Section » Open Innovation

Translational Health Science Environments

Translational Health Science Environments

By • on April 23, 2019

The BuildingDesignConstruction website noted that simply putting researchers and clinicians in the same building with hopes that serendipitous collaborations will ensue will often not yield the outcomes organizations seek. Based on our experience, we have found that success often depends on building an open innovation ecosystem — a living lab that

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Open Innovation Contestants Build AI-Based Cancer Tool

Open Innovation Contestants Build AI-Based Cancer Tool

By • on April 20, 2019

The Harvard Business School’s Working Knowledge website reported that the Laboratory for Innovation Science at Harvard (LISH) has a long history of working together with Harvard Catalyst at Harvard Medical School to identify interesting innovation and process problems in translational biomedical

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Digital transformation & Artificial Intelligence Adoption

Digital transformation & Artificial Intelligence Adoption

By • on April 16, 2019

The Tech Republic website noted that executives are turning to artificial intelligence (AI) adoption to fight for digital supremacy against competitors, with high aspirations for its success according to a recent report from the Boston Consulting Group. Organizations want to shift from digital iteration

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BAE: A Radically Different Way For Defense Innovation

BAE: A Radically Different Way For Defense Innovation

By • on April 15, 2019

The Forbes website reported that BAE Systems, the U.S. arm of Britain’s biggest aerospace and defense conglomerate, has created an organization within its Electronic Systems unit called FAST Labs that combines funding from federal research centers with venture capital and commercial technology incubators

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Open Innovation to Identify New Tools to Combat the Opioid Crisis

Open Innovation to Identify New Tools to Combat the Opioid Crisis

By • on April 12, 2019

The Newswise website noted that the Department of Homeland Security Science and Technology Directorate (S&T) is prioritizing swift interventions to help address the opioid crisis, and using open innovation to expediently source new tools to counter the supply side of the crisis. In February, S&T

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Tips for Building an Ecosystem of Partners

Tips for Building an Ecosystem of Partners

By • on April 11, 2019

The Engineer website noted that regardless of industry, the goal is the same: open the ecosystem to new skills, expertise and technologies. Open innovation policies must take the company’s objectives into account to ensure usefulness. Involve leaders—to reinforce the influence of open innovation

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Selecting an Open Innovation community as an Alliance Partner

Selecting an Open Innovation community as an Alliance Partner

By • on April 10, 2019

The ScienceDirect website reported on a study which noted that organizations build strategic alliances with other firms with the intent of tapping into partners’ resources and capturing long-term value from these relationships. Such partnerships are typically governed by contractual or equity arrangements

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How to Stay Agile in a Fast Changing World

How to Stay Agile in a Fast Changing World

By • on April 9, 2019

The YourStory website noted that with companies going digital, they are able to directly connect with customers and engage with them to co-develop products, understand their challenges, and get new ideas going using crowdsourcing, open innovation, and communities. The close engagement with customers

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Japan to Form 40-Company Alliance for Open Innovation

Japan to Form 40-Company Alliance for Open Innovation

By • on April 8, 2019

The Asian Review website reported that Toyota Motors and about 40 other leading Japanese companies will create a framework for sharing technologies and business ideas to spur innovation, joining a growing global trend for collaborative development. Japanese companies have traditionally taken a go-it-alone

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Lighting The Fuse Of Innovation

Lighting The Fuse Of Innovation

By • on April 5, 2019

The Asian Scientist website noted that thinking outside the box is easier said than done. Encumbered by preconceived notions about how the world operates, we sometimes fail to see how a problem may be approached from multiple different angles and end up settling for solutions that are simply better

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