Section » In Practice
How Do Leaders Embrace Stakeholder Engagement for Sustainability-Oriented Innovation?
A chapter in the book New Leadership in Strategy and Communication demonstrates how open innovation can be applied to sustainability contexts: “In this chapter we specifically address the leadership challenges encountered in accessing the wide variety of knowledge from multiple external stakeholders. First, we demonstrate that implementing open
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Census Open Innovation Labs is Hiring for a Full-Stack Engineer
The Technical.ly website reported that The U.S. Census Bureau’s “startup-like team” specifically focuses on open innovation government projects. Census Open Innovation Labs (COIL) at the U.S. Census Bureau is hiring a full-stack engineer. COIL is comprised of a “startup-like team”
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Sandbox Initiative: Central Bank of Brazil
The Central Banking website reported that Lift is unlike other regulatory sandboxes in that it does not waive regulatory rules. Lift also differs in the types of firms it targets. At Lift, the submissions are all at an early stage and the purpose is to help participants reach a prototype stage through
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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
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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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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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Technology Transformation in Wholesale Banking
The Bobsguide website interviewed Société Générale’s (SocGen) head of innovation for the UK, Anthony Woolley. “We have traditionally had relationships with big third party companies usually on large scale projects. We’ve explicitly in the last few years started to drive an open innovation
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APAC Enterprises Embrace Open Innovation To Accelerate Business Outcomes
The Moneycontrol News site reported that Red Hat, a provider of open source solutions, announced that more enterprises in Asia Pacific are keen to embrace open innovation to accelerate business outcomes. This is indicated by the number of enterprises in Australia, Hong Kong, India, Indonesia, Japan and
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Applying Open Innovation Strategies in Regional Innovation Ecosystems
The Science Direct site posted a study which noted that open innovation strategies in large firms have been changing considerably during the last 15 years. Some multinationals are now taking a long-term, strategic approach to open innovation, thereby actively developing a regionally bounded innovation
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