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Open Innovation: Research, Practices, and Policies
The California Management Review website posted an article which noted that open innovation is now a widely used concept in academia, business, and policy making. This article describes the state of open innovation at the intersection of research, practice, and policy. It discusses some key trends (e.g., digital transformation), challenges (e.g., uncertainty),
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Henry Chesbrough on Barriers, Success Stories, and Business Unit Support
The Innovation Leader website posted an article in which Henry Chesbrough discusses why the “inside-out” approach is more challenging for most companies; how open innovation is being practiced at companies like Intel, Eli Lilly, Bayer, and United HealthCare; and some of the common barriers to making
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Evotec, Sanofi on Infectious Disease Research Agreement
The Pharmaceutical Business Review website reported that the major drug companies Evotec and Sanofi are in exclusive negotiations to create an infectious disease open innovation research and development platform through a new open innovation platform near Lyon in France. The platform will be led by
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Buffalo Launches Civic Innovation Challenge
The Niagara Frontier Publications website reported that Mayor Byron Brown launched the inaugural Mayor’s Civic Innovation Challenge Powered by AT&T, seeking creative solutions that address social and civic issues impacting Buffalo residents. Competitors will mine data from the city’s
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Putting Humans at the Center of Health Care Innovation
The Harvard Business Review website posted an article on an alternative emerging at healthcare institutions worldwide: human-centered design and co-creation. Patients are co-designers, co-developers, and increasingly more responsible for their own and collective health outcomes. One example of this
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Revolutionary Leadership Ideas
The Forbes Magazine website posted an article, ” Seven Revolutionary Leadership Ideas that Will Change the Way You Run Your Organization.” One of them was from Henry Chesbrough: “Allow unused ideas and technologies to go outside your organization.” This allows you to undertake
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Singapore: Full Throttle on Innovation
The TechWireAsia website reported that Singapore is building an Open Innovation Platform to help businesses find partners to collaborate with. Started by the government, this new platform will pilot a virtual crowd-sourcing platform where companies can list their challenges and see who might come up
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Guild of universities to Help Consolidate Innovation Ecosystems
The Science Business website reported that the Guild of European research-intensive universities is calling for “a bold EU innovation policy” that will increase “the transferability of research results into innovations.” The signatories hope that EU’s next framework program will enable stronger
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Renault Is ready for Autonomous Future
The Automotive News Europe website reported that Renault says the Symbioz, [its newest experimental model] is a rolling test bed for the company’s newest technology. The technology that a vehicle needs to pilot itself safely on a public road is so complex that no one automaker can do it alone. Renault
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BNP Paribas Launches New Investment Fund
The Crowdfunder Insider website reported that BNP Paribas, the global Top-10 bank headquartered in France, announced that it is launching its very own investment fund that dedicated to financial services and insurance. The company noted that with the establishment of this new investment fund, it is
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