Section » Open Innovation
Digital Strategy to Reimagine Your Business
The Innovation Excellence website noted that open innovation can work in many but not all situations. Open innovation is best suited for well-defined problems that can usually be broken into smaller tasks with a clear goal. An ambiguous problem such as “what is the future of banking” is not well-suited for open innovation. In contrast, NASA successfully
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Involving Experts and Patients to Define Research Missions
The Euroscientist website reported that the Ludwig Boltzmann Gesellschaft (LBG) — a Austrian research organisation located in Vienna — is currently experimenting with Open Innovation in Science to systematically steer missions for their future research groups. Open Innovation in Science has been
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Webinar: Open Innovation and Intellectual Property
The CIPA website announced a webinar noting that Open Innovation and Intellectual Property Rights are seemingly concepts that are at odds. The idea that there be a flow of ideas into and out of an organization to the benefit of all parties certainly presents challenges to patent attorneys. The prevailing
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Effect of Open Innovation on Technology Value and Transfer
The Sustainability website reported on a study which analyzed the differences caused by the effect of open innovation in three Korean industries: automotive, robotics, and aerospace. According to the results, the three industries experienced different effects of open innovation. When large companies
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Achieving Success When Partnering With Startups
An article on the Forbes Magazine website reported that a study published last year by The European Academic Network for Open Innovation highlighted the extent of involvement in innovative activities. One of the most popular forms of innovation activity is partnering with startups in some way. The rationale
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Helsinki Fifth in World Smart City Governance
The Helsinki Times website reported that the City of Helsinki is an example to follow in terms of its commitment to the development of smart cities. Helsinki, has not only developed various local co-creation platforms, competitions and boot camps, but also engaged in active dialogue with other cities
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Lawson: Dig Deeper into Your Customer Base
The Web In Travel website reported that in trying to build a convenience store for the future, Lawson, which has more than 14,000 stores throughout Japan, knew it would have to look outside its own walls and bring in innovation from the outside. When it became increasingly obvious that “innovation
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New Solutions to Defense and Security Challenges
The Imperial College of London website noted that Dr Lucy Mason, Head of England’s Defense and Security Accelerator (DASA), said: “I am excited to see this new phase in the development of DASA. Our presence at I-HUB gives us access to innovative start-ups and world class academics across a wide
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Philadelphia Start-Ups in a National Open Innovation Challenge
The Technically Philly website reported that three Philadelphia-based companies made it to the final stages of the Freedom from Cancer Startup Challenge alongside some 50 companies from around the world. The business plan face-off, created by Bethesda, Md.-based nonprofit Center for Advancing Innovation
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Identifying Open Innovation Partners
The World Scientific website noted that the success of OI projects is directly linked to the selection of suitable partners, who operationally or strategically contribute to reach the goal of the OI project. Despite this relevance of OI-partner selection, methodical support has hitherto been limited —
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