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Scrum Ventures Expands SmartCityX Program with the Addition of Five New Partners

Scrum Ventures Expands SmartCityX Program with the Addition of Five New Partners

By • on January 18, 2021

The Cision website reported that Scrum Ventures announced that it has expanded its partner companies for SmartCityX, a global open innovation program focused on bringing a diverse mix of stage-agnostic startups together along with some of the most iconic Japanese corporations and industry thought-leaders to better restore the vibrancy, appeal, and hope

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Korean Firms Repurpose FDA-approved Drug for Rheumatoid Arthritis Treatment

Korean Firms Repurpose FDA-approved Drug for Rheumatoid Arthritis Treatment

By • on January 15, 2021

The BioSpectrum website reported that Standigm Inc, an artificial intelligence-based drug discovery company and SK Chemicals Co, Ltd, a life science and green chemicals company have announced that they have successfully found a new rheumatoid arthritis indication for an FDA-approved drug and have filed

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Rainmaking To Accelerate Its Open Innovation Platform In 2021 To Tackle Decarbonization

Rainmaking To Accelerate Its Open Innovation Platform In 2021 To Tackle Decarbonization

By • on January 13, 2021

The Hellenic Shipping News website reported that Rainmaking, a global venture development firm, is seeking to accelerate its cross-industry, open innovation platform to tackle maritime decarbonization and supply chain resilience in 2021. Rainmaking Transport’s open innovation platform first set up

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Open Innovation in Drug Development

Open Innovation in Drug Development

By • on December 28, 2020

The Express Pharma website reported that the complexities involved in commercializing any new drug has led pharma companies to adopt a more open, collaborative approach for their research and development processes. There are several advantages to introducing open innovation for the drug creation process.

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Shanghai Encourages Foreign R&D Centers

Shanghai Encourages Foreign R&D Centers

By • on December 24, 2020

According to the China Briefing website, Shanghai has a big lead in attracting foreign R&D centers compared to other Chinese cities.  763 regional headquarters of multinational corporations have been set up in Shanghai, as well as 477 foreign R&D centers, one-third of which were set up by Fortune

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Singapore Fintech Festival a Success

Singapore Fintech Festival a Success

By • on December 23, 2020

The Fintech Times  reported that the Singapore Fintech Festival attracted 60,000 participants from over 160 countries. A number of open innovation challenges were reported.  The Food Waste National Innovation Challenge was launched by the National Environment Agency to address the sustainable and automated

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DuPont Nutrition & Biosciences Investing in the Future of Food

DuPont Nutrition & Biosciences Investing in the Future of Food

By • on December 22, 2020

The Dairy Reporter website reported that DuPont Nutrition & Biosciences is accelerating its open innovation strategy to prepare food and beverage manufacturers for fast-developing trends and change. The short-list of start-up partners for 2021 has already been drawn up. By the middle of next year,

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Electrolux and Partners Wrap Up Sustainability-Focused Year of Innovation

Electrolux and Partners Wrap Up Sustainability-Focused Year of Innovation

By • on December 21, 2020

The Market Screener website reported that after a 12-month process, Electrolux has concluded its first sustainability-focused open innovation program with all five partners delivering feasible business solutions to take forward. The open innovation ‘Booster Program’ was launched in 2018 to

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“Corporate Startup Stars” Awarded to Telefonica  for its Support of Entrepreneurship through Wayra

“Corporate Startup Stars” Awarded to Telefonica for its Support of Entrepreneurship through Wayra

By • on December 17, 2020

The WebWire website reported that for the fifth consecutive year, the “Corporate Startup Stars” awards have been held to recognize companies that stand out for their support of entrepreneurship. Startups around the world are invited to nominate corporations with the most active strategies for open

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Hyundai Group Invites Entries for 2020 Start-up Accelerator Program

Hyundai Group Invites Entries for 2020 Start-up Accelerator Program

By • on December 15, 2020

The Autocar Professional website reported that the Hyundai Motor Group has announced its 2020 ZER01NE Accelerator, an open innovation platform that facilitates collaboration among start-ups and the Group’s internal teams on various projects. This program, according to Hyundai, “discovers valued

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