Q:How do you monitor quality of data that comes in? A: Assume all data comes in with no value.

Professor Henry Chesbrough on the Open Innovation model.

Professor Karim Lakhani of Harvard Business School presentation on "Accessing the Ideas Cloud". openinnovation.berkeley.edu/Lakhani_March_…

Professor Wim Vanhaverbeke from Hasselt University, Belgium spoke about how SMEs and start-ups get benefited from open innovation.

Mark Hatch, CEO of TechShop, introduces company mission to provide open environment for innovation.

Mark Hatch's presentation: openinnovation.berkeley.edu/Mark_Hatch_4_2…

Professor Wim Vanhaverbeke's presentation on open innovation in SMEs: openinnovation.berkeley.edu/Wim_Vanhaverbe…

How has the TechShop business model evolved? Start with crowd funding in few states, continue with partnerships in other states.

What do entrepreneurs gain from joining TechShop? Can develop projects very quickly, helped by community input.

Barbara Holzapfel, the SVP and Managing Director of SAP Labs, talks about innovation at SAP and the steps taken to become more "open".

Q: How do you use all the data gathered at SAP? A: Analyze the information we gather and give back to the customers in terms of benchmarks.

"Pace of innovation, new business models, R&D spending, rising consumer influence lead to OI model. Working towards it; not there yet."

Q: How are people embracing OI in SAP? A: Both ends of spectrum. Different cultures have different expectations.

Ashish Chatterjee, director of Connect+Develop at Procter & Gamble, on lessons learned from decade of OI #speedoftrust

Q: What was internal reaction to CEO statement of 50% OI? A: Didn't really hit home; slowly trickling down. Culture is very important.

Q: How do you decide what ideas received from outside sources good? A: Simple; does it fit our business strategy?

Dr. Anurag Srivastava, SVP and Chief Technology Officer of Wipro, on Open Innovation in Emerging Markets.

Q: How to unlock innovation in emerging markets? A: Develop system of payment, not currency transfer, utilizing underlying trust system.

Q: How to fix structural imperfections? A: Innovate on edges of imperfection to build a new, improved business model.

John Jacobsen, Head of Quirky's engineering team, talks about social product development process.