Section » Open Innovation
Hyundai Motor, KDB Earmark $66.6 Billion to Invest in Mobility Startups
The Korea Herald reported that Hyundai Motor Group has partnered with state-run lender Korea Development Bank to create a fund of 74.5 billion won ($66.6 million) to support open innovation of the South Korean automaker giant and its supply chain. The fund primarily targets domestic startups dedicated to eco-friendly cars and smart cars, as well as
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Openness of Open Innovation in the Product Development Process
The Springer Link website posted an abstract of the book The Openness of Open Innovation in the Product Development Process which discusses different criteria needed to adopt open innovation in the product development process. The research explores open innovation in product development based on company
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Open Innovation Software Market is Booming Worldwide
The Industry Today website reported on a study which provides a detailed overview of key factors in the Global Open Innovation Software Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been
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Open Innovation in the Manufacturing Industry
The ScienceDirect website posted an article which aims to synthetize up-to-date findings, outline the intellectual structure of Open Innovation within the manufacturing research domain, and suggest a future research agenda. Building upon the content analysis of 239 articles indexed in Web of Science
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Sanofi, Capgemini, Generali and Orange Announce the Creation of a Digital Ecosystem Dedicated to E-health
The StreetInsider reported that Sanofi, Capgemini, Generali and Orange announced plans to create a joint venture in France to fast-track the development of concrete healthcare solutions and to make them available to the market for the benefit of patients. The project, on a scale that is unique in Europe,
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Why Vendors Should Lean on Ecosystems to Foster Open Innovation and Scale
The IT ProPortal website noted that when technology companies create platforms built on open standards those companies often depend on a network of partners to help customers take full advantage of what the platforms have to offer. These partners form an ecosystem around the platform, giving users access
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Internal and External Antecedents of Open Innovation Adoption in IT Organisations
The Emerald Insight website posted a study which proposes and tests a theoretical model exploring the impact of internal and external factors of social media use by IT organizations on open innovation (OI) adoption with the mediating effect of knowledge management capabilities. The results revealed that
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Destination Management in Times of Crisis – Potentials of Open Innovation Approach in the Context of COVID-19
The Springer website posted an article which noted that the COVID-19 pandemic has led the tourist industry to a standstill. It also creates the potential to change both the global tourism industry and the context in which innovation management takes place in the medium to long term. The web-based open
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Scrum Ventures Expands SmartCityX Program with the Addition of Five New Partners
The Cision website reported that Scrum Ventures announced that it has expanded its partner companies for SmartCityX, a global open innovation program focused on bringing a diverse mix of stage-agnostic startups together along with some of the most iconic Japanese corporations and industry thought-leaders
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Korean Firms Repurpose FDA-approved Drug for Rheumatoid Arthritis Treatment
The BioSpectrum website reported that Standigm Inc, an artificial intelligence-based drug discovery company and SK Chemicals Co, Ltd, a life science and green chemicals company have announced that they have successfully found a new rheumatoid arthritis indication for an FDA-approved drug and have filed
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