Section » Open Innovation
How Open Innovation Can Sharpen Competitive Edge
The Economic Times website website reported that business innovation, no longer confined to corporate R&D labs, is increasingly the results of collaborative efforts between business partners that interact, exchange knowledge and information and share standards and infrastructure. This shift towards an ‘open innovation’ (OI) paradigm
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Social Aspects of Open Innovation
The Fierce Electronics website noted that open innovation also has a social aspect, enabled by the internet and new forums for idea sharing. These social aspects include the maker movement, different collaboration forums, new business models such as crowdsourced development and funding, and hardware
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Challenges and Perspectives for Science and Research in the EU
The Baltic Course website reported that one of the main components of the emerging European Open Science is open innovation. The article noted that open innovation focuses on new business models and funding schemes to be developed so that everyone, particularly the industry and citizens, have access
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A Clarion Call To Innovate
The Asian Scientist Magazine noted that ideas are in abundance if you only know where to look. As companies seek to gain a competitive edge in their respective industries, they are becoming more receptive to ideas that originate externally, embracing the spirit of open innovation to drive growth. Broadcasting
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Igniting Innovation
The Asian Scientist reported that Health Food Matters, a Singapore-based food company, churns out wholesome meals, food products and beverages that provide much-needed nutrition to support a strong, healthy and happy lifestyle for those with special dietary requirements. Health Food Matters places a
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Four Skills For Successful Open Innovation
The Asian Scientist website reported that rather than depend solely on its own strengths and resources to innovate, organizations are beginning to realize the benefits of partnering with external collaborators for success, practicing open innovation (OI). This strategy has become something of a gold
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Advancing Open Innovation Teaching
The Proquest website described a study which noted that the existing Open Innovation teaching programs are rather limited and the tools and methods applied are not yet widely discussed in business and academia. Building on the results of a large EU project developed first in Europe OI curriculum, the
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A Process View and a Framework of Open Innovation in SMEs
The ProQuest website posted an article which is a research-in-progress outcome of a large-scale study of open innovation in European SMEs. The study presents a process model of an open innovation in SMEs, which has been developed and validated through the course of studying the cases of 117 Europe-based
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Open Innovation in Family Firms
The Emerald Insight website posted a study whose purpose is to shed light on how family firms execute open innovation strategies by managing internal and external knowledge flows (KF) to provide a deeper understanding of family firms’ ability to innovate through traditions and create value across generations.
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A comparative stakeholder approach for developing open innovation activities in SMEs
The Science Direct website posted an study which noted that recent literature on open innovation (OI) highlights the need for studies regarding the factors that influence firms to switch from a closed to an OI strategy. At the same time, stakeholder literature points out the scarcity of knowledge regarding
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