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Collaboration and Open Innovation
A statement on the Shell website said: “The global innovation footprint is large and diverse, so significant effort is needed to leverage the richness of what is available to allow for more open free-flow of ideas and technology. That is why we operate a global open innovation strategy and collaborate with our business partners, universities and
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New Report Finds Corporate R&D Budgets Increasing Amidst Pandemic
Global Newswire reported that InnoLead has released a new research report, “Retooling R&D for a New Era,” that explores emerging trends in R&D in Global 1000 companies. Among the findings the survey found that open innovation practices have moved into the mainstream. Forty-six percent
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Flipkart Signs pact with FITT for Joint Research in Social Commerce
The Economic Times reported that Walmart-owned Flipkart said it has inked an agreement with Foundation for Innovation and Technology Transfer (FITT) to collaborate in the areas of social commerce, product recommendation to resellers and consumer product exploration journey. “FITT engages with industry
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IncubateHub to Launch 9 Thematic Demand-led Accelerators
The Business Standard reported that IncubateHub has announced its plan to launch nine Thematic Demand-Led Accelerators with the strategic backing of Venture Catalysts. The company will launch specific solutions for the growing CVC market in Asia, to assist corporates in funding startups that are strategic
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London’s Transport Innovation Recognised at Start-up Awards
Cities Today reported that Transport for London was recognized at the 2021 Corporate Startup Stars Awards, receiving the Public Sector Award for Open Innovation. The awards – hosted by innovation advisory firm Mind the Bridge – are given to companies and organizations that have established
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JK Tech Sets Up a $ 100,000 Grant for Startups
The Title Press website reported that Digital and IT services firm JK Tech has established a $ 100,000 grant for startups focused on hyper-automation in healthcare / medtech, insurtech, and manufacturing, as well as retail AI / ML. The company said it intends to connect with more startups through
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Mitsubishi Electric, Global Brain Launch “ME Innovation Fund”
Business Wire reported that -Mitsubishi Electric Corporation and Global Brain Corporation have launched the ME Innovation Fund, a corporate venture capital fund targeting new businesses creation through open innovation that will invest in and partner with startups across the world. The fund will operate
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Tech Beach and Visa Partner to Aid Bahamian and Regional Startups
The Eyewitness News website reported that Tech Beach has formed a partnership with Visa that will allow startups and fintech companies in The Bahamas, and other islands throughout the region, to benefit from easier access to the financial systems, scalability, reliability and security insights Visa
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Three Startups Win First-Ever Colgate Connect Challenge
Business Wire reported that Colgate-Palmolive announced the winners of the Colgate Connect Challenge, its first-ever global pitch competition aimed at startups from around the world focused on developing world-changing products to promote healthy futures. The challenge sought to connect Colgate with
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IESE Expands Its Open Innovation Activity
The WFMZ website reported that IESE Business School –supported by Amazon Web Services, Nestlé, MediaMarkt, Fnac, Kapita, and more– is expanding its global activity in open innovation and corporate venturing. According to a recent IESE article in Harvard Business Review: although the collaboration
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