• 2012 September 06

Company Description

ideaphore pairs startups with organizations for the purpose of co-invention that helps companies identify and engage with their customers.

ideaphore LLC is an open innovation company. We pair startups with larger, more established, organizations for the purposes of co-innovation. We also help individual inventors who want to co-invent with larger organizations to become startups ready to do so. We accomplish this with modern intellectual property agreements, advanced data analytics, social media integration, a web platform, and a network of innovation professionals all packaged into one marketplace. Open innovation, or external innovation, is the process by which organizations look outside of their own employees to either bring innovations into the company or monetize shelved intellectual assets by spinning innovations out. Innovation is a novel combination of good idea, substantial value, and adept execution.