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Ford Collaborates with 3M, GE, UAW to Speed Production of Respirators for Healthcare Workers, Ventilators for Coronavirus Patients
The Yet2 website reported that Ford Motor Company is joining forces with firms including 3M, GE Healthcare, and the UAW to lend manufacturing and engineering expertise to quickly expand production of urgently needed medical equipment and supplies for healthcare workers, first responders and patients fighting coronavirus. Companies and individuals
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The Interplay between Open Innovation and Lean Startup
Henry Chesbrough and Christopher Tucci posted a paper on the Leeds Faculty website which considers the contribution of Lean Startup to the lack of practical advice for employing Inside-out knowledge flows in open innovation. Lean Startup offers a series of practical steps for exploring—and validating—potential
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Customer Knowledge Management, Inbound Open Innovation and Firm Performance
The IOS Press website noted that open innovation is one of the most effective ways to innovate and gain a competitiveness of enterprises, and customer knowledge stands as the cornerstone in all the external sources of innovation. As a result, the management of customer knowledge is critical for the implementation
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The State of Open Innovation
The Wall Street Journal website posted a review Henry Chesbrough’s new book, “Open Innovation Results: Going Beyond the Hype and Getting Down to Business.” On the current state of open innovation, Mr. Chesbrough sees a mixed picture. Open innovation has increased exponentially, but
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Innovation Imperatives from Covid-19
An article by Henry Chesbrough on the Forbes Magazine website noted that with some delay, we humans are beginning to marshal our counter-attack against the coronavirus. Some nascent but promising developments across a number of areas are worth noting, for they sketch a broader lesson for how we might
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€100,000 Plus a Mentoring Program for European Welding Innovators
The Yahoo Finance website reported that the WeldGalaxy project hopes to boost the welding industry by creating an online B2B marketplace that aims to make the European arc welding sector more competitive. The project will also provide financial support to SMEs and Mid-Caps to develop innovative arc welding
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How a Top Chinese University is Responding to Coronavirus
The World Economic Forum website posted an article which noted that responding to the disruption of the Coronavirus, many Chinese universities are shifting to online instruction so that students can keep up their studies. Zhejiang University (ZJU), a comprehensive research university, has proactively
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Open Innovation Ecosystems: Toward Low-Cost Wind Energy Startups
The Emerald Insight website posted information about a new study whose purpose is to demonstrate how an open innovation strategy of public management in the energy sector enables the creation of innovation ecosystems and how it reduces the cost of wind energy projects in energy-poor countries. The research
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Content Choices Getting Better, but TV Experience Getting Worse
An article on the Forbes website noted that instead of isolated large platforms, the future of digital entertainment needs to take the path of collaboration and open innovation. With open innovation, small innovators will be more likely to get traction for their apps and solutions that will lead to that
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Why Pharma Needs to be More Lego to Stay Relevant
The PR Week website reported that back at the beginning of the 2000s, LEGO was logging its largest losses for years and possibly facing bankruptcy. Its central efforts to be relevant again to its customers were not working. That is, until it asked its customers. LEGO embraced the then-novel idea of
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