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When Sharing is Caring and Also Profiting: Open innovation
The Sentinel website reported that while the benefits of open innovation are evident – mainly, reducing cost levels of ongoing innovation and enhanced process improvement via collaboration, mergers, spin-offs, accessing new products and markets, and building the knowledge infrastructure, among other pros- equally, there are risks such as conflicts
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Seoul Operating the “Seoul Tech Pavilion” at CES 2023
PR Newswire reported that at the 2023 Consumer Electronics Show the Seoul Business Agency plans to showcase the Seoul Tech Pavilion’s innovative technology in the fields of ‘Mobility and ESG’ through open innovation in connection with major companies. An open innovation program (the
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How Fintech Galaxy Paves the Way for Open Finance in the Middle East
The CairoScene website reported that Fintech Galaxy, an open innovation platform based in the UAE, has been disrupting the region’s financial landscape since it was founded in 2018. With the goal of democratizing financial services, Fintech Galaxy’s open application programming interface (API) infrastructure
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The Ecosystem: EU Chips Act starts to shape innovation landscape
The Science/Business website reported that with legislative work on the EU Chips Act making slow but steady progress, research organizations are starting to come forward with projects that meet its goal of developing the European ecosystem for semiconductor start-ups and scale-ups. The goal is to foster
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Open Innovation is a Core Component of GIANT’s Identity
GIANT is an alliance of eight French companies who are forging new links between higher education, research and industry. The GIANT alliance’s strategy is founded on longstanding partnerships between its eight founding members and with external partners in France and around the world. These multi-talented
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What Are The Emerging Models Of Corporate Innovation?
The Forbes Magazine website listed the top models of corporate innovation; open innovation was first on their list. The article went on to describe open innovation. The open innovation model emphasizes collaboration and partnerships with external stakeholders such as customers, suppliers, and even competitors.
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Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
TechTrendsKE reported that ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the Visa Everywhere Initiative (VEI) – a global open innovation program and competition for startups and fintech companies. Taking
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Cadence Wins Six 2022 TSMC Open Innovation Platform Partner of the Year Awards
Business Wire reported that Cadence Design Systems has won six Open Innovation Platform Partner of the Year awards from Taiwan Semiconductor Manufacturing Company (TSMC) for its Electronic Design Administration, intellectual property and cloud solutions. Cadence was presented with awards for the joint
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100 Companies From Around the World Named Winners in the 2022 Corporate Startup Stars Awards
The International Chamber of Commerce (ICC) website reported that at the prestigious Corporate Startup Stars awards ceremony in London a position paper on “Gold Standards for the World’s Companies to Incorporate
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3 Lessons From Digital Natives to Boost Companies’ Transformation Journeys
The VentureBeat website reported that digital natives take advantage of open innovation to drive better outcomes. According to recent research by the IBM Institute for Business Value, organizations embracing open innovation have a 59% higher rate of revenue growth compared to those that don’t. A culture
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