Join Luminary Labs for a live webinar discussing open innovation strategy and outcomes on December 8.
When organizations invest in open innovation, they want to know what their return on that investment could be. While venture capital relies on established success metrics and grant programs are frequently studied for their effectiveness, open innovation has lacked similar practical research — until now.
Luminary Labs’ second open innovation outcomes survey reveals that thoughtfully designed programs, including prizes, don’t just identify solutions. When they include the right mix of incentives, support, and resources, open innovation can catalyze lasting innovation ecosystems that generate value far beyond the initial program.
Join us at noon EST on Monday, December 8, for a conversation about open innovation strategy and outcomes. Drawing on our latest survey, we’ll discuss:
- The role of open innovation relative to venture capital, grants, and other funding models.
- Typical post-program outcomes, including funding, scaling, adoption, and acquisition.
- How incentive design can attract innovators to new problem spaces, accelerating viable solutions and fostering long-term market-shaping.
- Survey methodology: Who we surveyed and how we analyzed the data.
Speakers
- Sara Holoubek (moderator) — Founding Partner and CEO, Luminary Labs
- Kelvin Chan, Ph.D., MTS, MPH — Philanthropy Executive, former Director, Fund for Early Learning (FUEL)
- Lorin Hamlin — Independent Consultant, former head of Open Innovation at Under Armour
- Steve Rader — former Program Manager of NASA’s Center of Excellence for Collaborative Innovation