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Open Innovation vs. Closed Innovation

Open Innovation vs. Closed Innovation

By • on February 4, 2017

The Garwood Center for Corporate Innovation posted a blog which noted that while PARC was focusing on the internally focused Closed Innovation paradigm, the greatest technological achievements that emerged from PARC, by contrast, could only take root – and create real economic value – when pursued in a far different context, a context of Open Innovation.

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The Open Innovation Academy

The Open Innovation Academy

By • on February 1, 2017

A post on LinkedIn discussed the Open Innovation Academy. The academy is a growth platform and neutral ground for partner organizations and individuals who want to learn about and implement open innovation. Part of the assignment for the academy is to do research into good practices and develops insights

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Overcoming the Corporate Immune System

Overcoming the Corporate Immune System

By • on January 24, 2017

The SAP website noted that business model innovation is a real challenge for larger organizations because they generally have one or more viable models and are therefore focused primarily on economies of scale for them. This protects and optimizes existing business models, but it also leads to structures,

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Crowdsourcing Gone Wrong

Crowdsourcing Gone Wrong

By • on January 10, 2017

The Harvard Business Review website posted an article which noted that “For those who believe in the promise of open innovation, the 2009 startup Quirky was an exceptionally exciting company. Yet, in September 2015, Quirky went bankrupt. As proponents of open innovation, we have examined Quirky’s

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Solix Joins the Berkeley Innovation Forum

Solix Joins the Berkeley Innovation Forum

By • on January 9, 2017

The PRweb website reported that Solix Technologies, Inc., a leading big data application provider for empowering data-driven enterprises, has announced its membership to the Berkeley Innovation Forum, an exclusive, invitation-only group for leading executives who are deeply involved in managing innovation

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Open Innovation: a Key Driver of Societe Generale

Open Innovation: a Key Driver of Societe Generale

By • on January 6, 2017

Societe Generale‘s website reported on the bank’s outlook: “The digital era is changing how the Bank innovates: from ‘product’-oriented innovation to a relationship-focused innovation based on the customer experience, from inward innovation to open innovation in order

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Wanted: Bright Ideas for Farming’s Future

Wanted: Bright Ideas for Farming’s Future

By • on January 5, 2017

The Scottish Farmer website reported that the Rothamsted Open Innovation Forum, a British agri-research center, is seeking to bring together innovators, researchers and investors to turn bright ideas into reality to help farming meet the challenges of the future. “Open Innovation has delivered real

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Siemens to Host Young Researchers Competition

Siemens to Host Young Researchers Competition

By • on December 30, 2016

The DotMed website reported that Siemens, together with the Stiftung Jugend forscht, will host Germany’s best-known youth researchers competition in Erlangen, Germany, on May 25-28, 2017.  Joe Kaeser, Siemens President and CEO, said that the conference brings together the brightest young people

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Need a Breakthrough? Offer Prize Money!

Need a Breakthrough? Offer Prize Money!

By • on December 29, 2016

The Wall Street Journal website noted that, stumped for solutions to hundreds of industrial and technical problems, businesses and governments alike are turning the search for innovative ideas into prize-worthy puzzles that capitalize on the ingenuity of the crowd. These incentive competitions are part

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Build the Right Partnerships

Build the Right Partnerships

By • on December 27, 2016

The Finenews.Asia website reported that Amid the ever widening new field of innovation management, success centres on a fundamental change in the roles of business partners and the way they interact. We can now even speak of ‘open innovation’ processes, which could prove to be revolutionary. While

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