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LEGO Group Announces New Open Innovation Scheme
The BrickFanatics website announced that the LEGO Group is opening up the doors of the Creative Play Lab in a new approach to innovation. For years, the LEGO Group has developed new concepts and innovations behind closed doors. Now, the Billund, Denmark based business has announced “a new strategic approach that will help foster open innovation and
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Celltrion Signs ‘Incubation’ Agreement on New Drugs for Atherosclerosis
The Pharma Letter website reported that South Korean drugmaker Celltrion has signed an ‘incubation’ agreement with Emory University in Atlanta, to support the research and development of new drug candidates for atherosclerosis. An ‘incubation’ agreement is one of the open innovation measures
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6 Lessons Learned From Investing In 800 Startups
The Forbes website noted that open ecosystems are not created by open innovation labs. Having a smooth cooperation between startups, corporations, governments and all the relevant players in an ecosystem is a challenging task. It cannot be achieved solely from the open innovation arm of the corporation
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5th Annual World Open Innovation Conference
The Garwood Center for Corporate Innovation at the University of California, Berkeley announced that the 5th Annual World Open Innovation Conference will be held Dec.13-14 in San Francisco. This unique event combines the latest in Open Innovation research with the open innovation practices of some
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The State of Open Innovation 2018
The Luminary Labs website reported on the release of its landmark new study, “The State of Open Innovation.” Luminary Labs surveyed nearly 100 private sector, government, and nonprofit organizations which shared how they are using open innovation in pursuit of new approaches to complex
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Open Innovation Set to Shape Future of Welsh Economy
The Business News Wales website noted that the term ‘innovation’ gets thrown around constantly in modern day business; meaning different things to different people. However, in recent years, the term ‘Open Innovation’ has become more apparent; especially in the world of product development. The
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Winner of FPInnovations Foresight Challenge
The Wood Business website reported that Object Raku Technology, with its partner Forsite Consultants Ltd., was the winner of the FPInnovations Foresight Challenge. These companies were awarded a $200,000 contract to further advance technologies and techniques for rapidly producing more accurate and
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New Technology Centre to Further Innovation in Medtech
The Straits Times website noted that transformative technologies and innovative business models have rocked the medical technology (medtech) sector, and companies can no longer solely rely on in-house capabilities. Instead, open innovation will become more important as stakeholders from diverse and
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Bridging Minds And Building Networks
The Asian Scientist website noted that innovation does not happen overnight—it takes a convergence of talent and resources to pull off, and not every company can afford to carry out research and development (R&D) on its own. This is where open innovation can help businesses improve their productivity
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Open Innovation and Social Big Data for Sustainability
The Sustainability website posted an article which aims to contribute to the debate on Open Innovation in the age of Big Data by shedding new light on the role that social networks can play as enabling platforms for tourists’ involvement and sources for the creation and management of valuable knowledge
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