Technology Scouting And Open Innovation

Technology Scouting plays a vital role in helping organizations discover promising ideas and integrate them internally to drive innovation and growth. In a world where innovation never stands still, it’s essential to modernize and streamline your scouting processes to remain agile, competitive, and responsive to change.

This practical course will help you build a deep understanding of open innovation including how the right mindset, strategic frameworks, and cross-functional collaboration can either accelerate or hinder your technology adoption. You’ll learn how to identify and assess potential partners, measure innovation progress over time, and ensure successful technology and knowledge transfer across your organization.

Introduction to Open Innovation

  • What is Open Innovation? Understanding its scope and importance
  • Key benefits for organizations

Innovation Models & Ecosystems

  • Overview of Technology Scouting, Incubators/Accelerators, Hothouses, and Tech Clusters
  • Industry use cases and success stories

Building a Strategic Innovation Framework

  • Defining your innovation purpose: What, Why, and How
  • Balancing push vs. pull and strategic vs. tactical efforts
  • Identifying types of innovation: product, service, process, efficiency, and experience

Engaging Stakeholders & Teams

  • Identifying internal sponsors and innovation themes
  • Building a “Book of Pain Points” to uncover opportunities
  • Structuring your innovation team and defining key roles

Interactive Case Study & Exercise

  • Analyze a real-world open innovation example
  • Draft an innovation plan tailored to your business

Introduction to Tech Scouting

  • What is it and why does it matter?
  • A structured model for scouting

Discovery & Evaluation

  • Where to look: global innovation hubs, digital platforms, and innovation agents
  • The 3-layer model for evaluating potential partners
  • Conducting effective meetings and asking the right questions
  • Alternative strategies: attracting innovators to you

Designing an Open Innovation Programme

  • Aligning scouting outcomes with business needs
  • Facilitating internal introductions and buy-in
  • Positioning innovations for success
  • Overcoming resistance: “Not Invented Here” and other cultural hurdles

Practical Exercise: Stakeholder Mapping

  • Identify and map key stakeholders within your organization

From Ideas to Execution

  • What is downstreaming and what are its goals?
  • A model for transitioning from discovery to implementation
  • Practical steps: demos, PoCs, pilots

Agile Innovation & Learning Through Failure

  • Using agile frameworks to iterate and adapt
  • Embracing experimentation and managing risk

Overcoming Implementation Barriers

  • Identifying common blockers and how to overcome them
  • Techniques for creating buy-in and breaking through resistance

Creating a Sustainable Innovation Culture

  • Embedding innovation across teams
  • Keeping momentum alive beyond initial projects

Measuring Value & Building an Innovation Portfolio

  • Establishing KPIs and value metrics
  • Structuring an innovation portfolio for long-term impact

Practical Exercise: Portfolio Design

  • Build a preliminary innovation portfolio using real opportunities
  • Define success metrics and performance indicators