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How to Create a Strategic Partnership to Spur Innovation

How to Create a Strategic Partnership to Spur Innovation

By • on August 22, 2018

The Business to Community website noted that just as people are motivated by the company they keep, companies are influenced by the partnerships they embrace. Those hoping to innovate would be wise to look beyond their own walls and form partnerships with universities, startups, and other industry players. Working side by side with smart, innovation-minded

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Establishing Open Innovation Culture in Cluster Initiatives

Establishing Open Innovation Culture in Cluster Initiatives

By • on August 21, 2018

The Science Direct website posted a research paper which studied the performance of firms located in clusters. It examined inbound and outbound open innovation in terms of organizational culture in a geographic cluster. It found that agglomeration effects lead to higher trust and information asymmetries

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Innovation in the Open

Innovation in the Open

By • on August 16, 2018

An article on the Chemistry World website noted a trend in open innovation: rather than drawing start-ups closer to obtain their intellectual property, some firms are shifting to a more collaborative approach. This strategy foresees collaboration agreements, or business support, and subsequent shared

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Digital Strategy to Reimagine Your Business

Digital Strategy to Reimagine Your Business

By • on August 11, 2018

The Innovation Excellence website noted that open innovation can work in many but not all situations. Open innovation is best suited for well-defined problems that can usually be broken into smaller tasks with a clear goal. An ambiguous problem such as “what is the future of banking” is not well-suited

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Involving Experts and Patients to Define Research Missions

Involving Experts and Patients to Define Research Missions

By • on August 10, 2018

The Euroscientist website reported that the Ludwig Boltzmann Gesellschaft (LBG) — a Austrian research organisation located in Vienna — is currently experimenting with Open Innovation in Science to systematically steer missions for their future research groups. Open Innovation in Science has been

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Achieving Success When Partnering With Startups

Achieving Success When Partnering With Startups

By • on August 3, 2018

An article on the Forbes Magazine website reported that a study published last year by The European Academic Network for Open Innovation highlighted the extent of involvement in innovative activities. One of the most popular forms of innovation activity is partnering with startups in some way. The rationale

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Lawson: Dig Deeper into Your Customer Base

Lawson: Dig Deeper into Your Customer Base

By • on July 31, 2018

The Web In Travel website reported that in trying to build a convenience store for the future, Lawson, which has more than 14,000 stores throughout Japan, knew it would have to look outside its own walls and bring in innovation from the outside. When it became increasingly obvious that “innovation

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New Solutions to Defense and Security Challenges

New Solutions to Defense and Security Challenges

By • on July 30, 2018

The Imperial College of London website noted that Dr Lucy Mason, Head of England’s Defense and Security Accelerator (DASA), said: “I am excited to see this new phase in the development of DASA. Our presence at I-HUB gives us access to innovative start-ups and world class academics across a wide

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Revolutionary Thinking in Pharma

Revolutionary Thinking in Pharma

By • on July 23, 2018

The PharmaPhorum website noted that reliance on outmoded operating procedures, outdated infrastructure and ways of working is one of the biggest threats facing pharma companies. To overcome this the Janssen company has established innovation centers in the major science hot-bed cities across the

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High Tech Automotive Campus Helmond and Open Innovation

High Tech Automotive Campus Helmond and Open Innovation

By • on July 20, 2018

The Innovation Origins website reported that the High Tech Automotive Campus Helmond in the Netherlands is a meeting place of more than 600 engineers and researchers, 100 automotive students from different educational levels, and 42 companies and organizations who collaborate on smart, safe, and sustainable

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