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Why Some Companies Are Externalizing Breakthrough Innovation

Why Some Companies Are Externalizing Breakthrough Innovation

By • on November 16, 2018

The Irish Tech News website noted that open innovation is well established, but how many companies are prepared to outsource the whole innovation effort? Some companies are already paving the way and reaping the benefits. By now all companies have got the message that effective innovation needs an “ecosystem” of partners. A good innovation ecosystem

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3 Business Models That Could Bring Million-Dollar Cures to Everyone

3 Business Models That Could Bring Million-Dollar Cures to Everyone

By • on November 15, 2018

The Harvard Business Review website noted that product classes with fundamentally new performance profiles can’t be dropped into an existing business model and expected to work. The business model — how value is created, captured, and delivered — needs to be reinvented to support the new proposition. It’s

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Open Innovation Could Be Key Pushing Geothermal Development

Open Innovation Could Be Key Pushing Geothermal Development

By • on November 14, 2018

An article on the ThinkGeoenergy website maintained that open innovation in geothermal might be a key driver of development going forward, noting that the level of collaboration amongst U.S. technologists is extremely low compared to other industries. More is needed to foster collaborative efforts. This

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Open Innovation Hits an Inflection Point

Open Innovation Hits an Inflection Point

By • on November 7, 2018

The PRNewswire website reported that leaders tasked with managing open innovation are dramatically changing how their organizations will compete — and win — in the years to come, according to the State of Open Innovation report. While some organizations view open innovation as a set of activities

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7 Principles of Complete Co-creation

7 Principles of Complete Co-creation

By • on November 2, 2018

The YourStory website noted that traditional top-down business models based on knowledge dominance and mass-market approaches are under pressure from more open, collaborative models that directly and continuously involve customers. In a fast-moving global economy where customers are more digitally connected,

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How to Find Innovation Experts

How to Find Innovation Experts

By • on November 1, 2018

The Inc. website reported that today, corporations and startups can get to know each other on more equal footing through open innovation programs. Open innovation programs typically bring together a diverse mix of partners, startups, and non-competing corporations, whose executive and technical teams

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Open Innovation Model of Coaching Interaction in Organisations

Open Innovation Model of Coaching Interaction in Organisations

By • on October 29, 2018

The MDPI website posted a study which which appeared in the journal Sustainability which observed that organizations need innovation to be competitive and sustainable on their marketplace. Sustainable performance is an important precondition for growth and development. In spite of a body of literature,

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Transformation of Former Power Plant into Innovative Office Building

Transformation of Former Power Plant into Innovative Office Building

By • on October 24, 2018

The Designboom website reported that the architecture firm Atelier van Berlo has transformed a pure, brute, raw and heavy industrial complex in Eindhoven, the Netherlands — in size and volume completely unsuitable for office use — into a comfortable, breathing, spacious, fresh and young work environment. ‘The

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Air Liquide Inaugurates New Paris Innovation Campus

Air Liquide Inaugurates New Paris Innovation Campus

By • on October 23, 2018

The Gasworld website reported that Air Liquide inaugurated its Paris Innovation Campus, its largest R&D center. The fully renovated 15,000 square meter facility with 48 laboratories and pilot platforms illustrates Air Liquide’s open innovation approach, especially on the energy transition and environment,

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LEGO Group Announces New Open Innovation Scheme

LEGO Group Announces New Open Innovation Scheme

By • on October 22, 2018

The BrickFanatics website announced that the LEGO Group is opening up the doors of the Creative Play Lab in a new approach to innovation. For years, the LEGO Group has developed new concepts and innovations behind closed doors. Now, the Billund, Denmark based business has announced “a new strategic

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