Section » Innovating Companies
Medical Forces Join to Develop Novel Antibody Treatments for Cancer
The OA Online website reported that HiFiBio Therapeutics announced the formation of Victa Biotherapeutics, a joint venture with Dr. Vikas P. Sukhatme. The new open-innovation collaboration will look to expand on the immuno-oncology research pioneered by Dr. Sukhatme. This new joint venture and licensing agreement is an initiative to deepen their
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SPARK Microsystems Wins Nokia Open Innovation Challenge
The Nasdaq website reported that SPARK Microsystems has been named the winner of the Nokia Open Innovation Challenge 2018 for developing a low-power wireless transceiver for the industrial Internet of Things. Marcus Weldon, CTO of Nokia, said, “SPARK Microsystems was selected as the winner
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Developing Sustainable and Scalable Business Models
The City University of London website noted that a significant emerging trend is the increasing adoption of a ‘portfolio’ of business models to maximize revenue generation; this study identified at least four distinctive variants. First, the market portfolio, when some firms simultaneously deploy
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Barcelona’s Open-Source Plan to Spur Soccer Innovation
The Sporttechie website reported that the Barca Innovation Hub, founded two years ago, is an ambitious branch of the giant FC Barcelona soccer organization. The BIHub innovation center has the unorthodox strategy of sharing its knowledge with the entire soccer industry, hoping to spur further innovation.
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The Impact of Alliances and Internal R&D on the Firm’s Performance
A study reported in he Brazilian Business Review investigated the role of internal and external R&D on the innovation performance of Brazilian manufacturing firms, as well as the effect of the innovation performance on the future financial performance of these companies. In Brazilian manufacturing
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INFINITI Launches Collaborative Space Dedicated to Open innovation
The Yahoo News website reported that the INFINITI Motor Company officially opened a new collaborative space in the heart of Hong Kong last month, serving as the official home for ‘INFINITI LAB’, a global accelerator designed to support startups to unlock success. INFINITI LAB hosted an intensive
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Open Innovation and Knowledge for Fostering Business Ecosystems.
The Science Direct website reported that the Journal of Innovation & Knowledge has devoted an entire issue to “Open Innovation and Knowledge for Fostering Business Ecosystems”. The purpose of this special issue is to assemble high quality papers that deepen and boost understanding the
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3 Business Models That Could Bring Million-Dollar Cures to Everyone
The Harvard Business Review website noted that product classes with fundamentally new performance profiles can’t be dropped into an existing business model and expected to work. The business model — how value is created, captured, and delivered — needs to be reinvented to support the new proposition. It’s
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Open Innovation Could Be Key Pushing Geothermal Development
An article on the ThinkGeoenergy website maintained that open innovation in geothermal might be a key driver of development going forward, noting that the level of collaboration amongst U.S. technologists is extremely low compared to other industries. More is needed to foster collaborative efforts. This
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7 Principles of Complete Co-creation
The YourStory website noted that traditional top-down business models based on knowledge dominance and mass-market approaches are under pressure from more open, collaborative models that directly and continuously involve customers. In a fast-moving global economy where customers are more digitally connected,
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