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An Open Innovation Project Typology of Exploration and Exploitation
The Springer website posted a study which first appeared in the Journal of the Knowledge Economy which noted that before engaging in how firms can embrace different forms of OI activities simultaneously, there is a need to reassess how OI research approaches the idea of exploiting current capabilities and simultaneously exploring fundamentally new competencies.
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Innovation Platform STARTUP AUTOBAHN Presents 40 New Pilot Projects – Powered by Plug and Play Tech Center
The AutoChannel website reported that STARTUP AUTOBAHN, the open innovation platform powered by Silicon Valley’s Investor Plug and Play Tech Center is approaching the finale of their seventh program round. To highlight the work developed in the program, 27 startups from around the world showcased the
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Knowledge Risk Management During Implementation of Open Innovation
In a chapter from the book Knowledge Risk Management Serdal Temel and Wim Vanhaverbeke (left) write: “The aim of this chapter, while explaining the importance of open innovation and the successful implementation results, is also to explain the risks that companies face in the implementation of
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Vshaper Set To Launch 5-Axis 3D Printer Using Open Innovation
The 3D Printing Industry website reported that the printing company Vshaper launched an open innovation program to aid in the development of its planned new product the 5AX 3D printer. Explaining the reasoning behind the program, Tomasz Szymański, the founder and CEO of Vshaper, stated: “The conceptual
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6 Ways legacy Companies Can Become Digital Disruptors
The CIO Review website reported that one ways of becoming a digital disruptor is by broadening your innovation channels which can help deliver bigger and better ideas. Take Procter and Gamble. In the early 2000s, P&G made an aggressive shift toward open innovation by amplifying the innovation of
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Innovation Policy Instruments Through the Lens of Open Innovation
The Revistes website at the University of Barcelona posted a study originally published in the Journal of Evolutionary Studies in Business which examines the degree to which existing public innovation policies promote open innovation by companies. The results show that innovation policies in Spanish
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Sustainable Open Innovation Lessons from Carlsberg and the Green Fiber Bottle
The Emerald Insight website posted a study byMarcel Bogers, Henry Chesbrough, and Robert Strand which describes the case of how the Danish beer manufacturer, Carlsberg, developed the Green Fiber Bottle as part of its sustainability program through an open innovation approach. It illustrates how
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Why Large And Powerful Companies Embrace Open Innovation
The Forbes website posted an interview with Lawrence Cruz, Chief Patent Counsel at Conair Corporation who said “When someone calls with an idea, I treat them as important as the next person. Everyone’s important and everyone’s idea is a good one. I think that’s the way you need to do business
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Is Open Innovation Key for the Future of Connected Vehicles?
In an article on innovation in the auto industry, the TechHQ website noted that navigating the maze of technological complexity will require carmakers to look to a more joined-up approach, not just in terms of the software they are building, but in the industry they are operating in. The path to an end-to-end
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How to Capture All the Advantages of Open Innovation
The Harvard Business Review website published an interview with Henry Chesbrough which noted that the practice of open innovation is now widespread. But there’s a problem. While innovation has increased exponentially, particularly in the tech sector, broader productivity and income levels have been
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