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Open Banking: Evolve Or Be Left Behind

Open Banking: Evolve Or Be Left Behind

By • on November 15, 2017

The World Finance website noted that open innovation ascertains that companies need to become less insular and look beyond their own house to cultivate new innovations that will grow their business and enhance their services for end-users. Henry Chesbrough’s philosophy is based on the central idea that knowledge is not exclusive to a single entity,

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Almirall Introduces Open Innovation Platform

Almirall Introduces Open Innovation Platform

By • on November 9, 2017

The Medical News website reported that Almirall has launched AlmirallShare, an open innovation platform designed to facilitate the establishment of collaborations in dermatological research and find innovative solutions in skin health. An Almirall officer said, “Our R&D strategy is based on

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Hyperloop One Global Challenge Demonstrates Power of OI

Hyperloop One Global Challenge Demonstrates Power of OI

By • on November 2, 2017

The Business Insider website announced the winners of its Hyperloop One Global Challenge to identify the strongest new Hyperloop routes in the world. Hyperloop is an innovative new transportation system. “The results of the Hyperloop One Global Challenge far exceeded our expectations,” said

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Sustainable Innovation Questions Answered

Sustainable Innovation Questions Answered

By • on November 1, 2017

The Edie.net website posted answers to questions about sustainable innovation. Here is one question and answer. “What kind of innovation would you advise a government in a developing country to adopt in reforming its waste management sector?” “Have a look at Open Innovation (OI) processes,

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Partnership Creates an Open Innovation Culture

Partnership Creates an Open Innovation Culture

By • on October 30, 2017

The Drum website reported that Publicis Communications will aim to scale its client offering through a new partnership with the innovation hub Plexal. Guy Wieynk of Publicis said,“We want to be able to work with more startups as it was clear that there was no way that companies were able to answer

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United Technologies Launches Technology Lab in India

United Technologies Launches Technology Lab in India

By • on October 27, 2017

The News Minute website reported that the U.S. conglomerate United Technologies (UT) has entered into a strategic agreement with the Indian startup T-Hub to launch an advanced emerging technologies laboratory in Hyderabad. UT recognizes that all innovations cannot be done internally and is collaborating

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AkzoNobel Launches Open Innovation Challenge

AkzoNobel Launches Open Innovation Challenge

By • on October 26, 2017

The Bio-Based World News website reported that the major chemical company AkzoNobel has launched Imagine Chemistry, an open innovation challenge aimed at start-ups and chemistry professionals to find new opportunities for innovation and sustainable growth. This is a platform to provide a head start to

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Yara and SINTEF Establish Innovation Hub

Yara and SINTEF Establish Innovation Hub

By • on October 24, 2017

The WebWire website reported that next generation fertilizer, new sensor technologies and the establishment of a new innovation hub are key elements in the new partnership agreement between the companies SINTEF and Yara. “Yara needs to find new ways to meet the future requirements for fertilizer production,

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How Innovation Can Solve Society’s Problems

How Innovation Can Solve Society’s Problems

By • on October 13, 2017

The SwissInfo website noted that there are more and more problems in the world where open innovation is the only strategy that works. For example, without open science, CERN wouldn’t be able to process the massive amount of data coming out of the Large Hadron Collider. Today, open innovation usually

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Henry Ford’s Model of ‘Change’

Henry Ford’s Model of ‘Change’

By • on October 12, 2017

The SCMP website noted that open innovation is a solution that can benefit all types of businesses. It can help multinationals that welcome startups, university students and eco-system businesses into their fold to assist in improving processes, rethinking services, products and customer interaction.

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