Innovator Factor Foundation is a leading non - profit global organization established for formulation and implementation of Large Scale Open Innovation Architecture established in 2006.
ThinkTank - Watchdog - Product Innovation Lab - Policy Research
In early 2006 , Innovator Factor Foundation was formed after phases of interaction among various Innovators, Researchers & Industrial designers (mostly alumnus of the International Science & Engineering Fair) eager to find a common platform where the idea seed can be nurtured and turned into market viable product. Everybody had a vision that each of the following three primary stakeholders achieves significant value through the program: Innovators - Scientific Researchers - Industrial Designers; Industry-R&D institutes-University; Non-Profit Organization, Government, Common people. The foundation was setup for the exponential increase in the ‘Ideas-Product’ transformation rate. The ‘Open Innovation’ that we coin into the market will help industry access the scientific challenges powered by the technology that surpasses all the limits of applications. The faster market expansion, as well as ease of access to the potentially revolutionary innovation is something targeted for industries. On the other side of the page we have excellent working platform and market for ‘innovators-scientific researchers-industrial designers’ devoid of which many innovators get crushed. Thus both the sides get huge benefits. |
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Milestones : INDUSTRY } Developed extensive database of innovators, researcher & designers for Industries. Created a web 2.0 based intelligent visual interaction platform. Pilot projects for Automobile & Consumer Electronics sector. GOVERNMENT } Simulated the SeOI architecture in the govermental bodies of science & technology to generate solution to the problem statement. INNOVATOR } Creating value for the whole open innovation paradigm by providing a unique product to enable scientific discussions online. ACADEMIA } Consulted several univeristy for improving technology transfer & scouting process. PEOPLE } Popularized the concept of “open innovation” by focusing on extensive research into pre- existing resource analysis & case study. Conducted several awareness programs and meetups for promoting the vision. WATCHDOG } Study of various open innovation platforms.
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