Open Innovation Studio
In a world of increasing complexity organisations cannot afford to rely only on their own expertise and research. They need to associate, collaborate and share.
Open innovation is about combining internal and external ideas as well as internal and external methodologies to advance the development of new models, technologies and services.
Open Innovation Studio is a place that allows this to happen. It is a physical environment that combines the attributes of a shared office, a classroom, a coffee shop and a gallery. It also brings together elements of a business incubator, innovation agency, dynamic public space and members club.
Open Innovation Studio’s business is to foster and support socially relevant innovation. Our core product is flexible membership in an inspirational and well resourced habitat in Cape Town where innovators can work, share, learn, and change the world. It is specifically aimed at smaller organisations and solo-flying change agents.
Innovation is a network-endeavour. It relies on having visibility of and access to the right mix of talent, knowledge, resources and finance. Our belief is that inter-disciplinary talent can be attracted together such that we create value far in excess of the sum of its parts. This concept has been successfully demonstrated in other projects around the world and the Open Innovation Studio builds on their experience. To this end we are in the process of forming a formal alliance with the Centre for Social Innovation in Toronto, Canada.
Open Innovation Studio is an initiative of Brightest Young Minds, a youth driven non-profit organisation, with the assistance of Dendrite Studios, a company involved in education and consulting.
The doors of Open Innovation Studio opened in December 2008 and while still in its infancy it has already attracted several tenants and hosted numerous events.
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