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SME’s Pump More Money into R&D
The Straits Times website reported that to sustain economic momentum, the Singapore Government renewed its five-year $19 billion research fund in January last year (2016). The sixth Research Innovation and Enterprise road map – 1 per cent of the nation’s gross domestic product – will see R&D investments in sustainable energy,
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The Inverted U-Curve of Open Innovation
MDPI posted a study on the relationship between open innovation and firm performance. This study revealed several pieces of evidence about the various complex relationships between open innovation and business performance, from a game of life simulation, mathematical modeling and simulation, an aircraft
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Open Innovation 2.0 Conference
The European Data Portal website reported that an Open Innovation 2.0 Conference was held on June 13-15 in Cluj-Napoca, Romania. The conference brought together innovation experts, policy-makers, academic scholars, practitioners and interested individuals dealing with innovation and entrepreneurship.
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Unlocking the Commercial Potential of SynBio
The European Pharmaceutical Review website noted that the volume of ongoing work to link breakthroughs in basic synthetic biology with promising applications underscores its considerable potential to generate both transformative tools and products. Open innovation will be increasingly important in turning
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New York City Fuels FinTech Innovation
The Baseline website reported that an open innovation framework established by the Partnership for New York City, Accenture and financial institutions spurs tech advances and economic gains. For most business and IT executives, today’s furious rate of technology change represents both opportunities
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Fueling Small Business Success Through Innovation
An article on the Nasdaq website noted that small businesses are nimble and bold and can often teach much larger companies a thing or two about innovations that can change entire industries. It went on to note that businesses have a variety of strategy options when it comes to the different types of
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Build Palestine Organizes Solve-A-Thon
The Palestine News Network website reported that Build Palestine, a social enterprise based in Ramallah, in partnership with MIT SOLVE organized a solve-a-thon which aims to solve one of the world’s most challenging problems through open-innovation and partnership. The project tackled the challenge
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First Petrochemicals Complex in Vietnam
The Vietnamnet website reported that the Siam Cement Group (SCG), the second largest company in Thailand, has recently approved investment in the first petrochemicals complex in Vietnam, Long Son Petrochemicals, with a 71 per cent stake and investment of $5.4 billion, with the Vietnam Oil and Gas Group
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Students’ Ideas Adopted by U.S. Intel Agency
The Loudoun Times website reported that a team of students from Loudoun County’s (Va) Academy of Science is turning its ideas into real-world solutions after impressing the National Geospatial-Intelligence Agency (NGA) and the U.S. Army Geospatial Research Lab (GRL). After impressing the NGA,
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5 Steps to Creative Business Model Innovation
The InsightsAssociation website noted that at some point every industry and every organization will face disruption. From retailers like Blockbuster and Borders Books to tech giants like Nokia and Blackberry, seemingly untouchable brands have been caught off guard by rapidly changing business landscapes.
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