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Open Innovation: Alive and Well in the Pet Industry.
The Inc. website noted that today, you do not have to start a business to launch an idea into the market. You can go the licensing route and begin receiving passive income for your creativity instead. That’s the beauty of open innovation, the increasingly widespread practice of companies looking outside their own walls for the best new product
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Make Japan Inc. Great Again
The JapanTimes website noted that while Apple, Google and Facebook “openly innovate,” traditional Japanese firms still conduct research and development behind closed doors. The main reason Japan lacks “open innovation” is the nation’s HR systems, which promote employees based on age rather
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Open Innovation Takes Centerstage at TechInnovation
The Independent website reported that TechInnovation, Singapore’s annual industry-technology matching event, to be held in September 19 to 20, will bring together leading international speakers, industry experts, researchers, tech seekers and investors for two days of sharing and collaborating. “TechInnovation
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India Is Open For Fintech, Innovation And Collaboration
The Forbes website reported that financial technology in India is moving from a more competitive attitude to a collaborative one – a quality becoming more and more effective in the fintech space. Managing Director of Startupbootcamp FinTech Mumbai Adrian Johnson agreed that open innovation has
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When Goliath Collaborates With David
The CIOInsight website noted that the simple fact is that, in today’s increasingly interconnected business environment, organizations compete within large ecosystems and collaborate with a variety of firms—from the tiniest startups to the largest global conglomerates. These collaborations might range
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Europe has Untapped Medical Innovation
The PharmaPhorum website noted that the ‘open innovation’ strategy is being pursued by all the big pharma companies – and now it’s simply a matter of who executes best on this approach. This is one of the boldest efforts in big pharma to create relationships with entrepreneurs, scientists and
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The Accenture website noted that open innovation is becoming widely adopted. Why? It works. Innovation is in the headlines more than ever largely due to disruptive business models and products. However, in the past, most who had a potential contribution to advance and idea from conception to fruition
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MIT’s 2017 Global Challenges
The MIT News website reported that MIT’s initiative that brings together problem-solvers of all stripes to tackle the world’s pressing problems — has four new global challenges for 2017: brain health; sustainable urban communities; women and technology; and youth, skills, and the workforce of the
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GE Innovation Lab: FirstBuild
The Harvard Business Review website noted that large traditional organizations now struggling to adapt to the fast-paced, risk-filled digital age would do well to consider FirstBuild, an experiment at GE Appliances that is showing real promise. FirstBuild is an open community of industrial designers,
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The Concept of Open Access
The Times Higher Education website noted that openness should be the defining characteristic for collaboration in the 21st century, and the values and practices underlying successful business-university-government collaboration should be shot through with collaborative principles. “Open innovation”
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