Innovation Management

ISO 56003 Innovation management — Tools and methods for innovation partnership

An innovation management system helps organizations capture the best ideas and continually improve to keep up with the competition.

ISO 56003 is an international standard titled «Innovation management – Tools and methods for innovation partnership» published by the International Organization for Standardization (ISO). It provides guidelines for organizations to effectively manage innovation partnerships and collaborations. The standard aims to help organizations identify, evaluate, and select partners for innovation, align perceptions of value and challenges, and govern the interaction between partners.

ISO 56003 is part of a series of standards on innovation management, with ISO 56000 being the foundational standard that provides the fundamentals and vocabulary for innovation management. ISO 56003 builds upon ISO 56000 by focusing specifically on innovation partnership and providing tools and methods to support organizations in this area.

The standard emphasizes the importance of mutually beneficial collaboration in the context of innovation opportunities. It provides guidance on analyzing gaps, identifying potential partners, and establishing effective governance structures for innovation partnerships. ISO 56003 aids organizations in navigating emerging technologies and sourcing technologies that align with their specific needs.

Overall, ISO 56003 provides a framework and best practices for organizations to enhance their innovation capabilities through effective partnership and collaboration.

Key Points of ISO 56003

  • Decision Making: The standard guides organizations on when to opt for an innovation partnership, ensuring a thoughtful and strategic approach.
  • Partner Identification And Evaluation: It provides a detailed method to identify, evaluate and select partners, prioritizing compatibility and mutual benefit.
  • Alignment Of Perceptions: It stresses aligning the perceptions of value and challenges of the partnership, ensuring all parties share a common understanding and vision.
  • Partnership Management: ISO 56003 outlines how to manage partner interactions effectively, fostering open communication and seamless collaboration.

ISO 56003:2019
Innovation management — Tools and methods for innovation partnership — Guidance

Innovation partnerships are developed to create value for each partner working together.
Benefits of an innovation partnership include
  • access to knowledge, skills, technology and other intellectual assets that are not available within the organization, and
  • access to infrastructure resources, such as experimental laboratories and equipment to develop new or improved product and services.
This document provides recommendations for engaging in external partnerships to realize innovation. The corresponding tools and methods are detailed in Annex A to Annex E.
This document relates to the ISO 56000 family of standards, developed by TC 279, as follows:
  • ISO 56000, Innovation management system — Fundamentals and vocabulary provides the essential background for the understanding and implementation of this document.
  • ISO 56002, Innovation management system — Guidance provides guidance for the development, implementation and maintenance of an innovation management system, to which all subsequent standards of the family, are complementary to.
  • ISO 56005, Innovation management — intellectual property management — Guidance provides guidance on how to use intellectual property to achieve business objectives.

Scope

This document provides a guidance for innovation partnerships. It describes the innovation partnership framework and the sample corresponding tools to
  • — decide whether to enter an innovation partnership,
  • — identify, evaluate and select partners,
  • — align the perceptions of value and challenges of the partnership,
  • — manage the partner interactions.
The guidance provided by this document is relevant for any type of partnerships and collaborations and it is intended to be applicable to any organizations, regardless of its type, size, product/service provided, such as:
  • start-ups collaborating with larger organizations
  • SMEs or larger organizations
  • private sector entities with public or academic entities
  • public, academic or not-for-profit organizations

Innovation partnerships start with a gap analysis, followed by the identification, and engagement, of potential innovation partners and the governance of their interaction.

NOTE, The essence of an innovation partnership is for all parties to mutually benefit from working together in the context of an opportunity for innovation.

Source: ISO.org , Planbox
https://www.iso.org/standard/68929.html