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Electrolux and Partners Wrap Up Sustainability-Focused Year of Innovation
The Market Screener website reported that after a 12-month process, Electrolux has concluded its first sustainability-focused open innovation program with all five partners delivering feasible business solutions to take forward. The open innovation ‘Booster Program’ was launched in 2018 to find cutting-edge solutions from external players
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Sustainability of Cluster Organizations as Open Innovation Intermediaries
The MDPI website posted a study whose purpose is to identify the most important open innovation practices used by cluster organizations (COs). The paper introduces the potential sustainability-related implications of open innovation adoption in cluster organizations. The study demonstrates that cluster
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“Corporate Startup Stars” Awarded to Telefonica for its Support of Entrepreneurship through Wayra
The WebWire website reported that for the fifth consecutive year, the “Corporate Startup Stars” awards have been held to recognize companies that stand out for their support of entrepreneurship. Startups around the world are invited to nominate corporations with the most active strategies for open
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Hyundai Group Invites Entries for 2020 Start-up Accelerator Program
The Autocar Professional website reported that the Hyundai Motor Group has announced its 2020 ZER01NE Accelerator, an open innovation platform that facilitates collaboration among start-ups and the Group’s internal teams on various projects. This program, according to Hyundai, “discovers valued
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Innovation and Infrastructure in Limerick
An article on the Ulir website about the Irish city of Limerick noted that present-day energy infrastructure is still reliant on carbon-based fuels and we now know that this must change. What replaces carbon-based fuels is the question being explored in Limerick. A collaborative operating structure supports
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Fostering Business Innovation with the Lloyd’s Register Safety Accelerator
The Lloyd’s Register website reported that the Lloyd’s Register Safety Accelerator, which has shown time and again that having open innovation firmly rooted in a company brings about radical change. Teams that get the best results are those that are curious and open to new knowledge, rather than
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SmartCityX Program Launched by the Venture Firm Scrum Ventures
The KoreaTechDesk website noted that by 2050, 66% of the world’s population is expected to live in urban areas. To meet the challenges of the population’s demand for sufficient supplies of essential resources, a safer environment, sustainable infrastructure, there is an evident need to develop well-planned
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Johnson & Johnson Invests in China for Healthcare Innovation
The China Economic Net website reported that global healthcare giant Johnson & Johnson has vowed to further promote an innovation strategy to support China and the world to fight the pandemic and advance the development of public health. With a number of innovative products, technologies and solutions
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Open Innovation Initiatives to Tackle COVID-19 Crises
The IEEE Xplore website noted that big data and analytics played an important role for open innovation during the pandemic. Sharing data and transferring knowledge between governments, laboratories and research centers helped us to understand the unpredictable spread of COVID-19. This paper explores
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Evolving a Value Chain to an Open Innovation Ecosystem
The California Management Review posted an article which noted that while open innovation ecosystems allow a firm to harness external sources of value creation, these external ties can also constrain its ability to adapt its innovation strategy to pursue new opportunities. This article looks at how an
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