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GE Innovation Lab: FirstBuild

GE Innovation Lab: FirstBuild

By • on September 2, 2017

The Harvard Business Review website noted that large traditional organizations now struggling to adapt to the fast-paced, risk-filled digital age would do well to consider FirstBuild, an experiment at GE Appliances that is showing real promise. FirstBuild is an open community of industrial designers, scientists, engineers, students, and amateur tinkerers

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The Concept of Open Access

The Concept of Open Access

By • on August 31, 2017

The Times Higher Education website noted that openness should be the defining characteristic for collaboration in the 21st century, and the values and practices underlying successful business-university-government collaboration should be shot through with collaborative principles. “Open innovation”

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How to Find New Ideas Inside and Outside the Company

How to Find New Ideas Inside and Outside the Company

By • on August 15, 2017

The Harvard Business Review website reported on a new study which noted that many companies are encouraging employees to scout for new ideas among external partners, such as universities, research institutes, competitors, and customers. Much research suggests that exposing employees to a broad range

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Crowdsourcing Content Shifts to Open Innovation in Japan

Crowdsourcing Content Shifts to Open Innovation in Japan

By • on August 12, 2017

The Campaign website reported that “Open innovation” is the buzzword of the moment in Japan, with a number of large, well-established companies looking to become more agile and bring outside intelligence into their organizations. But while the term may be fashionable,  relatively few firms fully

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What C-suites Want From Thought Leadership

What C-suites Want From Thought Leadership

By • on August 11, 2017

The Campaign website reported on a comprehensive new study by Forbes and KPMG. One of the key findings was the importance of “smart sharing”: The overabundance of data and the ability to share it across networks provides access to useful and often critical information. These networks extend

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Fazer Seeks to Build Innovation Ecosystem

Fazer Seeks to Build Innovation Ecosystem

By • on August 9, 2017

The FoodIngrediantsFirst website reported that Fazer, a large Finnish food industry company, is working to build an innovation ecosystem in the food industry. “A more open and collaborative innovation approach can produce cross-disciplinary new growth opportunities for the entire food industry.

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Complementing Open Innovation Practices in Multinational Corporations

Complementing Open Innovation Practices in Multinational Corporations

By • on August 2, 2017

The Research Platform Alexandria website posted a research paper which argued that open innovation (OI) so far has mainly been understood as a process involving firm external partners. In this paper, we argue that such a focus limits our understanding of how multinational corporations (MNC) profit from

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Using Open Data to Boost Public Sector Innovation

Using Open Data to Boost Public Sector Innovation

By • on August 1, 2017

The Diginomica website noted that the clamor for digital transformation means executives in both the public and private sectors are encouraged to use creative methods, such as hackathons and cross-organization partnerships, to foster innovation. The city of Camden recently launched an open data challenge

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Japan Plans to Create Fintech Hub

Japan Plans to Create Fintech Hub

By • on July 31, 2017

An article on the Crowdfund Insider website noted that it is fair to say that over the past couple years, Fintech has taken the financial industry by storm; however, Japan has been a bit reluctant. But now, Japan is beginning to show a bit more belief in Fintech. In May 2017, the commissioner of the

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Agritech Challenge Aimed At Inspiring Innovation In Kenya

Agritech Challenge Aimed At Inspiring Innovation In Kenya

By • on July 30, 2017

The AFKInsider website reported that the World Bank and venture capital firm Nest have announced a call for applications for the AgriTech Challenge 2017 in Kenya. The initiative is the first open innovation program of its kind in Kenya, and it is aimed at connecting promising startups and innovators

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