and open innovation.

Under the agreement, InnoCentive and NPG will work together to stimulate the involvement of scientists worldwide in solving global scientific challenges, via an online marketplace for problems and their solutions. The concept of “open innovation” addresses the research challenges that organizations face, by using external expertise to solve problems and drive development of new products and technologies. Global challenges such as the development of better protection against malaria, finding ways to shorten the clinical trials process and the design of environmentally friendly, sustainable product packaging, to name a few, require broad and diverse expertise.

InnoCentive’s open innovation web site provides a platform for organizations, companies and government agencies (known as ‘Seekers’) to post innovation ‘Challenges’ for the public (known as ‘Solvers’) to solve for financial reward. NPG and InnoCentive intend to jointly produce an online platform for open innovation challenges in the coming months, to facilitate the participation of NPG’s large expert audience.

“NPG’s flagship journal Nature has for nearly 150 years been at the forefront of bringing significant advances in science to the attention of the research community and the public, and strives to be an integral part of the scientific community, aiding collaboration and the spread of knowledge. For large global challenges like infectious diseases and climate change, it makes sense to cast the net as wide as possible to find experts who can solve a problem,” said Steven Inchcoombe, Managing Director, Nature Publishing Group. “Through this partnership with InnoCentive, Nature Publishing Group hopes to explore how we can help increase the chance of solving these global problems. We look forward to working with InnoCentive to promote the expertise of scientists and bring benefits to the wider community.”

This agreement comes at a pivotal time when businesses, especially those in life sciences, are endeavoring to maintain research and development activities with reduced budgets and resources.  The partnership of NPG and InnoCentive will accelerate the uptake of open innovation as a complementary business model that has particular appeal during a global economic downturn.

Nature is one of the most well-known scientific publications on the market and this partnership boosts awareness of the benefits of open innovation within the scientific community,” said Dwayne Spradlin, CEO of InnoCentive, Inc. “It is imperative for companies to engage in open innovation for many reasons, including cost savings and improving lead times to development. Nature Publishing Group has been a pioneer in their use of Web 2.0 tools to interact with their community. We look forward to working with them.”

Further details will be announced in due course.

About Nature Publishing Group (NPG):

Nature Publishing Group (NPG) is a division of Macmillan Publishers Ltd, dedicated to serving the academic, professional scientific and medical communities. NPG’s flagship title, Nature, was first published in 1869. Other publications include Nature research journals, Nature Reviews, and a range of prestigious academic journals including society-owned publications. NPG also provides news content through Nature News. Scientific career information and free job postings are offered on Naturejobs.

 In recent years, NPG has developed a reputation for innovation, using Web 2.0 technologies to foster new forms of scientific communication and collaboration. Examples include the social bookmarking service Connotea, which enables researchers to share, find, and organize articles of interest. Meanwhile, NPG’s professional networking website for scientists, Nature Network, helps scientists to meet, communicate and collaborate.

 NPG is a global company with principal offices in London, New York and Tokyo and offices in Basingstoke, Boston, Buenos Aires, Delhi, Hong Kong, Madrid, Melbourne, Munich, Paris, San Francisco, Seoul and Washington DC. For more information, please go to www.nature.com.

 About InnoCentive

Founded in 2001, InnoCentive built the first global web community for open innovation, enabling scientists, engineers, professionals and entrepreneurs to collaborate to deliver breakthrough solutions for R&D-driven organizations. InnoCentive Seekers, who collectively spend billions of dollars on R&D, submit complex problems to the InnoCentive Marketplace where more than 170,000 engineers, scientists, inventors, business people, and research organizations in more than 175 countries are invited to solve them. Solvers who deliver the most innovative solutions receive financial awards ranging up to US$1,000,000. InnoCentive’s Seekers include commercial, government and non-profit organizations such as Avery Dennison, Procter & Gamble, Pendulum, Eli Lilly and Company, Janssen, Solvay, SAP and The Rockefeller Foundation.

For more information on InnoCentive, go to: www.innocentive.com.

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 InnoCentive and InnoCentive Challenge are registered trademarks of InnoCentive, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.

 

For more information contact:

Grace Baynes
Corporate Public Relations, Nature Publishing Group
+44 (0)20 7014 4063
g.baynes@nature.com

Connie French
InnoCentive Marketing Director[A1] 
978-482-3300
press@innocentive.com

 

Forrester Total Economic Impact of InnoCentive Enterprise Solution


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