Section » Open Innovation
Why Healthcare Organizations Invest in Dedicated Innovation
The Baltimore Business Journal reported that Open innovation allows teams to narrow a problem’s scope, find potential areas of value, devise several potential solutions, and conduct rapid experiments that help identify where to place bets. Running this process from a department outside the core business helps prevent distraction or “shiny object
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Open innovation in SMEs: A Process View Towards Business Model Innovation
The Journal of Small Business Management posted a study which noted that to be competitive, small and medium-sized enterprises (SMEs) need to transform their business models. To overcome the liability of smallness, SMEs often need to collaborate with external partners—implement open innovation. The
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Epson Partners with Runway to Drive Digital Transformation and Build an Innovation Ecosystem
The Yahoo! Finance website reported that Epson is on a mission to address unmet customer needs through its Open Innovation Program. As an experienced partner in corporate innovation consulting and startup engagement, Runway was selected to translate global trends into business opportunities and scout
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University-Business Cooperation – Unlocking Excellence and Innovation
University World News reported that In the European Open Innovation System, multiple stakeholders co-create through integrated interactions, and generate new ideas and shared values in wide innovation ecosystems. This is based on the Quadruple Helix Model in which government, industry, academia and civil
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Startup Orientated Innovation for Creating Female STEMpreneurs
The International Journal of Computing and Digital Systems reported that cooperative innovation has become more important and has attracted great attention from academic researchers in recent years. One popular approach is the Open Innovation approach described first by H. W. Chesbrough. The way this
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100%Open Partners with HeroX to Connect the Suits with the Sneakers
The Yahoo! Finance website reported that 100%Open, a London-based agency for open innovation, is partnering with HeroX, an open innovation marketplace for crowdsourced solutions. The partnership allows 100%Open to tap into HeroX’s crowd of innovators while giving the HeroX sponsor community access
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Korean Drugmakers Seek Global Collaboration for Open Innovation
The Korea Biomedical Review reported that open innovation has become a major strategy for Korean pharmaceutical companies to develop new drugs. They are increasingly going beyond the border to collaborate with foreign companies or research institutes for global open innovation. Pharmaceutical industry
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The impact of Open Innovation Challenges on Automotive Component Manufacturers’ Competitiveness
The Taylor & Francis Online website posted a study which examined the impact of open innovation strategy challenges on the competitiveness of automotive component manufacturers (ACMs) in South Africa. It addressed ACM open innovation challenges and their effect on competitiveness and the relationship
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OPENeHEALTH Parkinson Has Successfully Come to an End
The Hubbik.UOC website reported that OPENeHEALTH Parkinson has successfully reached its conclusion. This was an open innovation program organized by the Open University of Catalonia (UOC), Hospital de la Santa Creu i Sant Pau, and GMV. Its aim was to develop a technological solution to improve the quality
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Value Capture in Open Innovation Markets: The Role of Patent Rights for Innovation Appropriation
The Emerald Insight website posted a study which noted that the role of patents for appropriating (capturing) value from innovation investments has for decades been of major interest to both practitioners and academics in innovation management. Many studies have implicitly assumed that firms appropriate
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