Section » Open Innovation
Yonsei Creates Biomedical R&D Advisory Center
The Korea Biomedical Review website reported that Yonsei University Health System has created a research and development advisory center called ALYND to foster cooperation in the biopharmaceutical sector. The center will work to bring together industry, hospital, and academic officials to work towards developing the biopharmaceutical industry, including
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Accenture Betting on Computer Vision in Asia
The WARC website reported that Accenture, the global consultancy, has formed a strategic alliance with and has invested in the computer-vision start-up Malong Technologies, in a move that hints at the company’s China growth strategy and its belief in the commercial application of AI. The deal is Accenture
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Effects of Collaboration Breadth and Depth on Innovation Performance
The Science Direct website posted a study which investigates the effect of collaboration breadth and collaboration depth on the incremental innovation performance of innovation projects. The analyses reveal inverted U-shaped relationships between collaboration breadth and innovation performance
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Societal Trust and Open Innovation
The Science Direct website posted a study which investigates whether societal trust—a key aspect of informal cultural norms—serves as an effective mechanism in improving relational governance among partners, thereby leading to better collaborative outcomes. The study shows that firms in high trust
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How to Create a Strategic Partnership to Spur Innovation
The Business to Community website noted that just as people are motivated by the company they keep, companies are influenced by the partnerships they embrace. Those hoping to innovate would be wise to look beyond their own walls and form partnerships with universities, startups, and other industry players. Working
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Establishing Open Innovation Culture in Cluster Initiatives
The Science Direct website posted a research paper which studied the performance of firms located in clusters. It examined inbound and outbound open innovation in terms of organizational culture in a geographic cluster. It found that agglomeration effects lead to higher trust and information asymmetries
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The Digital Personality of Financial Services
The BW Business World website noted that when a leading financial institution creates a core platform and opens it up for innovation by all or many, it tends to be driven by a strategic vision of that market leader and a willingness to accelerating innovation through open collaborations. This enables
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Innovation in the Open
An article on the Chemistry World website noted a trend in open innovation: rather than drawing start-ups closer to obtain their intellectual property, some firms are shifting to a more collaborative approach. This strategy foresees collaboration agreements, or business support, and subsequent shared
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Knowledge Transfer in Open Innovation
The Emeral Insight website posted a study which noted that despite the abundance of research in open innovation, few contributions explore it at inter-organizational level, and particularly with a focus on healthcare ecosystem, characterized by a dense network of relationships among public and private
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The 12 Disciplines of Consistently Innovative Organizations
The Innovation Excellence website noted that there are certain common disciplines that seem to mark the most consistently – and successfully – innovative companies. The article identified twelve disciplines that businesses – if they are to be consistently successful at innovation and market
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