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Decision Time Is Here For Blockchain
The ZDNet website posted an article which discussed the relationship between blockchain, the purportedly immutable global database, and open innovation. It argued that in essence, blockchain has the potential to make open innovation truly “open.” Blockchain, because it is based on a common, open network, represents the next step over the
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Nokia’s Open Ecosystem Network Platform
The PRweb website reported that NOKIA is on a mission to shape the future of technology with its Open Ecosystem Network (OPEN) where innovators, entrepreneurs and developers collaborate on real business challenges. Open Ecosystem Network is an open, cloud based co-creation environment built on the
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Creating An Open Brand
The Forbes website noted that often companies try to fit innovation efforts into their current systems. It just doesn’t work. Innovation needs the ability to pivot and fail. It needs time to find the best path to the future. Instead, most companies have a bureaucracy that is set up to maximize a mature
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Innovation Models For Clean Growth
The BusinessGreen website looked at different approaches to driving sustainable innovation for big business. One approach is open innovation. Businesses often have an inherent reluctance to share ideas, but sustainable solutions frequently require fresh perspectives to maximize an idea’s potential.
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World Open Innovation Conference
The World Open Innovation website announced the Fourth Annual World Open Innovation Conference which will be held Dec.13-15 in San Francisco CA. The conference will explore Digital transformations, led by GE’s Chief Digital Officer, Bill Ruh; consider organizational moonshots, led by Arati Prabhakar,
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The Future of Work and Commerce
The Brandchannel website reported that Mastercard is partnering with WeWork to see if its office space/sharing model can benefit from the global payments giant’s technology—and vice versa—and much more. The two companies are inviting startups to apply to their co-branded digitally connected
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Open Innovation in 60 Minutes or Less
The Digital@DAI website noted that when we do “open innovation,” it’s essential to define the problem we are trying to solve. And crucial to that process is crafting a good “Call.” Can this be done in 60 minutes or less? We started our workshop by giving participants an overview of open innovation
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Nestlé’s Work with Startups
The MarketingWeek website reported that while Nestle previously prided itself on “having all the answers”, it soon realized that in order to keep up with the outside world, it would have to look into creating more external partnerships. Startups could become our competitors, so we had to get into
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How Innovation Is Shaping The 21st Century Company
The Forbes Magazine website posted an article which noted that the broad logic behind open innovation is that it is increasingly difficult for a firm to continuously innovate and grow in isolation. It has to engage with different types of partners to acquire ideas and resources from the external environment
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The Leap in Sustainable Value Creation
The BusinessGreen website posted an article which noted that there are very exciting new service-based models emerging. These occur where companies re-think who their target customer really is, and what value propositions would most effectively meet their requirements. By shifting from selling products
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