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Optimal Degree of Openness in Open iInnovation

Optimal Degree of Openness in Open iInnovation

By • on September 27, 2021

An article in the Science Direct website noted that open innovation has become an important mode for firms to improve innovation performance. If the openness is too low, it will reduce the opportunity to acquire external knowledge, while too open will increase the risk of internal knowledge leakage. Therefore, the degree of openness plays a key role

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Spotnana: Travel’s First Open Innovation Platform, Launches With $41 Million in Funding

Spotnana: Travel’s First Open Innovation Platform, Launches With $41 Million in Funding

By • on September 24, 2021

Business Wire reported that Spotnana Technology Inc., the first technology company to build an open global innovation platform for travel has  announced $41 million in funding. “Spotnana is re-envisioning the travel experience from the ground up. By applying a cloud native and open approach to

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Setting Conditions for Open Innovation in the Food Industry: Unravelling the Human Dimension of Open Innovation

Setting Conditions for Open Innovation in the Food Industry: Unravelling the Human Dimension of Open Innovation

By • on September 22, 2021

The Emerald Insight website posted a study which noted that the human dimension of open innovation is paramount for organizational excellence. However, there is scant evidence of the implications of human resource management practices on employees’ orientation towards open innovation. The article

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Survival of Fittest: Open Innovation and Product Development Linkages

Survival of Fittest: Open Innovation and Product Development Linkages

By • on September 20, 2021

A conference paper at the International Conference on Human Interaction and Emerging Technologies noted that open innovation is becoming the frontline strategy to develop new products and services in most R&D based firms. This paper focuses on the strategies of the companies which protect their

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NORCAT Launches Open Innovation Platform to Connect the ‘Builders’ and ‘Buyers’ of Innovation

NORCAT Launches Open Innovation Platform to Connect the ‘Builders’ and ‘Buyers’ of Innovation

By • on September 16, 2021

The Mining.com website reported that NORCAT has launched the NORCAT Open Innovation Platform – an online marketplace that enables tech companies and mining companies to work together to solve the many intractable challenges facing the global mining industry. NORCAT’s aspirational priority to be the

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Solving COVID and Climate: ‘Innovation Without Borders’

Solving COVID and Climate: ‘Innovation Without Borders’

By • on September 15, 2021

The Korea BizWire reported that The Lens has launched the Collective Action Project – a multi-year initiative to enable open innovation knowledge for solving problems together. Comprising a massive collection of over 134M global patents linked with 236M research publication records and hundreds of

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New Jersey Governor Announces Winners of the Future of Work Accelerator Open Innovation Challenge

New Jersey Governor Announces Winners of the Future of Work Accelerator Open Innovation Challenge

By • on September 14, 2021

The Insider New Jersey website reported that Governor Phil Murphy announced the winners selected for the New Jersey Future of Work Accelerator program – the result of a national call for applications for innovations designed to promote worker rights, worker safety, and lifelong learning. “These innovators

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Portuguese Startup TAIKAI Snaps Up €2 Million for its Blockchain Solution for Open Innovation and Recruitment

Portuguese Startup TAIKAI Snaps Up €2 Million for its Blockchain Solution for Open Innovation and Recruitment

By • on September 13, 2021

The EU-Startups website reported that Portuguese blockchain-based open innovation platform TAIKAI has raised €2 million in a funding round which will fuel the development of hiring solutions for companies and startups. Founded in 2018, TAIKAI started as an open innovation platform, helping Portuguese

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How Firms Use Inbound Open Innovation Practices Over Time

How Firms Use Inbound Open Innovation Practices Over Time

By • on September 10, 2021

The journal R and D Management noted that the existing research on Open Innovation documents a broad set of practices that firms may use to implement inbound Open Innovation, which entail various degrees of integration with the external partner. There is also empirical evidence showing how firms move

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How to Appropriate Value from General-Purpose Technology by Applying Open Innovation

How to Appropriate Value from General-Purpose Technology by Applying Open Innovation

By • on September 9, 2021

The California Management Review noted that artificial intelligence increasingly attracts attention and investments. However, appropriating value from this general-purpose technology (GPT) can be difficult. To understand these challenges, this article analyzes why IBM failed to generate significant profits

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