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How Open Innovation Cuts Costs and Accelerates Time-to-Market
The Digital Journal website reported that open innovation and industry-wide collaboration promise to improve flexibility and agility while decreasing costs and time to market for service providers serving the Asia Pacific. There are two key reasons for the growing popularity of open platforms. First, open strategies are increasingly demonstrating themselves
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How Amazon Turned Their Services into a Platform
The Garwood Center for Corporate Innovation website posted an article which noted that it is not safe to rely on only excellent service to sustain your competitive advantage as a services provider because competitors will learn from you. A more robust approach is to turn your service into a platform
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The Creative Potential Of (Some) Outsiders
An article on the Forbes website reported that research and professional experience in open innovation models suggest that creative breakthroughs often come from unlikely sources, whom the authors call adjacent outsiders — those who are an outsider to your company or industry but have acquired some
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The Forefront of Health Technology Innovation
The Newswire website noted that what if researchers, physicians, engineers, patients, students, equipment vendors, and public health system stakeholders all worked together to devise the medical technologies of tomorrow? That is the founding vision behind the TransMedTech Institute. The Institute is
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Honda Embraces Open Innovation
The Nikkei Asian Review reported that the proudly self-sufficient Honda Motors is now reaching out to partners in artificial intelligence and autonomous driving to keep up as new technology alters the nature of cars. The conventional wisdom in the auto industry is undergoing big changes. Technology is
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Fuelling the Knowledge-Driven Economy
The MalayMailOnline website reported that we see more and more corporate R&D labs opening their doors, collaborating with suppliers and customers, sharing software code with programmers and tapping networks of scientist and entrepreneurs for the world’s best ideas. There is no doubt that open innovation
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Working With Your Competitors
The University of Calgary website posted a new study from the Haskayne School of Business which examines 20 years of ‘open innovation’ in the Canadian energy industry. The authors found that industry finds it easier to employ open innovation methods to address strictly non-competitive environmental
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Coming Waves of Disruption
The Sys-Con Media website noted that big disruptions have upended markets for mobile handsets, personal computers, cameras, newspapers, books, magazines, music, broadcast television and so on — felling a long list of well-known companies along the way. The most viable response to such radical disruption,
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Citizenship and Democratic Production
The OpenDemocracy website reported that in the last decades we have seen how the concept of innovation has changed, as not only the ecosystem of innovation-producing agents, but also the ways in which innovation is produced have expanded. The concept of producer-innovation has been superseded by the
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FCC: Close the Digital Divide with Open Innovation
The Tech Policy Daily website reported that in a break from central planning of the broadband economy, the Federal Communications Commission launched the Broadband Deployment Advisory Committee (BDAC), a diverse group of experts tasked with making recommendations on how to accelerate the deployment of
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