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NYC Launches Air Quality Challenge

NYC Launches Air Quality Challenge

By • on June 10, 2019

The Smart Cities World website reported that New York City (NYC) has announced a open innovation challenge for individuals and organisations to come up with innovative ideas and technologies to tackle the negative impacts of urban air pollution and the urban heat island effect. “This open innovation call is exactly the type of effort that is crucial

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Hyundai Expands Its Global Base for Open Innovation

Hyundai Expands Its Global Base for Open Innovation

By • on June 7, 2019

The Yahoo Finance website reported that Hyundai is launching  an open innovation center named M. Cube in Shenzhen, China, a mecca for Chinese start-ups. The open innovation center aims to discover and invest in global start-ups that have new, future-car technologies. M. Cube will be tasked with discovering

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Open Innovation in the Luxury Field

Open Innovation in the Luxury Field

By • on June 6, 2019

The Luxury Institute website noted that only a small minority of brands applies open innovation across the luxury landscape. Frequently, luxury goods and services brands are insular and isolated from the best available external talent. They behave like command-and-control fortresses, protecting themselves

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Understanding the Effects of Social Capital on Social Innovation Ecosystems in Latin America

Understanding the Effects of Social Capital on Social Innovation Ecosystems in Latin America

By • on May 31, 2019

The International Review of Sociology published a study based on the analysis of two pioneering experiences tackling poverty in Latin America: Socialab (from Chile) and Compartamos con Colombia (from Colombia). Both cases are social innovation hubs that promote open innovation processes. Socialab practices

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Open Innovation Labs: How Lockheed Brought Better Security to Fighter Jets

Open Innovation Labs: How Lockheed Brought Better Security to Fighter Jets

By • on May 23, 2019

The DevOps.com website reported that Open Innovation Labs were developed by Red Hat as immersive training grounds to help its enterprise customers figure out how to deliver better software, faster. “By working with the Red Hat Open Innovation Labs team, we changed everything—our toolchain, our

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Absorbing In-Bound Knowledge Within Open Innovation Processes

Absorbing In-Bound Knowledge Within Open Innovation Processes

By • on May 19, 2019

The Emerald Insight website posted a study which investigated the way companies involved in Open Innovation Processes routinize the procedure through which they can absorb in-bound knowledge, using a case study of Fiat Chrysler. In-bound knowledge passes through the phases of acquisition, assimilation,

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What’s Driving the Boom in Early Stage Biotech Funding?

What’s Driving the Boom in Early Stage Biotech Funding?

By • on May 3, 2019

The LabTech website noted that J&J Innovation is one of the many investors that are turning their gaze to the promise of early-stage research.  J&J Innovation is following a strategy focusing on supporting ‘open innovation’, an approach that they believe could work where the traditional

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The Pioneer Trail Towards Open Innovation

The Pioneer Trail Towards Open Innovation

By • on May 1, 2019

The 150SEC.com website reported that the Vienna based startup incubator, Pioneers, is holding its annual flagship event, Pioneers 2019, in the Austrian capital from May 9th-10th.  The theme for the two-day event is open innovation. A global community of selected startups, executives and investors join

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Wenco, Hitachi Announce Open Ecosystem for Autonomous Mining

Wenco, Hitachi Announce Open Ecosystem for Autonomous Mining

By • on April 29, 2019

The Robot Report website reported that Hitachi Construction Machinery Co. announced its vision for autonomous mining — an open, interoperable ecosystem of partners that integrate their systems alongside existing mine “Open innovation is the guiding technological philosophy for Solution Linkage,”

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Igniting Innovation in the Determatology Industry

Igniting Innovation in the Determatology Industry

By • on April 25, 2019

The Asian Scientist website reported on how Good Pharma Dermatology benefited from open innovation in an interview with its founder, Jason Humphries. “We started looking for products that we could develop into full-fledged brands for commercialization, and we saw the importance of working with

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