Section » Open Innovation
Open Innovation in the Food and Beverage Industry
The Science Direct website posted an article which explored current and future trends in strategic external network formation in the food and beverage industry. It noted that Oakland has developed a ten-step guide to help companies navigate the process of establishing strategic external networks for open innovation. They can take the form of strategic
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The Psychology of Open Innovation
The Science Direct website posted an article which discussed the psychology of open innovation. The psychological aspects, so-called ‘soft factors’ necessary for open innovation are investigated in order to show why the majority of innovation failures are caused by the management problems not by
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An Open Innovation Perspective For Patent Policy
An article on the Intellectual Property Watch website noted that based on in-depth interviews with thirty-one entrepreneurs in the IoT space, it was found that firms lacked awareness on Open Innovation, let alone managing IP under an Open Innovation paradigm. The young firms we talked to owned patents
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Open Innovation in Financial Services
The IT Business Net website reported that the Symphony Software Foundation, a nonprofit organization promoting open innovation in financial services, announces its launch as the Fintech Open Source Foundation (FINOS). The FINOS brand reflects the Foundation’s expanded mission of providing an independent
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Dairy Delighted With Open Innovation
The FoodCanada website reported that as the dairy industry evolves to meet changing consumer demands, new strategies to ensure innovation continues are emerging. Agropur is perhaps the best example. In 2016, it abandoned the traditional model of coming up with new products internally. Instead, its annual
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Realizing the Value of Open Innovation
The Big Innovation Centre posted a report which noted that while the specific term ‘Open Innovation’ was only popularized relatively recently – by Berkeley Professor Henry Chesbrough in 2003, based primarily on observations of technology firms – the broader underlying dynamics of the change
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How to Make Collaboration Work For You
The Independent website noted that Insight Out is a consultancy that works with expert groups in companies, government agencies and open innovation networks on creating the conditions for successful creative collaboration. Real collaboration within organizations goes far beyond mere ‘cross-party
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The Reinvention of NASA
The Harvard Business Review reported that over the past few decades, not only has NASA delivered crucial technologies for society, such as water filtration systems, satellite-based search-and-rescue, and UV coating on eyeglasses, it has also evolved its dominant logic and business model. NASA has moved
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Creating Collaborative Ecosystems through Open Innovation
The Lancaster University website reported that Professor Solomon Darwin will deliver a talk on May 11 at the Lancaster University Management School. He will describe, via a number of case studies, how the Garwood Center for Corporate Innovation has created and continues to nurture an ecosystem of corporations
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New “Organizational Moonshots” Course
The UC Berkeley website reported that Berkeley Haas Business School adjunct professor Henry Chesbrough, who directs the Garwood Center for Corporate Innovation and is known as the father of “Open Innovation,” has made the concept of a “Moonshot” the center of a new course called “Organizational
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