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Sanofi Announces AfricaTech 2020 Challenge
The Guardian website reported that Sanofi, a global biopharmaceutical company, is calling on technology entrepreneurs and startups in Nigeria to participate in its 2020 AfricaTech Challenge. AfricaTech is a lab to encourage open innovation by African technology startups. The AfricaTech Challenge initiative is part of Sanofi’s strategy to promote
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Mars Creates Internal Incubator Program for Brand Launches
The MarketingWeek website reported that the Mars company is creating an internal incubator unit, known as the New Venture Studio, to make sure it stays relevant and innovative in the way it creates and launches brands. The launch comes after the success of the company’s Launchpad open innovation platform,
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What Can Open Innovation Be Used For And How Does It Create Value?
The Danish National Research Database website reported on a study which investigated the purposes for which public sector organizations use open innovation, and how it creates value. The research question is answered through a systematic literature review
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Collaboration Over Competition: How Companies Benefit from Open Innovation
The DevOps website noted that breaking down barriers and overcoming the predisposition toward secrets is the only way to cultivate a collaborative environment. Ultimately, this effort begins in the boardroom. Once a large company has executive buy-in, the idea will begin to trickle from the top down,
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An Open Innovation Project Typology of Exploration and Exploitation
The Springer website posted a study which first appeared in the Journal of the Knowledge Economy which noted that before engaging in how firms can embrace different forms of OI activities simultaneously, there is a need to reassess how OI research approaches the idea of exploiting current capabilities
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Innovation Platform STARTUP AUTOBAHN Presents 40 New Pilot Projects – Powered by Plug and Play Tech Center
The AutoChannel website reported that STARTUP AUTOBAHN, the open innovation platform powered by Silicon Valley’s Investor Plug and Play Tech Center is approaching the finale of their seventh program round. To highlight the work developed in the program, 27 startups from around the world showcased the
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Knowledge Risk Management During Implementation of Open Innovation
In a chapter from the book Knowledge Risk Management Serdal Temel and Wim Vanhaverbeke (left) write: “The aim of this chapter, while explaining the importance of open innovation and the successful implementation results, is also to explain the risks that companies face in the implementation of
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Vshaper Set To Launch 5-Axis 3D Printer Using Open Innovation
The 3D Printing Industry website reported that the printing company Vshaper launched an open innovation program to aid in the development of its planned new product the 5AX 3D printer. Explaining the reasoning behind the program, Tomasz Szymański, the founder and CEO of Vshaper, stated: “The conceptual
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6 Ways legacy Companies Can Become Digital Disruptors
The CIO Review website reported that one ways of becoming a digital disruptor is by broadening your innovation channels which can help deliver bigger and better ideas. Take Procter and Gamble. In the early 2000s, P&G made an aggressive shift toward open innovation by amplifying the innovation of
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Innovation Policy Instruments Through the Lens of Open Innovation
The Revistes website at the University of Barcelona posted a study originally published in the Journal of Evolutionary Studies in Business which examines the degree to which existing public innovation policies promote open innovation by companies. The results show that innovation policies in Spanish
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