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Wenco, Hitachi Announce Open Ecosystem for Autonomous Mining
The Robot Report website reported that Hitachi Construction Machinery Co. announced its vision for autonomous mining — an open, interoperable ecosystem of partners that integrate their systems alongside existing mine “Open innovation is the guiding technological philosophy for Solution Linkage,” said Hideshi Fukumoto, vice president, executive
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Igniting Innovation in the Determatology Industry
The Asian Scientist website reported on how Good Pharma Dermatology benefited from open innovation in an interview with its founder, Jason Humphries. “We started looking for products that we could develop into full-fledged brands for commercialization, and we saw the importance of working with
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Lighting as a Service Market
The OpenPR website reported that the rise of the circular economy is driving business model innovation across all industries, with a key spin-off being the emergence of ‘something-as-a-service’ business model. The lighting-as-a-service (LaaS) is fast emerging as an innovative service delivery model
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Translational Health Science Environments
The BuildingDesignConstruction website noted that simply putting researchers and clinicians in the same building with hopes that serendipitous collaborations will ensue will often not yield the outcomes organizations seek. Based on our experience, we have found that success often depends on building
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Open Innovation Contestants Build AI-Based Cancer Tool
The Harvard Business School’s Working Knowledge website reported that the Laboratory for Innovation Science at Harvard (LISH) has a long history of working together with Harvard Catalyst at Harvard Medical School to identify interesting innovation and process problems in translational biomedical
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Digital transformation & Artificial Intelligence Adoption
The Tech Republic website noted that executives are turning to artificial intelligence (AI) adoption to fight for digital supremacy against competitors, with high aspirations for its success according to a recent report from the Boston Consulting Group. Organizations want to shift from digital iteration
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BAE: A Radically Different Way For Defense Innovation
The Forbes website reported that BAE Systems, the U.S. arm of Britain’s biggest aerospace and defense conglomerate, has created an organization within its Electronic Systems unit called FAST Labs that combines funding from federal research centers with venture capital and commercial technology incubators
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Open Innovation to Identify New Tools to Combat the Opioid Crisis
The Newswise website noted that the Department of Homeland Security Science and Technology Directorate (S&T) is prioritizing swift interventions to help address the opioid crisis, and using open innovation to expediently source new tools to counter the supply side of the crisis. In February, S&T
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Tips for Building an Ecosystem of Partners
The Engineer website noted that regardless of industry, the goal is the same: open the ecosystem to new skills, expertise and technologies. Open innovation policies must take the company’s objectives into account to ensure usefulness. Involve leaders—to reinforce the influence of open innovation
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Selecting an Open Innovation community as an Alliance Partner
The ScienceDirect website reported on a study which noted that organizations build strategic alliances with other firms with the intent of tapping into partners’ resources and capturing long-term value from these relationships. Such partnerships are typically governed by contractual or equity arrangements
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