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Employee-Level Open Innovation in Emerging Markets
The Springer site posted a study which examines whether firms in an emergent market can strategically deploy the appropriate managerial resources to help their employees leverage internal and external knowledge sources into innovative output. The study’s theoretical approach highlights the microfoundations and dynamics of open innovation and,
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Trade Secrets and Trade Secret Asset Management
The JDSupra site noted that open innovation can take many forms. It can include working with universities, cooperating closely with key suppliers and vendors, collaborating with application developers, content providers, technology house and design houses, working with various communities including ‘open’
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Leveraging an Open Innovation Portal to Build an Innovation Ecosystem
The yet2 site reported that Mondeléz International, the snack food and beverage manufacturer, has two separate open innovation portals that play a key role in the company’s strategic initiative and mission to empower people to snack right. These portals also serve as vital components in the company’s
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Horizontal Open Innovation
An study on the Academy of Management site noted that a key contribution of the open innovation literature is the notion that firms need to access outside sources of ideas and complementary assets. A literature has blossomed that details a variety of open innovation modes. But emergent phenomena, including
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How to Destroy Innovation Silos
An article on the Innovation Excellence site noted that participatory innovation networks, healthcare organizations and doctors seem to shun outside ideas and collaboration and are perceived as arrogant know-it-alls, stuck in the ivory tower or healthcare city when it comes to knowing what’s best for
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Cities Can Change The Game In Brazil
An article on the Forbes site noted that in Brazil “the private sector is open to good ideas and companies present in Brazil are getting organized to integrate more efficiently with the innovation ecosystem. Open innovation is a key pillar of the ongoing digital revolution, but even outside Brazil,
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Are New Drug Development Platforms Leading Pharma Innovation?
The European Pharmaceutical Manufacturer site noted that increasingly, the business model for drug discovery and development is predicated on recouping costs barely manageable for first-world, affluent nations. In an effort to combat this trend, various stakeholders in the drug discovery ecosystem have
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Technology Transformation in Wholesale Banking
The Bobsguide website interviewed Société Générale’s (SocGen) head of innovation for the UK, Anthony Woolley. “We have traditionally had relationships with big third party companies usually on large scale projects. We’ve explicitly in the last few years started to drive an open innovation
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APAC Enterprises Embrace Open Innovation To Accelerate Business Outcomes
The Moneycontrol News site reported that Red Hat, a provider of open source solutions, announced that more enterprises in Asia Pacific are keen to embrace open innovation to accelerate business outcomes. This is indicated by the number of enterprises in Australia, Hong Kong, India, Indonesia, Japan and
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Banking on Fintech Collaboration and Partnership
The IT-Online site noted that if banks are to modernize their business models to better serve their customers and meet their high expectations for convenience and value – their operating models must change. It is not only banks’ operating models that are not adequately suited to modern demands. The
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