Section » Open Innovation
Private 5G: The Future of Industrial Wireless
The arXiv.org website noted that until recently, mobile/cellular technologies have been developed through closed innovation, and the stronghold of telecommunication vendors and infrastructure providers. An unprecedented development is the emerging ecosystem of open innovation around 5G hardware and software. The open innovation model for 5G is gaining
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Why Now Is the Time for “Open Innovation”
The Harvard Business Review posted a very useful article which discussed a number of challenges encountered in implementing open innovation and how they can be overcome. The article noted that while concerns over intellectual property, return on investments, and various unforeseen consequences of open
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Investing In Innovation
The Nasdaq website stated that Nasdaq’s goal is to tread a path of continuous innovation, so we’ll survive and thrive well into the future. There’s a wealth of evidence that suggests growth through innovation leads to superior performance. We work very closely together to fund strategic innovation
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Arthur D. Little Acquires Cutter Consortium and Presans to Expand Open Consulting Capabilities
The Businesswire website reported that Arthur D. Little (ADL) has acquired Cutter Consortium, a business technology research company based in the US, and Presans, a leading player in industrial open innovation based in France. “Arthur D. Little applies an ‘open consulting’ and ‘open problem solving’
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Innovation Challenges
The Oxford Research Encyclopedia posted an article which noted that starting from early 21st century, companies increasingly use open innovation challenges to generate creative solutions to business problems. This revolution in business models and management strategy reflects the evolution supported
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Rothy’s Open Innovation Coalition Leads Business Collaboration for COVID-19 Relief
The National Retail Federation reported that Rothy’s Open Innovation Coalition was developed in response to needs from the developing coronavirus and has illustrated the ability of brands to act quickly, evaluate resources and come up with solutions. Although the current concerns are health and safety,
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TAIRA, Mizuhu Bank, StarFab to Set Up Open Innovation Platform
The Digitimes website reported that Taiwan AI Robotics Accelerator (TAIRA) Japan-based Mizuhu Bank and thematic incubation service provider StarFab Accelerator have signed a Memorandum of Understanding for cooperation to set up an open accelerating platform for startup teams and businesses to develop
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Closed Against Open Innovation: A Comparison Between Apple and Xiaomi
The Springer website posted an analysis which studied trends and tendencies relative to Apple and Xiaomi, two completely different companies with completely different approaches. Apple uses an incremental innovation sales strategy, based on the billions of euros used in secret research and development.
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Finding New Solutions to Shared Challenges via National Innovation Challenges
The Asia One website posted an article which noted that companies, organisations and individuals alike are dealing with various challenges that arose from Covid-19 and the public health response, as well as the resulting economic impact. Finding solutions to these problems sometimes require the pooling
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Success Factors of Demand-Driven Open Innovation as a Policy Instrument in the Healthcare Industry
The Journal of Open Innovation posted an study which noted that according to the WHO Global Digital Health Strategy 2020–2024, we should advocate people-centered health systems, promote global collaboration and strengthen the governance of global digital health practices. Although both practice and
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