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Optimal Degree of Openness in Open iInnovation
An article in the Science Direct website noted that open innovation has become an important mode for firms to improve innovation performance. If the openness is too low, it will reduce the opportunity to acquire external knowledge, while too open will increase the risk of internal knowledge leakage. Therefore, the degree of openness plays a key role
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Spotnana: Travel’s First Open Innovation Platform, Launches With $41 Million in Funding
Business Wire reported that Spotnana Technology Inc., the first technology company to build an open global innovation platform for travel has announced $41 million in funding. “Spotnana is re-envisioning the travel experience from the ground up. By applying a cloud native and open approach to
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Survival of Fittest: Open Innovation and Product Development Linkages
A conference paper at the International Conference on Human Interaction and Emerging Technologies noted that open innovation is becoming the frontline strategy to develop new products and services in most R&D based firms. This paper focuses on the strategies of the companies which protect their
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NORCAT Launches Open Innovation Platform to Connect the ‘Builders’ and ‘Buyers’ of Innovation
The Mining.com website reported that NORCAT has launched the NORCAT Open Innovation Platform – an online marketplace that enables tech companies and mining companies to work together to solve the many intractable challenges facing the global mining industry. NORCAT’s aspirational priority to be the
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Solving COVID and Climate: ‘Innovation Without Borders’
The Korea BizWire reported that The Lens has launched the Collective Action Project – a multi-year initiative to enable open innovation knowledge for solving problems together. Comprising a massive collection of over 134M global patents linked with 236M research publication records and hundreds of
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Portuguese Startup TAIKAI Snaps Up €2 Million for its Blockchain Solution for Open Innovation and Recruitment
The EU-Startups website reported that Portuguese blockchain-based open innovation platform TAIKAI has raised €2 million in a funding round which will fuel the development of hiring solutions for companies and startups. Founded in 2018, TAIKAI started as an open innovation platform, helping Portuguese
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How Firms Use Inbound Open Innovation Practices Over Time
The journal R and D Management noted that the existing research on Open Innovation documents a broad set of practices that firms may use to implement inbound Open Innovation, which entail various degrees of integration with the external partner. There is also empirical evidence showing how firms move
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How to Appropriate Value from General-Purpose Technology by Applying Open Innovation
The California Management Review noted that artificial intelligence increasingly attracts attention and investments. However, appropriating value from this general-purpose technology (GPT) can be difficult. To understand these challenges, this article analyzes why IBM failed to generate significant profits
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Synergetic Effects of Network Interconnections in the Conditions of Virtual Reality
An article in the Journal of Entrepreneurship, Management and Innovation noted that Henry Chesbrough uses the funnel to describe the innovation process, the continuous and intermittent boundaries, which clearly demonstrate the essence of yesterday and today’s foundations of open networking. According
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All-round Report on Vietnam’s Startup Ecosystem to be Unveiled
The VietnamPlus website reported that the Vietnam Open Innovation Landscape Report 2021, the most comprehensive and up-to-date overview of the local startup and innovation ecosystem so far, is set to be released in December. The report aims to give an all-round panorama of the open startup and innovation
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