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Innovation Among Keys to Success

Innovation Among Keys to Success

By • on July 12, 2019

The Australasian site reported on a survey by Herbert Smith Freehills, a leading law firm, of clients across multiple business sectors about their experience with open innovation. The survey found that it is now the norm for clients to collaborate internally and externally on innovation projects, but that trust is a key issue, especially in the use

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Open Innovation in Banking Summit

Open Innovation in Banking Summit

By • on July 9, 2019

The Biometric Update website noted that Open Innovation has emerged as one of the most topical subjects in banking today. Open Innovation involves sharing and cooperation between companies. It is set to transform the banking of the future and aims to help the financial sector to fuel innovation through

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Establishing a Typology of Open Innovation Strategies

Establishing a Typology of Open Innovation Strategies

By • on June 27, 2019

An article in the Asia Pacific Journal of Management noted that firms use an open innovation strategy to explore external knowledge or exploit internal knowledge to benefit their product/service innovations, and thus enhance their innovation performance. However, a lack of relational mechanisms makes

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Open for Growth? Evidence on EU countries

Open for Growth? Evidence on EU countries

By • on June 26, 2019

The European Commission’s Joint Research Centre published a report which noted that the Open Innovation concept has pervaded the academic and policy debate, due to its potential to further stimulate the circulation of knowledge across business partners and institutions and, consequently, to increase

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Establishing a Typology of Open Innovation Strategies

Establishing a Typology of Open Innovation Strategies

By • on June 13, 2019

The website Springer posted a study which appeared in the Asia Pacific Journal of Management which noted that a lack of relational mechanisms makes it difficult for collaborative partners in an open innovation project to share their knowledge assets. Existing literature lacks a clear explanation of how

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An Analysis of Open Innovation Strategies in Firms in Low and Medium Technology Industries

An Analysis of Open Innovation Strategies in Firms in Low and Medium Technology Industries

By • on June 4, 2019

The IEEE Transactions website posted a study analyzes how firms in low and medium technology industries implement their OI strategy. It explores common patterns in OI strategies by considering inbound, outbound, and coupled OI practices. It also examines whether there are differences in innovation performance

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A Study of Open Innovation in the Electricity Sector

A Study of Open Innovation in the Electricity Sector

By • on June 3, 2019

The University of Mannheim website reported that an open seminar by the Mannheim Institute for Sustainable Energy Studies and the Leibniz Centre for European Economic Research will be held on June 5 on Open Innovation in the Electricity Sector. This talk focuses on current efforts by a consortium of

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Understanding the Effects of Social Capital on Social Innovation Ecosystems in Latin America

Understanding the Effects of Social Capital on Social Innovation Ecosystems in Latin America

By • on May 31, 2019

The International Review of Sociology published a study based on the analysis of two pioneering experiences tackling poverty in Latin America: Socialab (from Chile) and Compartamos con Colombia (from Colombia). Both cases are social innovation hubs that promote open innovation processes. Socialab practices

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Does Global Competition Allow Open Innovation for a Small Country?

Does Global Competition Allow Open Innovation for a Small Country?

By • on May 30, 2019

The INA-Rxiv website posted an article which noted that in facing the global competition, small countries should develop their national research and development. Open innovation aims to improve the organization ability to innovate new ideas for products and solutions through exploiting external ideas

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A Contextual Approach To Open Innovation

A Contextual Approach To Open Innovation

By • on May 22, 2019

The Inderscience Online website posted a study which develops a theoretical framework of the relationship between open innovation practices, individuals performing those practices, and context factors that enable or constrain those individuals carrying out open innovation practices. The paper reports

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