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Hyundai Expands Its Global Base for Open Innovation

Hyundai Expands Its Global Base for Open Innovation

By • on June 7, 2019

The Yahoo Finance website reported that Hyundai is launching  an open innovation center named M. Cube in Shenzhen, China, a mecca for Chinese start-ups. The open innovation center aims to discover and invest in global start-ups that have new, future-car technologies. M. Cube will be tasked with discovering start-ups that distinguish themselves in a

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Open Innovation in the Luxury Field

Open Innovation in the Luxury Field

By • on June 6, 2019

The Luxury Institute website noted that only a small minority of brands applies open innovation across the luxury landscape. Frequently, luxury goods and services brands are insular and isolated from the best available external talent. They behave like command-and-control fortresses, protecting themselves

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An Analysis of Open Innovation Strategies in Firms in Low and Medium Technology Industries

An Analysis of Open Innovation Strategies in Firms in Low and Medium Technology Industries

By • on June 4, 2019

The IEEE Transactions website posted a study analyzes how firms in low and medium technology industries implement their OI strategy. It explores common patterns in OI strategies by considering inbound, outbound, and coupled OI practices. It also examines whether there are differences in innovation performance

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A Study of Open Innovation in the Electricity Sector

A Study of Open Innovation in the Electricity Sector

By • on June 3, 2019

The University of Mannheim website reported that an open seminar by the Mannheim Institute for Sustainable Energy Studies and the Leibniz Centre for European Economic Research will be held on June 5 on Open Innovation in the Electricity Sector. This talk focuses on current efforts by a consortium of

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Understanding the Effects of Social Capital on Social Innovation Ecosystems in Latin America

Understanding the Effects of Social Capital on Social Innovation Ecosystems in Latin America

By • on May 31, 2019

The International Review of Sociology published a study based on the analysis of two pioneering experiences tackling poverty in Latin America: Socialab (from Chile) and Compartamos con Colombia (from Colombia). Both cases are social innovation hubs that promote open innovation processes. Socialab practices

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Does Global Competition Allow Open Innovation for a Small Country?

Does Global Competition Allow Open Innovation for a Small Country?

By • on May 30, 2019

The INA-Rxiv website posted an article which noted that in facing the global competition, small countries should develop their national research and development. Open innovation aims to improve the organization ability to innovate new ideas for products and solutions through exploiting external ideas

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Opportunities in Open Innovation

Opportunities in Open Innovation

By • on May 24, 2019

The Opinno.com website noted that open innovation presents serious opportunities to both large and small companies. The exchange of knowledge between scientific players, public institutions and business partners, for example, decreases investment costs in research and development, while increasing potential

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Open Innovation Labs: How Lockheed Brought Better Security to Fighter Jets

Open Innovation Labs: How Lockheed Brought Better Security to Fighter Jets

By • on May 23, 2019

The DevOps.com website reported that Open Innovation Labs were developed by Red Hat as immersive training grounds to help its enterprise customers figure out how to deliver better software, faster. “By working with the Red Hat Open Innovation Labs team, we changed everything—our toolchain, our

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A Contextual Approach To Open Innovation

A Contextual Approach To Open Innovation

By • on May 22, 2019

The Inderscience Online website posted a study which develops a theoretical framework of the relationship between open innovation practices, individuals performing those practices, and context factors that enable or constrain those individuals carrying out open innovation practices. The paper reports

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Absorbing In-Bound Knowledge Within Open Innovation Processes

Absorbing In-Bound Knowledge Within Open Innovation Processes

By • on May 19, 2019

The Emerald Insight website posted a study which investigated the way companies involved in Open Innovation Processes routinize the procedure through which they can absorb in-bound knowledge, using a case study of Fiat Chrysler. In-bound knowledge passes through the phases of acquisition, assimilation,

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