Section » Open Innovation
How is the Economic Downturn Affecting Corporate Innovation?
The Sifted website reported that the global downturn has venture capital investors investing less (if at all), at lower valuations and with more stringent demands on startup cashflow. Alberto Onetti is chairman of Mind the Bridge, an innovation consultancy that works with corporates and startups. “The big VC pullback started in the US, hitting private
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Plug and Play Launches Hydrogen Startup Accelerator
The Offshore Energy website reported that Plug and Play is a global innovation platform that aims to build an ecosystem where startups meet corporations to develop the advancements and technologies of the future. The purpose of the program is to connect hydrogen startups from all over the world with
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We Need Global and Purpose-Driven Entrepreneurial Ecosystems
The World Economic Forum website reported that “we need to build purpose-driven entrepreneurial ecosystems that will provide not only capital, but also mentors, policies and initiatives to connect investors and entrepreneurs with each other to share knowledge, experience, and most importantly create
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Why Now is the Time for Open Innovation
An article in the Harvard Business Review noted that as companies struggled to adapt to the fallout of the Covid-19 crisis, many turned to open innovation — a collaborative approach that plays to the strengths of all companies involved and can produce creative, unexpected solutions. It’s a kind of
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DRS Alliance Pools Expertise to Solve Issues of Safety, Efficiency and Capacity
The International Railway Journal reported that the newly founded Digital Railway Solutions Alliance (DRS) of 15 European track technology suppliers, is aiming to adopt an open innovation ecosystem to increase the safety, efficiency, and capacity of the world’s railways. “Our new alliance brings
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Early Birds Featured in “The Companies with Most Disruptive Innovations for 2022″
GlobalNewswire reported that EarlyBirds, an Australian firm that has developed a business to business (B2B) platform that offers a way for early adopters, innovators, and subject matter experts to meet and establish partnerships to speed up technology advancement and adoption, has been featured by the
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Korean Biopharma Beefs Up Open Innovation to Raise Pipelines’ Value
The Korea Biomedical Review reported that Korean pharmaceutical and biotech companies are using various open innovation tools to raise competitiveness in new drug development in the global market. In the past, Korean drugmakers conducted research in secrecy due to the risk of technology leakage. But
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Why Innovative Partnerships Are Crucial to a More Sustainable Food Industry
The Sustainable Brands website noted that innovation within a single company is not enough. Addressing the enormous scale of the challenges facing the food industry today will require ambitious partnerships if the industry is to create a food system that meets the needs of a growing population, within
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The Relationship Between Inbound Open Innovation and the Innovative Use of Information Technology by Individuals in Teams of Start-ups
The Wiley Online Library posted a study which noted that based on the literature review of existing research and considering entrepreneurial teams’ demand to deal with the challenges, this paper analyses the relationship between entrepreneurial teams’ inbound open innovation strategy and
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Open innovation: A Paradigm Shift in Pharma R&D?
The Science Direct website reported that Open innovation (OI) holds promise to accelerate, diversify, and innovate research and development (R&D) in the pharmaceutical industry. It remains to be assessed in which way and to what extent OI is leveraged in practice by current pharmaceutical R&D
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