INNOCENTIVE

“…dramatically improving access to people's minds."

(InnoCentive President and CEO Darren J. Carroll)

A New Era of

Technology...

…where Web sites turn into platforms and users are as integral of an ingredient as

the web site developers.

What is InnoCentive?

InnoCentive@WorkInnovation from within

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.

Crowd Sourcing“The act of taking a job traditionally

performed by a designated agent (usually an employee) and outsourcing it to an undefined, generally large group of people in the form of an open call.” [Jeff Howe – Wired magazine writer]

InnoCentive's goal follows one of the basic models of crowd sourcing: collective intelligence.

62% of all marketing managers have used crowd sourcing.

How InnoCentive Works

Seeker:The Oil Spill

Recovery InstituteCordova, Alaska

Problem: freezing oil

storage tanks in Alaska

Post problem on

InnoCentive with a $20 thousand reward

Chemist John Davis in Bloomington, Illinois uses his knowledge of

concrete to find solution

Thousands of potential

solvers review and attempt to

solve

The Oil Spill Recovery Institute awards John Davis

$20 thousand and implements vibrating storage tanks to keep

oil liquid in freezing temperatures.

Location is no longer an issue!

InnoCentive creates a virtual network connecting people, as well as companies all over the world.

InnoCentive providing Incentives:

Companies don’t have to hire a full research team, or invest in long term investments.

One lump-sum payment is given to the innovator, no need to provide benefits and other perks.

One can actually run a virtual company with a staff of 5-8 people in a small office space or just from home, by outsourcing and research & development.

Stay Competitive & Get on Board!

In 2005, InnoCentive was spun off from Eli Lilly, enabling the

company to expand its

offerings. The InnoCentive

Marketplace now serves 60

disciplines and sub-disciplines.

InnoCentive Corporate Seekers are among the world’s most innovative and creative commercial enterprises, including :

Considering InnoCentive as a part of your business plan?

Crowd Sourcing is clearly the future of research and development.

Don’t miss your chance to get ahead …. this is the future!