Section » Business Model Innovation
The State of Open Innovation
The Wall Street Journal website posted a review Henry Chesbrough’s new book, “Open Innovation Results: Going Beyond the Hype and Getting Down to Business.” On the current state of open innovation, Mr. Chesbrough sees a mixed picture. Open innovation has increased exponentially, but productivity and income levels have been stagnant
Comments Off on The State of Open Innovation • Read this story »
More Articles
How to make IoT in business work for you
The Ericsson website noted that finding a business model that secures your enterprise’s future and enables a competitive advantage requires thinking out of the box. Within the Internet of Things (IoT), the mass deployment of sensors and high-resolution data enables new business models for industries
Comments Off on How to make IoT in business work for you • Read this story »
Are New Drug Development Platforms Leading Pharma Innovation?
The European Pharmaceutical Manufacturer site noted that increasingly, the business model for drug discovery and development is predicated on recouping costs barely manageable for first-world, affluent nations. In an effort to combat this trend, various stakeholders in the drug discovery ecosystem have
Comments Off on Are New Drug Development Platforms Leading Pharma Innovation? • Read this story »
Banking on Fintech Collaboration and Partnership
The IT-Online site noted that if banks are to modernize their business models to better serve their customers and meet their high expectations for convenience and value – their operating models must change. It is not only banks’ operating models that are not adequately suited to modern demands. The
Comments Off on Banking on Fintech Collaboration and Partnership • Read this story »
Brokering Success: CCRS
The Insurance Age website posted an article on CCRS, a leading independent insurance broker. CCRS managing director Neil Campbell said that the company started in September 2008 and the business has evolved a lot over 10 years. They did a knowledge transfer partnership with Glasgow University’s Adam
Comments Off on Brokering Success: CCRS • Read this story »
Lighting as a Service Market
The OpenPR website reported that the rise of the circular economy is driving business model innovation across all industries, with a key spin-off being the emergence of ‘something-as-a-service’ business model. The lighting-as-a-service (LaaS) is fast emerging as an innovative service delivery model
Comments Off on Lighting as a Service Market • Read this story »
BAE: A Radically Different Way For Defense Innovation
The Forbes website reported that BAE Systems, the U.S. arm of Britain’s biggest aerospace and defense conglomerate, has created an organization within its Electronic Systems unit called FAST Labs that combines funding from federal research centers with venture capital and commercial technology incubators
Comments Off on BAE: A Radically Different Way For Defense Innovation • Read this story »
When Biz Model Innovation Comes Full Circle
The China Daily website noted that China’s creation of some of the world’s best-known tech-world abbreviations like BAT – short for Baidu, Alibaba and Tencent – can be pinned to the power of the internet. BAT have overhauled traditional commercial business models by expanding
Comments Off on When Biz Model Innovation Comes Full Circle • Read this story »
6 Ways to Reinvent Your Business Model
The Irish Tech News website noted that in 2019, technology has evolved so much that it’s very much a case of adapt or die for all businesses. If you feel as though yours has fallen by the wayside recently and has failed to keep up with changing markets and consumer tastes, it might be time for a reinvention
Comments Off on 6 Ways to Reinvent Your Business Model • Read this story »
Developing New Open Business Models
The Sage Publication website reported on a study which noted that companies can create value by effectively applying and managing open business models. The study used examples from Unilever to show how a firm can combine and integrate its assets, capabilities and skills with those of its partners to
Comments Off on Developing New Open Business Models • Read this story »