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How to Stay Agile in a Fast Changing World

How to Stay Agile in a Fast Changing World

By • on April 9, 2019

The YourStory website noted that with companies going digital, they are able to directly connect with customers and engage with them to co-develop products, understand their challenges, and get new ideas going using crowdsourcing, open innovation, and communities. The close engagement with customers provides companies ample opportunities to understand

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Japan to Form 40-Company Alliance for Open Innovation

Japan to Form 40-Company Alliance for Open Innovation

By • on April 8, 2019

The Asian Review website reported that Toyota Motors and about 40 other leading Japanese companies will create a framework for sharing technologies and business ideas to spur innovation, joining a growing global trend for collaborative development. Japanese companies have traditionally taken a go-it-alone

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Lighting The Fuse Of Innovation

Lighting The Fuse Of Innovation

By • on April 5, 2019

The Asian Scientist website noted that thinking outside the box is easier said than done. Encumbered by preconceived notions about how the world operates, we sometimes fail to see how a problem may be approached from multiple different angles and end up settling for solutions that are simply better

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Debunking the Myths of Open Innovation

Debunking the Myths of Open Innovation

By • on April 4, 2019

The IPI website noted that the barriers to open innovation are lower than you think. We’re here to debunk some of these myths surrounding OI and highlight how an OI approach to business growth is more accessible and implementable than you think. Myth #1: A small company can’t reap the benefits

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Building an Ecosystem of Partners

Building an Ecosystem of Partners

By • on March 31, 2019

The Engineer website posted a article which noted that a successful future means integrating with partners in a collaborative ecosystem. Industrial businesses understand this and we have seen more and more collaboration with new partners, including start-ups. But the results often disappoint. A better

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Advancing Biological  Research Through Open Innovation Competitions

Advancing Biological Research Through Open Innovation Competitions

By • on March 26, 2019

The Harvard Business School website posted an article which noted that researchers use open innovation competitions to benchmark their solutions to a particular computational problem, or to generalize their methodologies to instances of the problem for which a solution is unknown. Past examples demonstrate

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Investigating Open Government for Social Innovation

Investigating Open Government for Social Innovation

By • on March 22, 2019

The R&D Management journal posted an article which noted that in recent years, public sector organizations have increasingly focused on citizen contribution by adopting instruments known from open innovation. A more open approach to innovation has become dominant in innovation management during

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Explorer Challenge To Predict Next Big Mineral Deposit in South Australia

Explorer Challenge To Predict Next Big Mineral Deposit in South Australia

By • on March 21, 2019

The Mining.com website reported that energy and resources open innovation platform Unearthed joined forces with Adelaide-based OZ Minerals to launch the Explorer Challenge, a competition that brings together data scientists, geoscientists and mining professionals to create machine learning-based mining

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An End to In-House Innovation

An End to In-House Innovation

By • on March 20, 2019

The Times of Israel website noted that the factors that lead to the growth of this new approach [open innovation] include: the increasing availability and mobility of experts in the field of innovation; the increasing availability of capital; more opportunities for realizing the potential of innovation;

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Open Innovation in Small Towns and Rural Areas

Open Innovation in Small Towns and Rural Areas

By • on March 19, 2019

The Wiley Online Library website posted an article which noted that a growing body of work shows that innovation occurs in peripheral regions and small towns in addition to cities.. Furthermore, work on rural social networks shows that diversity is multidimensional, and that along certain dimensions

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