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First Petrochemicals Complex in Vietnam

First Petrochemicals Complex in Vietnam

By • on September 20, 2017

The Vietnamnet website reported that the Siam Cement Group (SCG),  the second largest company in Thailand, has recently approved investment in the first petrochemicals complex in Vietnam, Long Son Petrochemicals, with a 71 per cent stake and investment of $5.4 billion, with the Vietnam Oil and Gas Group (PetroVietnam). SCG recently unveiled its “Open

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Europe has Untapped Medical Innovation

Europe has Untapped Medical Innovation

By • on September 6, 2017

The PharmaPhorum website noted that the ‘open innovation’ strategy is being pursued by all the big pharma companies – and now it’s simply a matter of who executes best on this approach. This is one of the boldest efforts in big pharma to create relationships with entrepreneurs, scientists and

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MIT’s 2017 Global Challenges

MIT’s 2017 Global Challenges

By • on September 4, 2017

The MIT News website reported that MIT’s initiative that brings together problem-solvers of all stripes to tackle the world’s pressing problems — has four new global challenges for 2017: brain health; sustainable urban communities; women and technology; and youth, skills, and the workforce of the

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GE Innovation Lab: FirstBuild

GE Innovation Lab: FirstBuild

By • on September 2, 2017

The Harvard Business Review website noted that large traditional organizations now struggling to adapt to the fast-paced, risk-filled digital age would do well to consider FirstBuild, an experiment at GE Appliances that is showing real promise. FirstBuild is an open community of industrial designers,

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How to Find New Ideas Inside and Outside the Company

How to Find New Ideas Inside and Outside the Company

By • on August 15, 2017

The Harvard Business Review website reported on a new study which noted that many companies are encouraging employees to scout for new ideas among external partners, such as universities, research institutes, competitors, and customers. Much research suggests that exposing employees to a broad range

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Fazer Seeks to Build Innovation Ecosystem

Fazer Seeks to Build Innovation Ecosystem

By • on August 9, 2017

The FoodIngrediantsFirst website reported that Fazer, a large Finnish food industry company, is working to build an innovation ecosystem in the food industry. “A more open and collaborative innovation approach can produce cross-disciplinary new growth opportunities for the entire food industry.

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Japan Plans to Create Fintech Hub

Japan Plans to Create Fintech Hub

By • on July 31, 2017

An article on the Crowdfund Insider website noted that it is fair to say that over the past couple years, Fintech has taken the financial industry by storm; however, Japan has been a bit reluctant. But now, Japan is beginning to show a bit more belief in Fintech. In May 2017, the commissioner of the

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Japanese Chemical Firms to Collaborate

Japanese Chemical Firms to Collaborate

By • on July 25, 2017

The Rubber News website reported that Japan’s National Institute for Materials Science has joined forces with chemical makers Mitsui Chemical Corp., Sumitomo Chemical Co., Asahi Kasei Corp. and Mitsui Chemicals Inc. to work on a materials open platform. The companies issued a joint statement, saying

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Connect and Compete Through Open Innovation

Connect and Compete Through Open Innovation

By • on July 20, 2017

The MDDI website noted that open innovation has become a mainstream practice for most technology-driven companies looking to accelerate time to market and stay ahead of the competition; and added if you are a medical technology manufacturer considering open innovation as a strategy within your innovation

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Companies Adopting Open Innovation Models

Companies Adopting Open Innovation Models

By • on July 19, 2017

The IT Online website reported on a new PwC survey of over 1,200 global executives and business leaders. The aim of the study was to understand how these business leaders view innovation and what they are doing to better reap its rewards. The study found that companies are embracing open innovation models:

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