Section » Open Innovation

Prize Competitions Help Agencies Innovate

Prize Competitions Help Agencies Innovate

By • on August 24, 2016

The Meritalk website reported that the White House Office of Science and Technology Policy (OSTP) has released a report that shows that public sector prize competitions for innovative technology in the 2015 fiscal year have increased in capability and impact. “Over the past 7 years, the Obama Administration has worked to expand the use of prizes and

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Small Investment in Innovation

Small Investment in Innovation

By • on August 20, 2016

The PRNewswire website reported on a new study which showed that while the C-Suite values innovation and recognizes it as integral for the success of the organization, few companies are organized to intentionally drive innovation and allocate resources and investments in order to accelerate the creation

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Team Characteristics Beneficial for Open Innovation Projects

Team Characteristics Beneficial for Open Innovation Projects

By • on August 18, 2016

The University of Turku website posted a study which discusses the importance of creating Open Innovation (OI) teams for optimizing costs of Research and Development (R&D), dividing risks and maximizing profits. The purpose of this study is to determine team characteristics beneficial for successful

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Chesbrough One of the Biggest Star Faculty Members at Cal

Chesbrough One of the Biggest Star Faculty Members at Cal

By • on August 17, 2016

Quora, an internet website that aggregates answers to questions, posted that Henry Chesbrough, the originator of Open Innovation, has been selected as one of “the biggest star faculty members at University of California at Berkeley.”

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Why Innovation Must Come From External Sources

Why Innovation Must Come From External Sources

By • on August 16, 2016

The Marketing Mag website noted that ten years ago Open Innovation was seen as cutting edge and high risk; what’s emerged is innovation best practice that enables customer collaboration to solve business and social problems with increased speed and efficiency. Conventionally, multinationals have

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Citizen Science Can Enhance Open Innovation

Citizen Science Can Enhance Open Innovation

By • on August 15, 2016

The Conversation website noted that the time is right for citizen science to join forces with open innovation. This is a concept that describes partnering with other people and sharing ideas to come up with something new. The assumption is that more can be achieved when boundaries are lowered and resources

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How Amazon Innovates to Stay a Step Ahead

How Amazon Innovates to Stay a Step Ahead

By • on August 13, 2016

The Business.com website noted that over time, companies that fail to reinvent their business models to challenge outmoded assumptions about their businesses, renew their customer value propositions and change the competitive dynamics of their industries in their favor can quickly become vulnerable to

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Number of Countries Embracing Open Government Surges

Number of Countries Embracing Open Government Surges

By • on August 11, 2016

The FedScoop website reported that “The UN clearly sees open data and open innovation as central drivers for achievement of the 2030 Sustainable Development Goals, and is pushing hard for member states to pro-actively collaborate with citizens in the design and delivery of more personalized and

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Nokia Open Innovation Challenge

Nokia Open Innovation Challenge

By • on August 10, 2016

The Nokia Networks website announced the Nokia Open Innovation Challenge which is looking for futuristic technologies, the next big ideas and new business models in the Internet of things domain. Innovators, startups or academia from around the world can participate in this challenge and take a leap

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Network Analysis of Open Innovation

Network Analysis of Open Innovation

By • on August 9, 2016

The Sustainability Journal website published a study of open innovation which noted that the way people innovate and create new ideas and bring them to the market is undergoing a fundamental change from closed innovation to open innovation. Why and how do firms perform open innovation? Firms’ open

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