Section » Open Innovation
The Battle For Control Of The Metaverse: Can Open Innovation Outrun Corporate Domination?
The Forbes website noted that the concept of open is a force that has propelled hyperspeed evolution across industries. Radically open frameworks tap into collective creativity—and the power and agility of the crowd—to drive rapid innovation. Chris Andersen, the curator of TED, described how the debut of YouTube unlocked open innovation that transformed
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The Impact of Open Innovation on the World Economy
The IGI Global website posted a summary of the book “The Impact of Open Innovation on the World Economy” noting the findings show that open innovation enhances hotel performance. In practical terms, this study will guide, on the one hand, the firms’ top managers of the hospitality sector
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The Power of Platforms and Networks
The Nasdaq website noted that in a business environment with accelerating rates of change, the power to compete and win is shifting radically from corporations to ecosystems, from leveraging internal assets to accessing external networks, from a traditional operating focus on efficiency to dynamic open
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Sodexo : Why Should Start-ups Partner with Big Businesses?
The Business Insider website reported that Sodexo, a food and facilities management company, noted that start-ups can benefit from collaborating with large corporations because big businesses bring industry knowledge and market access on a large scale which a start-up can benefit from to deploy their
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Integrating Academic Databases with Open Innovation Platforms
The Preprint Press website noted that open innovation makes an open, collaborative process of creating new or improved ideas, methods, or products, based on the exchange of information and knowledge between different agents. Similar growth can be observed in platforms that give access to scientific and
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Medtronic Hosts Its First APAC Innovation Conference
The Taiwan News reported that Medtronic, a global leader in healthcare technology, held its first hybrid conference, Medtronic Open Innovation Conference, in Singapore, themed ”Accelerating Healthcare Technology Innovation”. Chris Lee, President of Medtronic APAC said, “No one company
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Philip Morris Pakistan Launches Open Innovation Program
The 24/7 website reported that Philip Morris (Pakistan) Limited (PMPKL), in collaboration with National Incubation Center Karachi (NICK) has launched an open innovation program through the Innovation Lab platform. The focus of the Program is to facilitate innovative startup founders & entrepreneurs
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Leonardo SpA Outlines Its Five-Year Development Plan to Attain European Leadership in Defense Electronics
The Market Screener website reported that the Italian company Leonardo SpA will invest 200 million euros annually in Italy (a total of €300 million per year when including the division in UK) to develop new products and technology, modernize production lines and strengthen its supply chain and logistics.
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Net Zero Technology Center Launches £10 Million Competition
The Journal of Petroleum Technology reported that The Net Zero Technology Center has launched its 2022 Open Innovation Program aimed at developing and deploying technologies that will reduce offshore emissions, accelerate clean energy production, and enable delivery of the UK’s net-zero ambitions.
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Large Corporates Embark on Business Transformation through Singapore’s National Digital Innovation Platform
The Business Times reported that helping large companies find the right technology providers is a specialty of the Infocomm Media Development Authority (IMDA)’s Open Innovation Platform (OIP). The OIP provides businesses with structured, high-touch and end-to-end support. Launched in 2018, the OIP
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