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Interview with Samsung CEO Tim Baxter
The Samsung Newsroom website posted an interview by The Economist with Samsung CEO Tim Baxter. The Economist: What is Samsung doing to embrace the idea of “open innovation” without compromising your intellectual property; how do you strike the balance as the CEO? Tim Baxter: Some of that’s going to come from big corporations. A lot of that’s
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Innovation Could Solve Some of our Thorniest Global Problems
An article on the Boston Globe website noted that we cannot solve today’s complex multi-dimensional challenges by foreign aid, by public services, or by philanthropy alone. No one actor has all the answers or the monopoly of good ideas. Cross-sector cooperation — working with the public, private
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Aussie Fintech Wins Barclays’ Global Open Innovation Challenge
The PR Newswire website reported that Aussie trade financing deep technology startup, Trade Ledger finished ahead of nine other VC-backed companies from across the world to be named the winner of the Barclays UK Ventures Open Innovation Challenge. “Within Barclays UK Ventures, we’re
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Open Innovation in the Food and Beverage Industry
The Science Direct website posted an article which explored current and future trends in strategic external network formation in the food and beverage industry. It noted that Oakland has developed a ten-step guide to help companies navigate the process of establishing strategic external networks for
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The Psychology of Open Innovation
The Science Direct website posted an article which discussed the psychology of open innovation. The psychological aspects, so-called ‘soft factors’ necessary for open innovation are investigated in order to show why the majority of innovation failures are caused by the management problems not by
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An Open Innovation Perspective For Patent Policy
An article on the Intellectual Property Watch website noted that based on in-depth interviews with thirty-one entrepreneurs in the IoT space, it was found that firms lacked awareness on Open Innovation, let alone managing IP under an Open Innovation paradigm. The young firms we talked to owned patents
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Open Innovation in Financial Services
The IT Business Net website reported that the Symphony Software Foundation, a nonprofit organization promoting open innovation in financial services, announces its launch as the Fintech Open Source Foundation (FINOS). The FINOS brand reflects the Foundation’s expanded mission of providing an independent
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Dairy Delighted With Open Innovation
The FoodCanada website reported that as the dairy industry evolves to meet changing consumer demands, new strategies to ensure innovation continues are emerging. Agropur is perhaps the best example. In 2016, it abandoned the traditional model of coming up with new products internally. Instead, its annual
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Realizing the Value of Open Innovation
The Big Innovation Centre posted a report which noted that while the specific term ‘Open Innovation’ was only popularized relatively recently – by Berkeley Professor Henry Chesbrough in 2003, based primarily on observations of technology firms – the broader underlying dynamics of the change
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How to Make Collaboration Work For You
The Independent website noted that Insight Out is a consultancy that works with expert groups in companies, government agencies and open innovation networks on creating the conditions for successful creative collaboration. Real collaboration within organizations goes far beyond mere ‘cross-party
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