Open Innovation in an Emerging Economy

The Emerald website posted a summary of a new article, “Open Innovation in an Emerging Economy” which examines the performance of firms in Peru in relation to open innovation. Data were acquired through a survey of Peruvian middle and senior managers. The study found that Peruvian firms

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New Report IDs Best Practices for Open Innovation

The Yahoo Finance website reported on a new research study–Open Innovation: Enhancing Idea Generation Through Collaboration—that outlines what several leading organizations–including General Mills, British Telecom, Cisco Systems, Corning, and Amway– are doing to more effectively

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Optimal Level for Open Innovation Investment

The Wellspringworldwide website reported a recent study which measured the R&D performance from Open Innovation activities. The paper, “Towards an open R&D system”collected data on the innovation performance of 2,537 companies  that were engaged in different levels of Open Innovation practices.

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Collaboration, the Engine of Open Innovation

The World Industrial Reporter website reports that historically there is a 20% success rate for new products and services. Approximately eight of every ten products sales fail or do not provide sustainable results for the company.  As such a holistic open innovation process that includes the acquisition,

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The Chalmers Publication Library website posted an article which noted that as open innovation collaboration continues to increase in popularity among organizations, one particular issue needs to be further explored to ensure a greater chance of success – management. Opening up the borders of

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Patentless Innovation

The Social Science Research Network posted an article by Clark Asay which discusses to what extent patents actually threaten open innovation communities. Previous assessments often treat open innovation communities monolithically in terms of patent risk, but open innovation communities typically consist

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Study Shows the Link Between Collaboration & Growth

The InnovationExcellence website reported that a recent study by Andy Cosh and Joanne Jin Zhang of the UK Innovation Research centre set out to examine how companies were using open innovation. The report makes a thought-provoking comparison of the innovation styles of companies. It indicates that

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Rise of the Open Innovation Marketplace

The IdeaConnection website reported that the market for open innovation services is on the rise and spreading to more diverse sectors according to a new report. The Technology and Innovation Management Group from RWTH Aachen University in Germany has just published its latest major open innovation

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Measuring Open Innovation

The InnovationManagement website notes that thanks to a number of compelling research studies and best practice cases in open innovation (OI) carried out over the last decade, several companies nowadays  embrace and partially apply the new principles and methods OI offers. However, when managing

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