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Murata Launches Open Innovation Website
The Thomasnet.com website reported that Murata, a manufacturers electronic components, launched of its Open Innovation website to create collaborative relationships with start-ups to develop solutions in the mobility, energy, healthcare, and wireless markets. With its specific focus on start-up companies and universities, the website provides the opportunity
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Open Innovation as a Value Chain for Small and Medium-Sized Enterprises
The Sustainability website posted a study which noted that the concept of open innovation is currently one of the key issues regarding the innovative development of micro, small, and medium enterprises (SMEs). The research presented in this article has indicated the existence of several significant regularities
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Innovating Now for a Post COVID19 World
The Innovation Excellence website posted an article which noted that innovation can come from places we may not expect, and that we have a largely untapped talent pool that we could take more advantage of. One of the opportunities COVID19 may have thrown us is open innovation 2.0. It has shown us
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Business Model Innovation in Strategic Alliances
The Wiley Online Library posted a study of business model innovation which noted that Henry Chesbrough was the first who distinguished between open and closed business models. The term ‘open business’ was originally used in the context of collaborative innovation research but was used more broadly
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Open Innovation as a Business Performance Accelerator: Challenges and Opportunities for the Firms’ Competitive Strategy
The Springer website posted an article which noted that the open innovation approach is often associated with research and development of new products, while its application in other contexts is still under-researched. This paper contributes to filling this gap by analyzing the open innovation in the
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To Recover Faster from Covid-19, Open Up: Managerial Implications from an Open Innovation Perspective
The Science Direct website just published a study by Henry Chesbrough which noted that Covid-19 has severely tested our public health systems. Innovation will have an important role to play in recovering from the aftermath of the coronavirus. This article discusses both how to manage innovation as part
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Dawn of an Open Exploration Era: Principles of Open Science and Innovation of University Research Teams
The Science Direct website posted a study which reported that new principles and practices of open science at universities are triggering novel open innovation practices by university research teams. The purpose of this study was to identify emergent principles, practices, and underlying mechanisms of
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Open Innovation in Medical Technology Will Save Lives
The Electric Frontier Foundation posted an article which noted that working in the open doesn’t mean a sacrifice in quality. Scientists know that the best way to understand a problem and create innovative solutions is through open collaboration. No one should have the veto power of copyright or patent
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Ten Guidelines for Creating Opportunities in a Time of Crisis
The Knowledge@Wharton website noted that many companies have on their staff non-productive employees who do not have the competencies needed to succeed in the 21st century. It is possible to build a new talent strategy around a small core of full time-employees (mostly the designers of strategies and
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Open Innovation: Co-creation, and Entrapreneurship
The website Innovation Excellence posted an interview with Nicholas Ind author of the book Co-creating Brands in which he discusses open innovation, brands co-creation, and entrepreneurship. He notes that the balance between freedom and structure is interesting when it comes to open innovation. Organizations
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