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Old Corporate Champions Can’t Save Japan
The East Asia Forum reported that we now live in a digital world, where the vanguards of innovation are often newer, entrepreneurial and knowledge-intensive companies. It is a world where giants regularly partner with others, including newcomers, in a process called ‘open innovation’. Pfizer’s COVID-19 vaccine was developed by a small German biotechnology
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Tackling Societal Challenges with Open Innovation
The California Management Review posted an article by Henry Chesbrough and others which noted that open innovation has to date been driven largely by business objectives, but the imperative of social challenges has turned attention to the broader set of goals to which open innovation is relevant. This
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Online International Workshop on Open Innovation
The ISTIC-UNESCO website reported that an “Online International Workshop on Open Innovation: Increasing the Competitive Advantage of a Nation” will be held online May 27-28.” It noted that in a society based on knowledge; science, technology and innovation are important factors that
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GeneratER: Open Innovation Challenge Program
The Nera website posted an Open Innovation Challenge in Australia. NERA is partnering with some of the energy industry’s leading companies who have committed to identify operational and business challenges and to work with Australian-based SMEs to pilot potential solutions. Using an open-source process
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From Closed to Open Systems: How the US Military Services Pursue Innovation
The Taylor and Francis Online website posted an article which noted that the return to strategic competition affects the US military services differently, but all are contending with the challenge of renewing their military advantage against near-peer, technologically advanced competitors. Commercially
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Launch of the Open Innovation Challenge: Greenhouses
The Yahoo Finance website reported that Cycle Momentum and Hydro-Québec launched of the Open Innovation Challenge: Greenhouses as part of Écotech Québec’s Green Economy Week. The Challenge was created to promote the development and integration of technologies designed for optimal environmental
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Airbus Announces Big Response to Innovation Call
The Australian Defence Magazine website reported that Airbus has received an ‘overwhelming level of interest’ from the local industry following the launch of a nationwide “Call for Innovation” in February seeking SMEs and academia from the Australian aerospace sector to submit proposals
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Vallourec Opens to New Horizons with its 2021 Open Innovation Challenge
The World Pipelines website reported that Vallourec, a world leader in premium tubular solutions, has launched its 2021 Open Innovation Challenge around additional levers for value creation. Open innovation has been part of the Group’s strategy for decades, since the first VAM connections were developed
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Open Innovation Management in Terms of Dynamic Markets
An article in the journal POLIT noted that introducing the open innovation management concept can qualitatively rebuild the internal systems of the company, improve the efficiency of business activities and help achieve long-term goals. The system of closed innovations represented the rejection of all
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Open Innovation Within Loughview Timber: How Knowledge Transfer Is Opening Doors to New Markets
The ARCOM Proceedings website posted a study which aims to determine the effectiveness of adopting an open innovation model in the context of SMEs. Loughview Timber, a small manufacturer based in Northern Ireland, is used as a case study. It is recommended that Loughview Timber continue to exploit the
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