IBM Joins LOT Network in Major Step to Promote and Protect Open Innovation

The PRNewswire website reported that IBM announced a major step in its dedication to open innovation and responsible stewardship of technology by joining LOT Network Inc, a non-profit community of companies that builds a protective barrier for its members against patent assertion entities (PAEs). With

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Corporate Hub as a Governance Structure for Coupled Open Innovation in Large Firms

The Wiley Online Library website posted a study which addresses how the open innovation concept can be applied in large corporations aiming to work with small innovative firms. More specifically, it reports an in depth qualitative study of how AstraZeneca, a global bio-pharmaceutical corporation, designed

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Igniting Innovation—Yang Wenxin Of WisQo

The Asian Scientist website reports that open innovation has helped IoT solutions provider WisQo to develop new products that address market needs. Founder Yang Wenxin said in the beginning, we used to develop IoT solutions based on our own market knowledge. However, we began to realize that other more

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Four Skills For Successful Open Innovation

The Asian Scientist Magazine noted that to make sure that Open Innovation becomes deeply embedded in a company’s culture and not remain just a buzzword, certain skills are required on the part of innovation teams within corporations. We feature here four skills identified by the University of Cambridge

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Open Innovation Challenges and Coopetition-Based Open-Innovation

A study on the IGI Global site found that the success of the open innovation model is based on five major elements, namely, 1) motivating spillovers, 2) incorporation of external knowledge, 3) intellectual property management, 4) maximization of internal innovation, and 5) financial constraints. These

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Open Innovation in the Global Automotive Ecosystem

The Yahoo Finance website reported that today’s global automotive ecosystem is defined through collaborative efforts, not just from automotive manufacturers and suppliers, but by the integration of technology from multiple sources. Leading global automotive supplier Cooper Standard understands

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BBVA: Technological Highlights from 2019 and a Look at the Year ahead

The BBVA website posted the views of BBVA, a global financial group, on the breakthroughs that happened during 2019, and the ones they see in the technological banking landscape in 2020. The biggest development in 2019 has been focused on making a real impact on the business and in the key BBVA projects,

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The PM Live website noted that open innovation has become one of the most talked about concepts of our time. It seeks to power up the ability to work with a broad ecosystem of partners and its customers to harvest the best ideas and to provide the appropriate tangible and intangible assets from all collaborators. Eli

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MIT Inclusive Innovation Challenge Drives a More Equitable Economy

The MIT News website reported on the MIT Inclusive Innovation Challenge (IIC), a global tournament for entrepreneurs harnessing technology to ensure a more equitable future. Since the IIC was launched in 2015, researchers have identified 160 organizations from around the world, awarding a total of $5

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