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Large Corporates Embark on Business Transformation through Singapore’s National Digital Innovation Platform
The Business Times reported that helping large companies find the right technology providers is a specialty of the Infocomm Media Development Authority (IMDA)’s Open Innovation Platform (OIP). The OIP provides businesses with structured, high-touch and end-to-end support. Launched in 2018, the OIP has grown to a pool of more than 11,000 solution providers
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The Changing Landscape of Retail Banking and the Future of Digital Banking
The Springer website reported a study which noted that banking is shifting significantly from a pipeline, i.e., vertical paradigm, to open banking where open innovation, modularity, and ecosystem-based banking business models become the new paradigm to follow and exploit. Through open innovation, banks
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Tyson Ventures Launches First Open Innovation Call for Sustainability Solutions
The Tyson Foods website announced its first ever pitch event for sustainability entrepreneurs and startups. Tyson “Demo Day” will be held virtually on July 11, 2022, and selected participants will be invited to demonstrate how their solutions could help create a more sustainable food system. The
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Chinese Tech Giants Strive to Achieve Carbon Neutrality
The China Daily website reported that Tencent, the world’s largest video game vendor, announced its plan to achieve carbon neutrality in its operations and supply chain by no later than 2030, committing to using green power for 100 percent of all electricity consumed by 2030. More tech companies
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India Focuses on Open Innovation
The Art Valley website reported that India has been at the forefront of digitization and innovations across diverse fields. The Indian state of Andhra Pradesh has been in the news for the past few years for adopting Open Innovation initiatives. It set up its first ever open innovation center with focus
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Is Farming Technology Innovation Locus Dependent?: Making of an Agricultural FabLab
The Hal website posted an article which noted that innovation has multiple targets – products, production processes, marketing, stakeholders’ organizations, etc. – whose nature depends upon the socio-technical framework that orients the match between inventions and market. Amid the wealth of options
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The Innovation Revolution: From Closed to Open Innovation
In the book Graphene the author Baker James writes: “In 2014, I found myself at the heart of an amazing team of people based at The University of Manchester who were determined to make graphene, the world’s first two-dimensional material, a commercialization success story. I was able to draw
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EarlyBirds Is Helping Organizations Build a Sustainability Strategy to Join the Circular Economy
Yahoo! Finance reported that EarlyBirds, an open innovation ecosystem platform, is offering organizations around the world who want to participate in the Circular Economy (a way to rethink, redesign and reconceptualize economies to better address human needs) the opportunity to network with startups
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‘Sixth Sense’ Takes Startups’ Advanced Tech and Products from Minimum Viable Product to Commercialization
Quality Digest reported that the open innovation platform Sixth Sense brings together startups and industry-leading companies to create transformative solutions that benefit everyone. It promotes sharing resources, data, and ideas to fast-track progress and solve real-world problems that address some
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Hyundai Motor Group Recruiting Startups for 2022 ZER01NE Accelerator
The Newsmarket website reported that Hyundai Motor Group announced its 2022 first half ZER01NE Accelerator program, an open innovation platform to facilitate collaboration between startups and Hyundai Motor Company and Kia Corporation on various projects. This program aims to discover valuable startups
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