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Open Innovation: The Strongest Catalyzing Force in Healthcare
The InVenture website reported that Open Innovation, the power of collaboration between startups and larger organizations, will be a key theme at this year’s Health.Pioneers conference in Vienna on October 10. With Open Innovation at the heart of the event’s philosophy, Health.Pioneers is bringing together innovators and decision-makers from the
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Openness and Innovativeness Across the Value Chain
The Leiden University website posted a study which noted that the Open Innovation concept has pervaded the academic and policy debate, due to its potential to further stimulate the circulation of knowledge across business partners and institutions and, consequently, to increase their innovation potential.
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LG Collaboration with Google, Amazon = New Biz
The Investor website reported that LG Electronics, a passionate advocate of artificial intelligence, believes open cooperation with top AI players like Google and Amazon will help the device manufacturer gather data better and make it a strong AI player. LG is accelerating its transformation from a
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World’s Biggest Open Innovation Model: ‘Smart India Hackathon- 2019’
The Daraya News website reported that The third edition of World’s Biggest Open Innovation Model – Smart India Hackathon 2019 (SIH-2019) was launched in New Delhi recently. SIH-2019 is a nationwide initiative to provide students a platform to solve some of the pressing problems we face in
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Time to Light a Fire: Building a Culture of Innovation
The Industry Week website posted an article which stated “Think outside your company’s walls. As R&D continues to grow within the private sector, companies will be better suited by opening doors to outside expertise. Open-source coding is revolutionizing the software industry; similarly,
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How Suppliers & Foundries Can Advance Technology Together
The Foundry Planet website noted that by opening their innovation processes to their customers and suppliers as well as to start-ups and research institutes, companies are able to gain faster access to user requirements, expert knowhow and new technologies. In 2016, the management consultancy Staufen
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Leveraging Open Innovation through Paradox
The Wiley Online Library website posted the abstract of an article which proposes to shift the conceptual frame from looking at the tensions between control and openness in the open innovation process as problems to looking at them as synergies. Drawing on the literature of open innovation and organizational
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Tokyo Gas Innovation Group Builds Presence on U.S. East Coast
The Markets Insider website reported that in early 2017, Tokyo Gas implemented an open innovation strategy and began establishing company outposts in leading innovation hubs around the world. Planting roots in new locations including Menlo Park, CA, and Boston, MA, is an effort to better connect Tokyo
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Colleges Must Throw Open the Gates
The Atlanta Journal Constitution website posted an article which stresses the importance of rethinking current higher education practices by encouraging a more open culture that values partnerships and embraces innovation. It is essential that colleges and universities embrace a new era, grounded in
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8 Open Innovation Prize Recipients: Where They Are Now
The Luminary Labs website noted that while the explicit purpose of an open innovation competition is to surface a winner, success can extend far beyond the timeline of the challenge. After conducting a survey of prize recipients, we have found that almost all (92%) of teams continued developing their
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