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Data for Climate Action Challenge

Data for Climate Action Challenge

By • on April 7, 2017

The BusinessWire website reported that Global Pulse, the UN innovation initiative on big data, and Western Digital Corporation, a global leader in data storage technologies and solutions, have launched a “Data for Climate Action” challenge.  Data for Climate Action is an unprecedented open innovation challenge to harness data science and big data

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Google’s Open Innovation

Google’s Open Innovation

By • on April 6, 2017

The IPWatchdog website discussed innovation at Apple and at Google, noting that Apple has long utilized a business model with a heavy focus on research and development, investing in innovation to improve its successful consumer electronics products, obtaining patents and then dominating an entire sector.

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Fashion’s TheCurrent Pushes Open Innovation

Fashion’s TheCurrent Pushes Open Innovation

By • on April 5, 2017

The website WWD reported that the new fashion firm TheCurrent’s mission is to gather retail and brand leaders around the world through an open-innovation environment to help companies cut down on their research and development costs while they discuss and create cutting-edge solutions to help firms

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Trust Embeddedness Within an Open Innovation Mindset

Trust Embeddedness Within an Open Innovation Mindset

By • on April 4, 2017

The RMIT website posted an article which explores the role of trust under the prism of open innovation. There is a vast discussion about open innovation and the need for collaboration and knowledge sharing; however, in the process of building up an open and innovative organization, trust does not yet

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Open Innovation Challenge for External Innovators

Open Innovation Challenge for External Innovators

By • on April 3, 2017

The Renewablepackaging website reported that Stora Enso invited international teams of scientists, developers, and designers to look for new ways to tell the story of their sustainable products. Co-operation with startups has an increasingly important role in innovating both new technologies and business

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Crowdsourcing Is the New Black

Crowdsourcing Is the New Black

By • on March 31, 2017

The ITWeb website noted that when it comes to innovation, tapping into the collective intelligence appears to be the way forward. Companies that are able to harness the potential of crowdsourcing and open innovation set themselves up for immense opportunity and possibly even becoming industry leaders.

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How to Connect IP Management to Open Innovation

How to Connect IP Management to Open Innovation

By • on March 24, 2017

A blog on the Garfield Center for Corporate Innovation website noted that in the earliest phase of the technology lifecycle, it pays to be very open.  Neither you nor others know yet the best use of a particular technology, and no one has an appropriate business model to commercialize any applications

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European Companies Engage with Startups to Innovate

European Companies Engage with Startups to Innovate

By • on March 23, 2017

The Betanews website noted that a new report by Samsung, “The Open Economy,” showed that businesses are changing the way they’re innovating and are focusing on bringing in and collaborating with young and inspiring start-ups. Almost all European corporations surveyed (97 percent) have carefully

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Platforms, Open/User Innovation, and Ecosystems

Platforms, Open/User Innovation, and Ecosystems

By • on March 22, 2017

The Harvard Business School website posted an article which noted that platform, open/user innovation, and ecosystem strategies embrace and enable interactions with external entities. Firms pursuing these approaches change how they conduct business and interact with their environments. This paper considers

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What is Open Innovation?

What is Open Innovation?

By • on March 20, 2017

MalayMailOnline noted that another approach to innovation is looking beyond the company’s boundaries. This approach is particularly relevant to SMEs with limited resources and unable to rely on their own R&D, where the SMEs can leverage external knowledge and bring it into their business to create

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