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The Purchasing Innovation Function, an Interface Player in Open Innovation

The Purchasing Innovation Function, an Interface Player in Open Innovation

By • on November 19, 2019

The HAL website reported that the benefits of Open Innovation, and specifically of innovation coming from suppliers, are widely emphasized by the literature. In parallel, the difficulties of implementing such approaches are also underlined, and the necessity of creating new roles is emphasized for managing the interface and intermediation between internal

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A New Approach for Detecting Open Innovation in Patents

A New Approach for Detecting Open Innovation in Patents

By • on November 17, 2019

The Springer website posted an article from The Journal of Technology Transfer which discusses to what extent open innovation is utilized in R&D departments by using patents as a main source. The paper adopts the “designation of the inventor” as a new method for detecting open or closed innovation,

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A Theory of Resource Openness

A Theory of Resource Openness

By • on November 14, 2019

The Researchgate website posted a research paper which noted that many firms have opened once proprietary  information resources (e.g., digital content, code, and APIs) to public use via the Internet. Such open strategies challenge traditional resource-level theories that suggest protecting such resources

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How to make IoT in business work for you

How to make IoT in business work for you

By • on November 4, 2019

The Ericsson website noted that finding a business model that secures your enterprise’s future and enables a competitive advantage requires thinking out of the box. Within the Internet of Things (IoT), the mass deployment of sensors and high-resolution data enables new business models for industries

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The Relationship Between Open Innovation and Crowdsourcing

The Relationship Between Open Innovation and Crowdsourcing

By • on November 1, 2019

The Researchgate website posted an article which noted that there are two important differences between open innovation and crowdsourcing. First, the knowledge inflows/outflows of open innovation often take place between parties with ex ante contracts or other commitments. For example, technology alliances,

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Japan’s Healthcare Innovation

Japan’s Healthcare Innovation

By • on October 31, 2019

The Gulf News website reported that the top ten Japanese pharmaceutical firms have established open innovation initiatives that extend beyond the typical pharma remit, encompassing new digital health services and medical devices. Similarly, medical device manufacturers like Olympus, Konica Minolta, Terumo

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Tech to Protect Challenge

Tech to Protect Challenge

By • on October 30, 2019

The City College of New York (CUNY) website reported that The Grove School of Engineering at CUNY is a regional co-sponsor and host of the New York City Tech to Protect Challenge, a national open innovation contest designed to help emergency responders—including EMS, firefighters, and law enforcement—meet

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In Search of Disruptive Ideas

In Search of Disruptive Ideas

By • on October 26, 2019

The InsideScienceOnline website noted that the key challenge for data science in open innovation web systems is to find best ideas among thousands of community submissions. To date, this has been done with metrics reflecting enterprise needs or community preferences. This article proposes to look in

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NASA Space App Challenge 2019

NASA Space App Challenge 2019

By • on October 24, 2019

The Fossbytes website reported that the NASA Space App Challenge 2019 is an open innovation and incubation program. It’s meant to publicly share data to come up with some unique and meaningful solutions to several problems related to space and on Earth. A NASA spokesperson noted, “We usually see

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How Open Innovation Can Sharpen Competitive Edge

How Open Innovation Can Sharpen Competitive Edge

By • on October 23, 2019

The Economic Times website website reported that business innovation, no longer confined to corporate R&D labs, is increasingly the results of collaborative efforts between business partners that interact, exchange knowledge and information and share standards and infrastructure. This shift towards

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