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Why, How and Where Energy Companies Should Work with Start-ups
The Renewables Now website posted an article which explores the philosophy of open innovation that underpins good collaboration, as well as the why, how and where of how to make a success of energy company/start-up collaborations. One of the risks we are seeing is that companies fear they won’t be seen as cutting-edge if they don’t work with start-ups
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Merck Opens Application Phase for the 3rd Merck Accelerator China to Startups for Open Innovation
The Korea IT Times website reported that Merck has opened the first session for 2020 of applications for startup companies to participate in the global Merck Accelerator China program. Startups will cooperate with Merck experts at the company’s China Innovation Hub in Shanghai and sites in Guangdong,
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Synced Machine Intelligence Awards Recognize Innovation by 50 Chinese Industry Leaders
The Synced Review website in a review of leading Chinese companies noted that Mininglamp Technology Group is China’s leading one-stop enterprise-level artificial intelligence products and service platform. In August 2019, the Ministry of Science and Technology of China announced a plan to build the
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How to Tackle Innovation in Pharma Head On
The Pharmaceutical Manufacturer website reported that the pharma industry is pushing forward on product innovation faster than ever before. The development of new, innovative drug formulations implies a new challenge for the supply chain, in particular pharma packaging manufacturers. To keep up the pace
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Hyundai to Establish Mobility Global Innovation Center in Singapore
The Green Car Congress website reported that Hyundai will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will become Hyundai’s global open innovation hub.
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MIT Solve Seeking Tech Innovations for Slowing & Tracking Emerging Pandemics
The Tech City website reported that MIT Solve is seeking tech innovations that can slow and track the spread of an emerging outbreak of a pandemic, for example by improving individual hygiene, developing low-cost rapid diagnostics, analyzing data that informs decision making, and providing tools that
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Ford Collaborates with 3M, GE, UAW to Speed Production of Respirators for Healthcare Workers, Ventilators for Coronavirus Patients
The Yet2 website reported that Ford Motor Company is joining forces with firms including 3M, GE Healthcare, and the UAW to lend manufacturing and engineering expertise to quickly expand production of urgently needed medical equipment and supplies for healthcare workers, first responders and patients
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The Interplay between Open Innovation and Lean Startup
Henry Chesbrough and Christopher Tucci posted a paper on the Leeds Faculty website which considers the contribution of Lean Startup to the lack of practical advice for employing Inside-out knowledge flows in open innovation. Lean Startup offers a series of practical steps for exploring—and validating—potential
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Customer Knowledge Management, Inbound Open Innovation and Firm Performance
The IOS Press website noted that open innovation is one of the most effective ways to innovate and gain a competitiveness of enterprises, and customer knowledge stands as the cornerstone in all the external sources of innovation. As a result, the management of customer knowledge is critical for the implementation
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The State of Open Innovation
The Wall Street Journal website posted a review Henry Chesbrough’s new book, “Open Innovation Results: Going Beyond the Hype and Getting Down to Business.” On the current state of open innovation, Mr. Chesbrough sees a mixed picture. Open innovation has increased exponentially, but
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