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SME’s Pump More Money into R&D

SME’s Pump More Money into R&D

By • on October 4, 2017

The Straits Times website reported that to sustain economic momentum, the Singapore Government renewed its five-year $19 billion research fund in January last year (2016). The sixth Research Innovation and Enterprise  road map – 1 per cent of the nation’s gross domestic product – will see R&D investments in sustainable energy,

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The Inverted U-Curve of Open Innovation

The Inverted U-Curve of Open Innovation

By • on October 3, 2017

MDPI posted a study on the relationship between open innovation and firm performance. This study revealed several pieces of evidence about the various complex relationships between open innovation and business performance, from a game of life simulation, mathematical modeling and simulation, an aircraft

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Open Innovation 2.0 Conference

Open Innovation 2.0 Conference

By • on October 2, 2017

The European Data Portal website reported that an Open Innovation 2.0 Conference was held on June 13-15 in Cluj-Napoca, Romania. The conference brought together innovation experts, policy-makers, academic scholars, practitioners and interested individuals dealing with innovation and entrepreneurship.

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Unlocking the Commercial Potential of SynBio

Unlocking the Commercial Potential of SynBio

By • on September 29, 2017

The European Pharmaceutical Review website noted that the volume of ongoing work to link breakthroughs in basic synthetic biology with promising applications underscores its considerable potential to generate both transformative tools and products. Open innovation will be increasingly important in turning

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New York City Fuels FinTech Innovation

New York City Fuels FinTech Innovation

By • on September 27, 2017

The Baseline website reported that an open innovation framework established by the Partnership for New York City, Accenture and financial institutions spurs tech advances and economic gains. For most business and IT executives, today’s furious rate of technology change represents both opportunities

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Fueling Small Business Success Through Innovation

Fueling Small Business Success Through Innovation

By • on September 26, 2017

An article on the Nasdaq website noted that small businesses are nimble and bold and can often teach much larger companies a thing or two about innovations that can change entire industries. It went on to note that businesses have a variety of strategy options when it comes to the different types of

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Build Palestine Organizes Solve-A-Thon

Build Palestine Organizes Solve-A-Thon

By • on September 21, 2017

The Palestine News Network website reported that Build Palestine, a social enterprise based in Ramallah, in partnership with MIT SOLVE organized a solve-a-thon which aims to solve one of the world’s most challenging problems through open-innovation and partnership. The project tackled the challenge

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First Petrochemicals Complex in Vietnam

First Petrochemicals Complex in Vietnam

By • on September 20, 2017

The Vietnamnet website reported that the Siam Cement Group (SCG),  the second largest company in Thailand, has recently approved investment in the first petrochemicals complex in Vietnam, Long Son Petrochemicals, with a 71 per cent stake and investment of $5.4 billion, with the Vietnam Oil and Gas Group

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Students’ Ideas Adopted by U.S. Intel Agency

Students’ Ideas Adopted by U.S. Intel Agency

By • on September 19, 2017

The Loudoun Times website reported that a team of students from Loudoun County’s (Va) Academy of Science is turning its ideas into real-world solutions after impressing the National Geospatial-Intelligence Agency (NGA) and the U.S. Army Geospatial Research Lab (GRL). After impressing the NGA,

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Make Japan Inc. Great Again

Make Japan Inc. Great Again

By • on September 13, 2017

The JapanTimes website noted that while Apple, Google and Facebook “openly innovate,” traditional Japanese firms still conduct research and development behind closed doors. The main reason Japan lacks “open innovation” is the nation’s HR systems, which promote employees based on age rather

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