What is bauma Open Innovation?
How does bauma Open Innovation work?
What can I gain from participating in bauma Open Innovation as a Solver?
What Challenge types are there and how do they differ?
What is regulated in the specific Challenge terms?
Will I be rewarded for my contribution?
Who can see my proposed solutions?
Can I also participate as a team?
After I submit a solution, how much time does it take to be notified of the results?
Will my data be used for advertising and provided to third parties?
Is my private data secure?
Is the participation in bauma Open Innovation projects free?
Why should I use bauma Open Innovation to find solutions to my organization’s problems?
Couldn’t competitors get an idea of what I am working on, once I post my Challenge on bauma Open Innovation?
Are the solutions that Solvers propose to my Challenge visible on bauma Open Innovation?
What kind of solutions can I expect to receive from Solvers?
What Challenge types are there and how do they differ?
Which type is the most suitable for my Challenge?
Do I have to provide a reward to Solvers for their solutions?
How long does a project last?
How can I be sure that I may actually use proposed solutions after Challenge completion?
What is bauma Open Innovation? ▲
bauma Open Innovation is a platform and service offered by Messe München International powered by InnoCentive that connects „Seekers“ with „Solvers“. Seekers are organizations looking for a solution to a problem they are facing – often related to innovation management or product development. These problems are then formulated as Challenges to which Solvers can propose solutions. bauma Open Innovation is the central platform connecting both parties.
How does bauma Open Innovation work? ▲
"Seekers" post their Challenges on the bauma Open Innovation platform. Depending on the Challenge type (see below) different forms of solutions are asked for, which is described in more detail in the Challenge. If Solvers want to participate in a Challenge, they first need to register, login and accept the specific conditions of the Challenge, before they can view all Challenge details and submit their solution.
What can I gain from participating in bauma Open Innovation as a Solver? ▲
You get the chance to work on and solve real-life problems that leading organizations from the construction machinery industry are facing. Additionally, the most valuable solutions picked by Seekers can be rewarded with attractive monetary awards.
What Challenge types are there and how do they differ? ▲
What is regulated in the specific Challenge terms? ▲
Specific Challenge terms regulate aspects such as questions of confidentiality between Seeker and Solver, IP conditions for the proposed solutions and the award for chosen solutions.
Will I be rewarded for my contribution? ▲
Monetary awards are published in each Challenge, which can be several thousand dollars high or more. Award amounts differ by Challenge type and are always communicated upfront in the detailed Challenge descriptions. The Seeker has absolute and sole discretion to determine whether to accept your proposed solution, or any proposed solution, and whether to make a monetary award. For Challenge types “Theoretical Challenge” and “Reduction-to-Practice” partial awards can be offered, if solutions meet part but not all of the success criteria posted by the Seeker. For Ideation Challenges, the stated award amount is guaranteed and can be split between multiple Solvers.
Who can see my proposed solutions? ▲
Only Seekers are able to view the solutions Solvers provide.
Can I also participate as a team? ▲
Unfortunately there is no ability to submit as a team on the bauma Open Innovation platform. However you will have the opportunity to name additional Solvers in your application form.
After I submit a solution, how much time does it take to be notified of the results? ▲
It depends. Seekers typically complete their evaluations within 1 to 6 months after the Challenge deadline. You will be notified if your submission is accepted or rejected. For Theoretical and RTP Challenges, feedback from the Seeker about your submission is also included.
Will my data be used for advertising and provided to third parties? ▲
No, the data will not be provided to third parties. You can find our current data protection agreement here (http://www.messe-muenchen.de/en/datenschutz.php). If there were an exception, the participant would be contacted before and asked for permission.
Is my private data secure? ▲
Your privacy has the highest priority for us! All data provided on the platform and throughout the registration process are subject to the current data protection regulations. More information about our privacy protection can be found online here (http://www.messe-muenchen.de/en/datenschutz.php).
Is the participation in bauma Open Innovation projects free? ▲
Yes, bauma Open Innovation is free of charge for Solvers.
Why should I use bauma Open Innovation to find solutions to my organization’s problems? ▲
By accessing the bauma Open Innovation community and InnoCentive’s Challenge Driven Innovation methodology and services, your organization increases its research and development capacity while reducing the risk and cost associated with research failure. Essentially, you pay for solutions instead of work, failure, or trial and error.
Couldn’t competitors get an idea of what I am working on, once I post my Challenge on bauma Open Innovation? ▲
You have the option to remain completely anonymous as a Challenge Seeker, without any mentioning of your organization’s name. Additionally, Challenges are written to represent a discrete scientific problem rather than a company-specific problem to hide the Seeker identity and potentially mask the problem application and industry.
Are the solutions that Solvers propose to my Challenge visible on bauma Open Innovation? ▲
No, only you get to view the solutions to your Challenge. No other Solver except the one providing the solution and no other site visitor nor Challenge Seeker can view solutions submitted to your Challenge.
What kind of solutions can I expect to receive from Solvers? ▲
Depending on Challenge type, you get to receive different forms of solutions, ranging from brainstormed ideas up to functional prototypes of a solution. Please see the Challenge type overview below for more details.
Which type is the most suitable for my Challenge? ▲
InnoCentive’s PhD-educated Challenge experts are happy to advise you on the most fitting Challenge type. The answer highly depends on the type of Challenge you’d like to see solved and what type of solutions you are looking for.
Do I have to provide a reward to Solvers for their solutions? ▲
It is your sole discretion on accepting and awarding a proposed solution. The level of award and if guaranteed however differs by Challenge type. InnoCentive’s PhD-educated Challenge experts are happy to advise you on the details of setting the right award amount.
How long does a project last? ▲
Duration differs by Challenge type – ranging from 30 days up to several months. InnoCentive’s PhD-educated Challenge Experts will consult you on the optimal duration of your Challenge in the planning process.
How can I be sure that I may actually use proposed solutions after Challenge completion? ▲
The specific Challenge terms that we set up together with you regulate the transfer or licensing of IP rights of proposed solutions. Prior to participating in a Challenge and before submitting their solutions, Solvers have to agree to these specific Challenge conditions. This ensures that upon Challenge completion and award payment, you get to use the solutions you choose right away.