Section » Open Innovation
Johnson & Johnson Invests in China for Healthcare Innovation
The China Economic Net website reported that global healthcare giant Johnson & Johnson has vowed to further promote an innovation strategy to support China and the world to fight the pandemic and advance the development of public health. With a number of innovative products, technologies and solutions displayed on-site, the company is showing its
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Open Innovation Initiatives to Tackle COVID-19 Crises
The IEEE Xplore website noted that big data and analytics played an important role for open innovation during the pandemic. Sharing data and transferring knowledge between governments, laboratories and research centers helped us to understand the unpredictable spread of COVID-19. This paper explores
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Evolving a Value Chain to an Open Innovation Ecosystem
The California Management Review posted an article which noted that while open innovation ecosystems allow a firm to harness external sources of value creation, these external ties can also constrain its ability to adapt its innovation strategy to pursue new opportunities. This article looks at how an
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Leading Innovation Educators Launch Global Program Connecting Tech Students to Professional Mentors and Opportunities
PR Newswire reported that leading educators from UC Berkeley, the IE University Venture Lab and other institutions announced the Global Venture Catalyst (GVC)™ program, a free opportunity connecting undergraduate technical students from the world’s top-ranked universities with industry educators,
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Foresight, Vestas & Canada’s Trade Commissioner Service Launch Open Innovation Challenge to Transform Wind Turbine Industry
The Foresight website announced that Foresight Cleantech Accelerator Centre officially launched SDG (Sustainable Development Goals) Connect, an open innovation challenge for innovators across Canada to solve industry challenges from around the globe. Taking a market-driven approach, the first challenge,
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7th Annual World Open Innovation Conference
The Seventh Annual World Open Innovation Conference will be held virtually Dec. 10-11. Conference Chair Henry Chesbrough said, “Due to continuing safety concerns and public health restrictions with respect to large gatherings during the COVID-19 pandemic, the Garwood Center for Corporate Innovation,
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Patent-Related Actions Taken in WTO Members in Response to the COVID-19 Pandemic
The Econstor website posted an article which noted that the notion of open innovation, and related innovation models such as open source and commons based peer production, traditionally entail collaborating on the development of a product through a shared technological platform for innovation. While
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Open Innovation
The Oxford Research Encyclopedia posted a review of open innovation which noted that Henry Chesbrough’s book (Open Innovation) has spawned an active literature since its publication in 2003, attracting thousands of attendees to annual world conferences. A bibliometric study that analyzed over 1,200
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How Seeing Ideas of Others Can Harm Creativity in Open Innovation
The American Marketing Association posted an article which maintained that open innovation contests which involve seeing numerous competitive ideas of others harms, rather than stimulates, creative performance. Others’ competitive prior ideas interfere with idea generation, as new ideas need to be
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Innovation Constraints: R&D role in Successful Innovation & Performance
The Journal of Business and Management posted a study on constraints to innovation which utilized qualitative data collected from extensive literature review and allowed for a robust discourse. Findings revealed that an obvious significant relationship exists between research and development, innovation,
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