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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 of OI.Myth #2: Oi costs too much. Myth #3: Intellectual

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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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Advancing Biological  Research Through Open Innovation Competitions

Advancing Biological Research Through Open Innovation Competitions

By • on March 26, 2019

The Harvard Business School website posted an article which noted that researchers use open innovation competitions to benchmark their solutions to a particular computational problem, or to generalize their methodologies to instances of the problem for which a solution is unknown. Past examples demonstrate

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Investigating Open Government for Social Innovation

Investigating Open Government for Social Innovation

By • on March 22, 2019

The R&D Management journal posted an article which noted that in recent years, public sector organizations have increasingly focused on citizen contribution by adopting instruments known from open innovation. A more open approach to innovation has become dominant in innovation management during

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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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An End to In-House Innovation

An End to In-House Innovation

By • on March 20, 2019

The Times of Israel website noted that the factors that lead to the growth of this new approach [open innovation] include: the increasing availability and mobility of experts in the field of innovation; the increasing availability of capital; more opportunities for realizing the potential of innovation;

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Open Innovation in Small Towns and Rural Areas

Open Innovation in Small Towns and Rural Areas

By • on March 19, 2019

The Wiley Online Library website posted an article which noted that a growing body of work shows that innovation occurs in peripheral regions and small towns in addition to cities.. Furthermore, work on rural social networks shows that diversity is multidimensional, and that along certain dimensions

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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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Creativity and Stakeholders’ Engagement in Open Innovation

Creativity and Stakeholders’ Engagement in Open Innovation

By • on March 14, 2019

The Journal of Business Research posted a paper which investigates the role of design as a knowledge translation mechanism for social creativity in technology-intensive enterprises’ open innovation practices. The focus is on how design can be used to connect and combine the contribution of creativity

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Open for Innovation: Why Engaged Firms Are More Creative

Open for Innovation: Why Engaged Firms Are More Creative

By • on March 13, 2019

The Bertelsmann Stiftung website posted a report which discussed how soft knowledge flows from businesses’ corporate citizenship activities can enrich the hard business of innovation. Beyond conventional Open Innovation (OI) partnerships with startups, suppliers or universities, business-civil society

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