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Open Innovation in Family Firms
The Emerald Insight website posted a study whose purpose is to shed light on how family firms execute open innovation strategies by managing internal and external knowledge flows (KF) to provide a deeper understanding of family firms’ ability to innovate through traditions and create value across generations. The study derives a model that explains
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A comparative stakeholder approach for developing open innovation activities in SMEs
The Science Direct website posted an study which noted that recent literature on open innovation (OI) highlights the need for studies regarding the factors that influence firms to switch from a closed to an OI strategy. At the same time, stakeholder literature points out the scarcity of knowledge regarding
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What Is Open Innovation?
The RTE website noted that “No matter who you are, most of the brightest people don’t work for you. They work for someone else. [So] you need a strategy that allows for innovation elsewhere”. That’s what Bill Joy co-founder of Sun Microsystems famously said, and the quotation
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Innovation: I’MNOVATION Challenge Targets Sustainability in Mining
The Canadian Mining Journal reported that a new open innovation program looks to tap ideas from startups around the world to solve some of the mining sector’s most pressing problems. Ennomotive has launched in Chile I’MNOVATION, the open innovation startup program by ACCIONA, a leading multinational
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How Can We Establish Sustainable Open Innovation?
The Elephant in the Lab website posted an article by Professor Marion Poetz, Scientific Director of the Ludwig Boltzmann Gesellschaft’s Open Innovation in Science Center in Vienna who noted “I believe that applying the concept of Open Innovation to the science context holds great potential. It
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Igniting Innovation—Chew Ker Yee of Wangi Industrial
The Asian Scientist website posted an interview with Chew Ker Yee, Vice President of business operations at Wangi Industrial in which he shares his perspective on open innovation and steps companies can take to make open innovation part of their culture. The idea behind this approach is to first share
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Profile of a Serial Entrepreneur
The BBVA website reported that “BBVA supports entrepreneurs because they are a source of wealth and employment. But we also know that transformation is not a journey that can be undertaken alone. If we are in contact with startups, we learn much more quickly,” said Elena Alfaro, the Head of Data
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Hanmi Spurs New Immunotherapy Development Through Open Innovation
The Korea Biomedical Review reported that Hanmi Pharmaceutica is launching new development projects in the field of dual- and multi-antibody-based immunotherapy drugs through open innovation with external technologies. The company’s open innovation projects include a licensing-in deal for an antibody
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The Ups and Downs of Open Innovation Efficiency
The University of Greenwich site posted a new study which noted that Open innovation (OI) has become increasingly popular as an enterprise strategy in both industry and academia, and has been adopted, at least in part, by many companies. Despite this popularity, there is a dearth of evaluation of OI
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Engaging in Open Innovation
The Journal of Geberal Management posted a study which contributes to the literature on open innovation by addressing the scarcity of individual-level literature and insight into the human side of open innovation. Specifically, it examines the relationships between transactional and transformational
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