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Open Innovation: New Insights and Evidence
The journal Social Policy posted a special issue on open innovation. The issue, “Open Innovation: New Insights and Evidence,” features the articles “Open Innovation, the Next Decade,” by Joel West, Ammon Salter, Wim Vanhaverbeke, Henry Chesbrough; “Managing Open Innovation Projects” by Jingshu Du, Bart Leten, Wim
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Open Innovation meets the Collaborative Economy
The P2P Foundation blog posted a call for papers on “The City as a Lab: Open Innovation meets the Collaborative Economy” for publication in the California Management Review. The blog notes that under the growing pressure on municipal infrastructure, a new breed of smart cities are looking
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Open Innovation in the 21st Century
The International Chamber of Commerce website issued a research paper which looks at the origins and evolution of open innovation, contrasting these with the traditional “closed” approach to research and development. “Open innovation is expected to become the most prevalent innovation
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Special Issue on Open Innovation
The Euroscientist website has published a special issue on Open Innovation. The issue presents a high-level perspective on the shift occuring within research that is bringing about open science and open innovation and offers recipes that can make open innovation work in an industrial setting. An example
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What Firms Can Learn From R&D About Open Innovation
The Anne ter Wal website noted that open innovation is part of a corporation’s formal strategy. In a desire to enlarge the pool of ideas that companies can use to generate new product or service offerings, managers encourage their R&D staff to go out and hunt for valuable external knowledge.
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Latest Research on R&D-Product Development Innovation
The Heraldonline website reported that the Goldense Group has announced the completion of its sixth primary research initiative on the strategies, processes, practices, and metrics used in North American R&D and Product Development Innovation. This study focused on R&D Operations, Organic
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Why It’s Time to Disrupt Old Business Models
An article on the GreenBiz website notes that it’s a hard sell to convince a CEO to change a business model based on threats or opportunities that have not yet materialized. Innovation, therefore, often remains piecemeal or incremental, rather than transformational, fundamental and system-wide.
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Open Innovation: Key Competitive Factor for Banks
The Crowdsourcing.org website reports that the potential that open innovation yields for banks has been captured in a new study released by GFT, a leading international IT solutions providers to the financial sector. It’s increasingly important for financial institutions to differentiate themselves
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Role of Top Management in Open Innovation
The Innovation Management website noted that implementing open innovation requires a shift in mindset and a change in culture. It requires individuals to be open for external ideas and to share knowledge. This is not the way innovation is managed traditionally. For individuals to behave in a way that
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3 Steps to Successful Open Innovation
The Sourcewire website reported that a new study at the European School of Management and Technology Berlin (ESMT) suggests that there are three main practices businesses should undertake to enjoy the benefits of open innovation. The recent study by Linus Dahlander, Professor and KPMG Innovations
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