Section » Open Innovation
CHAMP Cargosystems Joins Luxembourg Open Innovation Club
The AJOT website reported that CHAMP Cargosystems, a global leader of IT solutions to the air cargo industry, has joined the Luxembourg Open Innovation Club (LOIC). CHAMP aims to share and exchange its industry knowledge and expertise to assist the group’s mission to support corporate innovation. The initiative is dedicated to the broadening of business
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Measuring SMEs’ Propensity for Open Innovation
The IEEExplore website posted a new study which noted that open innovation (OI) has captured increasing interest over recent decades as this approach is linked to higher level organizational ambidextrous strategy, and has become a prerequisite for achieving competitive advantages. Assessing firms’
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Solve Launches 2019 Global Challenges
The MIT News website reported that MIT Solve Executive Director Alex Amouyel announced the launch of Solve’s newest set of global challenges: Circular Economy, Community-Driven Innovation, Early Childhood Development, and Healthy Cities. “Through open innovation, we find the most promising tech-based
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The Best of Both In-House and Outsourced Tech Scouting
The IAM website noted that organisations around the world today are scouting technologies outside their walls to find solutions to their innovation problems and to create successful products and solutions. If your aim is to tap the potential of open innovation approach, scouting for ideas outside your
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5G as an Innovation Platform
The Civil Service World website noted that to become true digital service providers, operators will need to transition from ‘closed’ to ‘open’ innovation models. We began to see the power of open innovation with Apple’s iPhone app store and the emergence of open source software, which both
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Japan looks to open doors to healthcare innovation
The Pharma Letter website reported that there are real signs that Japan is now making a concerted effort to make its healthcare sector a more open and attractive place to invest. The resurgence in global interest is being driven by de-regulation opening-up accelerated approval pathways. Japan could
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Corporate Venturing: How Much Autonomy Will Maximize Impact?
The IESE Insight website website reported on a new study on how companies can best maximize the impact from corporate venturing. Chief innovation officers know that corporate venturing — the collaboration between established firms and innovative startups — can yield strong results. Its
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Innovation Management
A new book, “The Routledge Companion to Innovation Management,” has a chapter on Open Innovation, “A conceptual comparison of open innovation and several similar innovation models”. The chapter discusses collaborative innovation, network-based crowdsourcing, the modes of open
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Future Foods Accelerating Impactful Innovations
The Food Navigator website noted that Future Foods is an ecosystem that aims to make food innovation a key tool to tackle the great challenges of the future: affordable nutrition, world hunger, and sustainability. It promotes education through the Future Food Institute Trust and supports open innovation
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Managing for Ambiguity
The Stanford Social Innovation Review website noted that a recent evolution in in innovation—from a closed model to a more open one—is in the process of becoming more ecosystem-centric. Of note is the trend away from the maximization of corporate value and toward maximization of social value. Current
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