Global innovation is alive and well!
In conducting the Cisco I-Prize, one of our key theories is that innovation is alive and well across the globe – but we need the right kind of collaborative tools and incentives to unlock it. I think we can definitely conclude that our theory has proved itself one again, beyond our wildest expectations.
There are currently over 2300 participants who have generated over 700 new ideas so far – A phenomenal level of innovative energy and roughly similar to the initial Cisco I-Prize competition.
What’s been truly amazing is that we have participants from 149 countries!
Just to give you a representative sense of how vibrant the global innovation community is, more than half the countries in Africa have participants (29), the majority of middle eastern countries (8) and 2 of the 3 smallest nations on Earth (Andorra and Monaco). All six continents are very well represented.
The idea generation is also well distributed. About 1/3 of the ideas come from the United States, but after that no other country has submitted more that 10% of the ideas. We’re also encouraged to see that collaboration between participants is very robust: The average number of comments per idea is over 8, which is twice as high the first Cisco I-Prize.
It’s exciting to see how the Internet can enable innovation on such a global scale… but I’m sure we can do even better! How would you improve participation in the Cisco I-Prize? Let me know!