Managing product submissions effectively requires a structured approach that balances efficiency, transparency, and communication to ensure that all entries are evaluated fairly and swiftly.
By MarketBlast®
MarketBlast is a submission management platform designed to streamline the process of collecting, managing, and evaluating product submissions from innovators, inventors, and businesses.
By MarketBlast
Submission management software costs vary based on features, user capacity, and customization options. Prices can range from a few hundred for basic solutions and higher for more advanced or enterprise-level platforms.
By MarketBlast®
As the global Open Innovation Software market reaches an estimated $35.65 Billion in 2026, organizations are moving beyond manual email workflows toward automated Submission Management Systems (SMS). Modern platforms now facilitate "Outside-In" innovation by managing high volumes of external IP—such as the 2.8M+ members on LEGO Ideas—while providing critical firewalls against IP contamination. This summary analyzes the core architecture of an SMS, focusing on centralized tracking, automated reviewer assignment, and the ROI of structured innovation portals for SMEs and large enterprises.
By MarketBlast®
An open innovation process is a collaborative approach to innovation where organizations look beyond their internal resources, tapping into external ideas, technologies, and partnerships to accelerate the development of new products, services, or solutions, while also sharing their own knowledge to drive collective progress.
By MarketBlast®
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