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Collaborative Innovation Required to Grow Back Maritime Industry
The Maritime Executive website posted an article which reviews open innovation efforts in the maritime industry that have brought inspiration and pathways for new ideas to emerge to improve operational efficiency; to design and implement new business models and develop solutions for the common good. We direct specific attention towards maritime hackathons
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$100 Million Prize Money for Carbon Capture Innovation
The CNBC website reported that the details behind Elon Musk’s $100 million prize for the best carbon capture technology are coming into focus. The nonprofit organization which is running the contest, the XPRIZE Foundation, has been running innovation prizes since 1994. The innovation prize will be
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Nestlé Launches Innovation Platform for Start-ups
The Gadget website reported that Nestlé has launched an innovation platform for start-ups and innovators across the East and Southern Africa Region who want to work with the food manufacturing industry. Created in partnership with COOi Studios, the Nestlé Hatcher is described as “a ground-breaking,
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GE to Launch Innovation Challenge with Taoyuan City Government and Taiwan Power Company to Address Energy Challenges
The Market Screener website reported that GE is launching an open innovation challenge to call for ideas to address power challenges in Taiwan, in line with the government’s goals to strengthen energy reliability and sustainability towards a low carbon future in the country. The challenge, in partnership
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InnoCentive Launches Open Innovation Campaign With Habitat for Humanity
The PR Newswire website reported that open innovation firm InnoCentive is supporting global housing nonprofit Habitat for Humanity in a new challenge to find a solution for retrofitting houses across Africa to reduce the spread of malaria. Focusing particularly on Kenya, where around 70% of the population
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What Is Open Innovation and Why Does It Matter?
The Analytics Insight website posted a useful primer on open innovation. After presenting a basic overview of what open innovation is and why it is important, the article goes on to suggest that organizations divide their open innovation plans into four phases: a Want Phase, Find Phase Get Phase and
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City Innovation Exchange (CiX) Launched to Implement Open Innovation in the Urban Ecosystem
The Covai Post website reported that the City Innovation Exchange (CiX), a digital platform to enable startups as the flag bearers of driving transformation of India’s urban ecosystem to achieve the envisioned goals of the National Urban Digital Mission was recently launched. CiX was launched in
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Startups with Open Innovation: Accelerating Technological Change and Food Value Chain Flows in India
The Indian Journal of Agricultural Economics posted a study which harnesses a large database of start-ups in India and examines the nature of innovations of the start-ups employing the open innovation framework. These fast-expanding knowledge flows have brought several innovations that could not be imagined
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Recent Graduates of T-Mobile’s 5G Open Innovation Lab Show Promising Technologies
The TMONews website reported that T-Mobile has been working with graduates of its 5G Open Innovation Lab to produce new 5G technologies that can improve remote communication and collaboration. T-Mobile has finally unveiled these latest technologies– augmented reality (AR) for frontline workers and
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Visa Offers $125,000 Prize for Global Fintech Competition
The Thisdaylive website reported that Visa has rolled out the 2021 edition of the Everywhere Initiative, is a global innovation program and competition for Fintechs, and it has set aside a combined $125,000 in total prize money for the program and competition. The company is inviting fintech companies
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