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How can hackathons accelerate corporate innovation?

Flores, Myrna, Golob, Matic, Maklin, Doroteja, Herrera, Martin, Tucci, Christopher, Al-Ashaab, Ahmed, Williams, Leon, Encinas, Adriana, Martinez, Veronica, Zaki, Mohamed, Sosa, M. Lourdes and Flores Pineda, Karina (2018) How can hackathons accelerate corporate innovation? In: Moon, Ilkyeong, Lee, Gyu M., Park, Jinwoo, Kiritsis, Dimitris and von Cieminski, Gregor, (eds.) Advances in Production Management Systems. Production Management for Data-Driven, Intelligent, Collaborative, and Sustainable Manufacturing. IFIP Advances in Information and Communication Technology. Springer International Publishing, Cham, Switzerland, pp. 167-175. ISBN 9783319997032

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Pending embargo until 31 December 2099.

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Identification Number: 10.1007/978-3-319-99704-9_21

Abstract

IFIP WG 5.7 International Conference, APMS 2018, Seoul, Korea, August 26-30, 2018, Proceedings, Part I In recent years, the way corporates innovate has changed significantly. Going from ‘behind closed doors’ innovation to open innovation where collaboration with outsiders is encouraged, companies are in the pursuit of more effective ways to accelerate their innovation outcomes. As a result, many companies are investing to create more entrepreneurial environments, which not only empower employees to proactively propose and test new ideas, but also reach beyond company walls to involve many others in the co-creation of new solutions. In this paper, we outline the most notable benefits of hackathons from the perspective of large organizations, and present the benefits and a methodology for organizing hackathons, i.e. competition-based events where participants work in small teams over a short period of time to ideate, design, rapidly prototype and test their ideas with a user-centric approach to solve a determined challenge. This paper also provides a brief insight into the CEMEX Hackathon, which was organized following the aforementioned methodology.

Item Type: Book Section
Official URL: https://www.springerprofessional.de/en/
Additional Information: © 2018 International Federation for Information Processing
Divisions: Management
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
T Technology > T Technology (General)
Z Bibliography. Library Science. Information Resources > ZA Information resources > ZA4050 Electronic information resources
Sets: Departments > Management
Date Deposited: 03 Oct 2018 15:16
Last Modified: 30 Jan 2019 15:16
URI: http://eprints.lse.ac.uk/id/eprint/90303

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