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User-Driven Innovation
The DT News website noted that innovation with users is a key feature of sustainable firms that are keen to add-value and access new markets. Innovation driven by insight from users and customers helps firms and public sector to devise sound products that meets users’ needs. The pioneering work of MIT professor Eric von Hippel, Democratizing Innovation,
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Are You Open to Open Innovation?
The MDDI website reported that Pfizer and the Institute of Pediatric Innovation organized an open innovation (OI) competition in hopes of addressing an ongoing challenge: administer multiparticulate medicines to children more easily. HS Design, a design firm specializing in medical devices and life sciences,
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Program Brings Digital Solutions To Market
The E&P website noted that for many organizations the imperatives are to keep increasing efficiency and revenues, and suppliers and customers expect a company to have digital interfaces implemented into their operations. In this rapidly changing landscape, and faced with these imperatives, companies
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What Does Open Innovation Mean?
An article in the International Journal of Information Management noted that since the first appearance of ‘open innovation’ as a theoretical concept in 2003, the debates on its essence still continue among academics, while its interpretations within the business community also seem to differ from
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Nottingham BRC Signs for Open Innovation Platform
The Labmate website reported that leading research teams at the NIHR Nottingham Biomedical Research Centre are to collaborate over the next two years with their counterparts in the IMED Biotech Unit at global biopharmaceutical company, Astra Zeneca. Nottingham is the first NIHR Biomedical Research
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Collaborative Workshop Between Client and Agency for Open Innovation
The Journal of Open Innovation posted an article which researched the following questions: How the client and agency as collaborative partner can co-create innovation? How the collaborative workshop can influence the open innovation? What is the purpose of collaborative workshop? What is the process
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Mark Samuels on Open Innovation in Pharma
The Pharma Times Online website posted an interview with Mark Samuels, chief business and strategy officer of the new Medicines Discovery Catapult, on the role of open innovation in big pharma: “I think collaborative research is increasingly important. Benefits of open innovation include access
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Rambus, IBM to Develop Hybrid Memory System Architectures
The Businesswire website reported that Rambus Inc. is collaborating with IBM to research hybrid memory systems. Rambus will leverage IBM’s POWER9 processor and its OpenCAPI high performance interface to build a Hybrid Memory and development subsystem prototype. “IBM is excited to collaborate with
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Open Innovation and SMEs Performance in Oil and Gas Industry
The South African Journal of Economic and Management Sciences posted an article which seeks to identify the factors of inbound open innovation and whether these factors influence the financial performance of small and medium-sized enterprises in the Nigerian oil and gas industry. The results show
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Hitachi Invests in Venture Capital Fund to Accelerate Open Innovation
The Asia One website reported that Hitachi has agreed to invest in a fund managed by Geodesic Capital, a venture capital company active mainly in Silicon Valley. By investing in this fund, Hitachi will help to accelerate open innovation with startup companies in Silicon Valley using Geodesic Capital’s
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