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BAE: A Radically Different Way For Defense Innovation

BAE: A Radically Different Way For Defense Innovation

By • on April 15, 2019

The Forbes website reported that BAE Systems, the U.S. arm of Britain’s biggest aerospace and defense conglomerate, has created an organization within its Electronic Systems unit called FAST Labs that combines funding from federal research centers with venture capital and commercial technology incubators to greatly accelerate the velocity of innovation.

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How to Stay Agile in a Fast Changing World

How to Stay Agile in a Fast Changing World

By • on April 9, 2019

The YourStory website noted that with companies going digital, they are able to directly connect with customers and engage with them to co-develop products, understand their challenges, and get new ideas going using crowdsourcing, open innovation, and communities. The close engagement with customers

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Japan to Form 40-Company Alliance for Open Innovation

Japan to Form 40-Company Alliance for Open Innovation

By • on April 8, 2019

The Asian Review website reported that Toyota Motors and about 40 other leading Japanese companies will create a framework for sharing technologies and business ideas to spur innovation, joining a growing global trend for collaborative development. Japanese companies have traditionally taken a go-it-alone

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Debunking the Myths of Open Innovation

Debunking the Myths of Open Innovation

By • on April 4, 2019

The IPI website noted that the barriers to open innovation are lower than you think. We’re here to debunk some of these myths surrounding OI and highlight how an OI approach to business growth is more accessible and implementable than you think. Myth #1: A small company can’t reap the benefits

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Building an Ecosystem of Partners

Building an Ecosystem of Partners

By • on March 31, 2019

The Engineer website posted a article which noted that a successful future means integrating with partners in a collaborative ecosystem. Industrial businesses understand this and we have seen more and more collaboration with new partners, including start-ups. But the results often disappoint. A better

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Explorer Challenge To Predict Next Big Mineral Deposit in South Australia

Explorer Challenge To Predict Next Big Mineral Deposit in South Australia

By • on March 21, 2019

The Mining.com website reported that energy and resources open innovation platform Unearthed joined forces with Adelaide-based OZ Minerals to launch the Explorer Challenge, a competition that brings together data scientists, geoscientists and mining professionals to create machine learning-based mining

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NASA and Harvard Agree: ‘Think Different’

NASA and Harvard Agree: ‘Think Different’

By • on March 15, 2019

The Innovation and Tech Today website reported that to NASA, Harvard, and a myriad of other successful organizations, thinking different often means leveraging the efforts and ideas of outsiders or “non-traditional participants.” NASA stories of “Open Innovation” have been researched — and

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When Biz Model Innovation Comes Full Circle

When Biz Model Innovation Comes Full Circle

By • on March 11, 2019

The China Daily website noted that China’s creation of some of the world’s best-known tech-world abbreviations like BAT –  short for Baidu, Alibaba and Tencent – can be pinned to the power of the internet. BAT have overhauled traditional commercial business models by expanding

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CHAMP Cargosystems Joins Luxembourg Open Innovation Club

CHAMP Cargosystems Joins Luxembourg Open Innovation Club

By • on March 6, 2019

The AJOT website reported that CHAMP Cargosystems, a global leader of IT solutions to the air cargo industry, has joined the Luxembourg Open Innovation Club (LOIC). CHAMP aims to share and exchange its industry knowledge and expertise to assist the group’s mission to support corporate innovation.

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Solve Launches 2019 Global Challenges

Solve Launches 2019 Global Challenges

By • on March 4, 2019

The MIT News website reported that MIT Solve Executive Director Alex Amouyel announced the launch of Solve’s newest set of global challenges: Circular Economy, Community-Driven Innovation, Early Childhood Development, and Healthy Cities. “Through open innovation, we find the most promising tech-based

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