Section » Open Innovation
MetLife Joins the MIT Media Lab
The Digital Journal website reported that MetLife has established a multi-year collaboration with the Massachusetts Institute of Technology (MIT) focused on accelerating innovative technologies that will transform the insurance industry. The announcement furthers MetLife’s innovation approach of bringing together leading companies and institutions
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Tips for Creating Open Innovation Structures
The Utility Week website noted that it seems many organizations are talking about creating open structures for customer-led innovation – but how do you practically make it happen? Whatever sector you work in there are a huge rise in the number of teams being setup to “drive change” and “promote
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Barriers to Innovating with Open Government Data
The IOS Press website noted that open government data (OGD) can enable outbound open innovation (OI) that is beneficial to society. However, innovation barriers hinder OGD users from generating value. While previous studies have detailed a large number of such barriers, little is known of how different
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User-Driven Innovation
The DT News website noted that innovation with users is a key feature of sustainable firms that are keen to add-value and access new markets. Innovation driven by insight from users and customers helps firms and public sector to devise sound products that meets users’ needs. The pioneering work of
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Are You Open to Open Innovation?
The MDDI website reported that Pfizer and the Institute of Pediatric Innovation organized an open innovation (OI) competition in hopes of addressing an ongoing challenge: administer multiparticulate medicines to children more easily. HS Design, a design firm specializing in medical devices and life sciences,
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Program Brings Digital Solutions To Market
The E&P website noted that for many organizations the imperatives are to keep increasing efficiency and revenues, and suppliers and customers expect a company to have digital interfaces implemented into their operations. In this rapidly changing landscape, and faced with these imperatives, companies
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What Does Open Innovation Mean?
An article in the International Journal of Information Management noted that since the first appearance of ‘open innovation’ as a theoretical concept in 2003, the debates on its essence still continue among academics, while its interpretations within the business community also seem to differ from
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Nottingham BRC Signs for Open Innovation Platform
The Labmate website reported that leading research teams at the NIHR Nottingham Biomedical Research Centre are to collaborate over the next two years with their counterparts in the IMED Biotech Unit at global biopharmaceutical company, Astra Zeneca. Nottingham is the first NIHR Biomedical Research
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Collaborative Workshop Between Client and Agency for Open Innovation
The Journal of Open Innovation posted an article which researched the following questions: How the client and agency as collaborative partner can co-create innovation? How the collaborative workshop can influence the open innovation? What is the purpose of collaborative workshop? What is the process
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Mark Samuels on Open Innovation in Pharma
The Pharma Times Online website posted an interview with Mark Samuels, chief business and strategy officer of the new Medicines Discovery Catapult, on the role of open innovation in big pharma: “I think collaborative research is increasingly important. Benefits of open innovation include access
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