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How Houston’s Startup Community Can Teach the Fortune 500
The Biz Journals website noted that companies that embrace open innovation and remove boundaries to share knowledge are able to bolster their technology offerings to keep pace with the changes happening in their industries. By partnering with startups, Fortune 500 companies can evaluate new partners and opportunities to quickly and flexibly develop
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Lilly Launches ‘Innovation Challenge’
The Insideindianabusiness site reported that Eli Lilly and Co. has launched what it calls an open innovation challenge asking researchers nationwide to submit innovative digital health solutions to inform inflammatory bowel disease care. Lilly says the finalist who submits the winning idea will win $50,000.
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Why IBM is Embracing, Expanding Open Hardware Ecosystem
In an article on the WRALTechWire site Ken King, General Manager of OpenPOWER at IBM, said “We see a growing need for hardware designed and optimized to move data quickly between resources. For IBM Power Systems, we believe the key to designing and delivering such hardware is open innovation—up
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The Role of Sequential Coherence in Open Innovation:
The International Conference on Business Research posted a study which noted that open innovation does not always increase innovation performance. Extant literature provides inconsistent and inconclusive arguments in respect of the relationship between open innovation practices and innovation performance.
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Employee-Level Open Innovation in Emerging Markets
The Springer site posted a study which examines whether firms in an emergent market can strategically deploy the appropriate managerial resources to help their employees leverage internal and external knowledge sources into innovative output. The study’s theoretical approach highlights the microfoundations
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Trade Secrets and Trade Secret Asset Management
The JDSupra site noted that open innovation can take many forms. It can include working with universities, cooperating closely with key suppliers and vendors, collaborating with application developers, content providers, technology house and design houses, working with various communities including ‘open’
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Leveraging an Open Innovation Portal to Build an Innovation Ecosystem
The yet2 site reported that Mondeléz International, the snack food and beverage manufacturer, has two separate open innovation portals that play a key role in the company’s strategic initiative and mission to empower people to snack right. These portals also serve as vital components in the company’s
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Horizontal Open Innovation
An study on the Academy of Management site noted that a key contribution of the open innovation literature is the notion that firms need to access outside sources of ideas and complementary assets. A literature has blossomed that details a variety of open innovation modes. But emergent phenomena, including
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How to Destroy Innovation Silos
An article on the Innovation Excellence site noted that participatory innovation networks, healthcare organizations and doctors seem to shun outside ideas and collaboration and are perceived as arrogant know-it-alls, stuck in the ivory tower or healthcare city when it comes to knowing what’s best for
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Cities Can Change The Game In Brazil
An article on the Forbes site noted that in Brazil “the private sector is open to good ideas and companies present in Brazil are getting organized to integrate more efficiently with the innovation ecosystem. Open innovation is a key pillar of the ongoing digital revolution, but even outside Brazil,
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