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Open Innovation in Healthcare

Open Innovation in Healthcare

By • on June 4, 2017

A report on the Nesta website explored the ways that companies, governments and researchers around the world are collaborating to improve the innovation process in health, from the way that problems are identified to how new products and services are created and then adopted by providers of healthcare. The guide is the result of a collaboration with

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Open Innovation and Federal R&D

Open Innovation and Federal R&D

By • on June 1, 2017

The EPA website noted that Open Innovation approaches, from crowdsourcing to prize competitions, are being adopted by federal agencies at an accelerating rate over the last ten years. At the EPA, the Office of Research and Development has worked to embrace these new tools with success in a variety of

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Plans for a London Office of Technology & Innovation

Plans for a London Office of Technology & Innovation

By • on May 31, 2017

The Public Technology website reported that the Greater London Authority and London councils are looking to establish a London Office of Technology and Innovation (LOTI) to link up disparate organizations’ efforts, set common standards and create a culture of open innovation. As public services increasingly

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GE: How to Join Open Innovation Now

GE: How to Join Open Innovation Now

By • on May 30, 2017

The Industry Week website reported that General Electric’s GeniusLink is the internal profit center coordinating all open innovation efforts for GE, and non-GE organizations that choose to work with them. The company has developed FUSE, a platform similar to that of NineSigma Innocentive, TopCoder,

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How Open Innovation Cuts Costs and Accelerates Time-to-Market

How Open Innovation Cuts Costs and Accelerates Time-to-Market

By • on May 29, 2017

The Digital Journal website reported that open innovation and industry-wide collaboration promise to improve flexibility and agility while decreasing costs and time to market for service providers serving the Asia Pacific. There are two key reasons for the growing popularity of open platforms. First,

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How Amazon Turned Their Services into a Platform

How Amazon Turned Their Services into a Platform

By • on May 25, 2017

The Garwood Center for Corporate Innovation website posted an article which noted that it is not safe to rely on only excellent service to sustain your competitive advantage as a services provider because competitors will learn from you. A more robust approach is to turn your service into a platform

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The Creative Potential Of (Some) Outsiders

The Creative Potential Of (Some) Outsiders

By • on May 24, 2017

An article on the Forbes website reported that research and professional experience in open innovation models suggest that creative breakthroughs often come from unlikely sources, whom the authors call adjacent outsiders — those who are an outsider to your company or industry but have acquired some

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The Forefront of Health Technology Innovation

The Forefront of Health Technology Innovation

By • on May 22, 2017

The Newswire website noted that what if researchers, physicians, engineers, patients, students, equipment vendors, and public health system stakeholders all worked together to devise the medical technologies of tomorrow? That is the founding vision behind the TransMedTech Institute. The Institute is

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Honda Embraces Open Innovation

Honda Embraces Open Innovation

By • on May 21, 2017

The Nikkei Asian Review reported that the proudly self-sufficient Honda Motors is now reaching out to partners in artificial intelligence and autonomous driving to keep up as new technology alters the nature of cars. The conventional wisdom in the auto industry is undergoing big changes. Technology is

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Fuelling the Knowledge-Driven Economy

Fuelling the Knowledge-Driven Economy

By • on May 18, 2017

The MalayMailOnline website reported that we see more and more corporate R&D labs opening their doors, collaborating with suppliers and customers, sharing software code with programmers and tapping networks of scientist and entrepreneurs for the world’s best ideas. There is no doubt that open innovation

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