The Accenture website noted that open innovation is becoming widely adopted. Why? It works. Innovation is in the headlines more than ever largely due to disruptive business models and products. However, in the past, most who had a potential contribution to advance and idea from conception to fruition

Comments Off on • Read this story »

MIT’s 2017 Global Challenges

The MIT News website reported that MIT’s initiative that brings together problem-solvers of all stripes to tackle the world’s pressing problems — has four new global challenges for 2017: brain health; sustainable urban communities; women and technology; and youth, skills, and the workforce of the

Comments Off on MIT’s 2017 Global Challenges • Read this story »

GE Innovation Lab: FirstBuild

The Harvard Business Review website noted that large traditional organizations now struggling to adapt to the fast-paced, risk-filled digital age would do well to consider FirstBuild, an experiment at GE Appliances that is showing real promise. FirstBuild is an open community of industrial designers,

Comments Off on GE Innovation Lab: FirstBuild • Read this story »

The Concept of Open Access

The Times Higher Education website noted that openness should be the defining characteristic for collaboration in the 21st century, and the values and practices underlying successful business-university-government collaboration should be shot through with collaborative principles. “Open innovation”

Comments Off on The Concept of Open Access • Read this story »

How to Find New Ideas Inside and Outside the Company

The Harvard Business Review website reported on a new study which noted that many companies are encouraging employees to scout for new ideas among external partners, such as universities, research institutes, competitors, and customers. Much research suggests that exposing employees to a broad range

Comments Off on How to Find New Ideas Inside and Outside the Company • Read this story »

Crowdsourcing Content Shifts to Open Innovation in Japan

The Campaign website reported that “Open innovation” is the buzzword of the moment in Japan, with a number of large, well-established companies looking to become more agile and bring outside intelligence into their organizations. But while the term may be fashionable,  relatively few firms fully

Comments Off on Crowdsourcing Content Shifts to Open Innovation in Japan • Read this story »

What C-suites Want From Thought Leadership

The Campaign website reported on a comprehensive new study by Forbes and KPMG. One of the key findings was the importance of “smart sharing”: The overabundance of data and the ability to share it across networks provides access to useful and often critical information. These networks extend

Comments Off on What C-suites Want From Thought Leadership • Read this story »

Fazer Seeks to Build Innovation Ecosystem

The FoodIngrediantsFirst website reported that Fazer, a large Finnish food industry company, is working to build an innovation ecosystem in the food industry. “A more open and collaborative innovation approach can produce cross-disciplinary new growth opportunities for the entire food industry.

Comments Off on Fazer Seeks to Build Innovation Ecosystem • Read this story »

Complementing Open Innovation Practices in Multinational Corporations

The Research Platform Alexandria website posted a research paper which argued that open innovation (OI) so far has mainly been understood as a process involving firm external partners. In this paper, we argue that such a focus limits our understanding of how multinational corporations (MNC) profit from

Comments Off on Complementing Open Innovation Practices in Multinational Corporations • Read this story »