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DENSO Establishes Pittsburgh Innovation Lab to Accelerate Automated Driving R&D
The Automotive World website reported that DENSO Corporation, a global manufacturer of automotive parts, has announced it has established the Pittsburgh Innovation Lab, a new U.S. R&D center designed to strengthen open innovation and enhance technology development that enables automated driving. At the Pittsburgh Innovation Lab, DENSO will conduct
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The Influence of CEO Values on Firm Open Innovation
The Academy of Management website posted a study which noted that prior research has focused on exploring the factors promoting openness in innovation from firm characteristics, industrial economy and environmental determinism perspectives, while the “microfoundations” of open innovation remain relatively
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Exploring Open Innovation and Digitalization in Services
The Academy of Management website posted a study which investigates the interlink between open innovation (OI) and digitalization in the service industry, particularly in consulting firms. OI is an emerging theory that has not been fully explored in the service industry. The researchers conducted 15
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Overcoming the Similarity-Complementarity Dilemma in Open Innovation Partnerships
The AOM Journals website posted a research study which noted that despite the increasing interest in open innovation and the vast body of literature, the way firms select partners is not fully understood. We aim to fill this gap in the literature by investigating the selection process using a qualitative
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Can Government Policies Drive Open Innovation Type Platforms?
The Multimedia University website noted that the open innovation framework is based on a focal organization, which is usually a business organization that provides a platform for other organizations to collaborate. We propose an alternate framework for open innovation, that is, one that is ‘customer-driven’
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Why Open Innovation Is Such A Needed Idea For Tech Firms
The Analytics India Magazine website quoted former IBM research director James McGroddy: “When you’re targeting your technology to your current business, it’s like a chess game. In a new market, you have to plan your technology entirely differently. You’re not playing chess anymore; now you’re
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Green Building Council Publishes New Open Innovation Framework for Buildings
The WorkplaceInsite website reported that The UK Green Building Council and Sustainable Ventures have together published the Open Innovation Levels Framework, a resource aimed at enabling open innovation with the goal of reducing the climate impacts of the built environment. The Framework claims to provide
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Open Innovation: Improving Your Capability, Deal Flow, Cost and Speed with a Corporate Venturing Ecosystem
The IESI Business School released a new report on how corporations can boost their capabilities and efficiency collaborating with startup entrepreneurs in a highly volatile market. The report, Open Innovation: Improving Your Capability, Deal Flow, Cost and Speed with a Corporate Venturing Ecosystem,
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The United States of Amazon and Its Flywheel Economy
The BBN Times website noted that Tech Giants include Apple Facebook, and Google … but Amazon’s unique flywheel makes it the torchbearer. AWS alone is on track to be worth $1 trillion. The Amazon flywheel fuels a circular, data-driven ecosystem that’s bolstered by Open Innovation. Amazon
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Direct-to-Consumer Brands Team Up to Give Back
The Inc. website reported that Rothy’s, ThirdLove, Framebridge, and other companies are partnering to make masks, raise funds, and experiment on new projects during the pandemic. “We were operating in isolation, but heard rumblings that other companies were trying to figure out what they
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