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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 of external partners can lead to more innovation at

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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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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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Is Open Innovation A Risk Worth Taking?

Is Open Innovation A Risk Worth Taking?

By • on July 28, 2017

The Innovation Enterprise website noted that since the term was first coined in 2003 by Henry Chesbrough in his book ‘Open Innovation: The New Imperative,’ many organizations and governments have implemented Open Innovation programs to tremendous success. Open innovation works so well because

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Companies Adopting Open Innovation Models

Companies Adopting Open Innovation Models

By • on July 19, 2017

The IT Online website reported on a new PwC survey of over 1,200 global executives and business leaders. The aim of the study was to understand how these business leaders view innovation and what they are doing to better reap its rewards. The study found that companies are embracing open innovation models:

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Re-Invent Open Innovation to Apply to Small Firms

Re-Invent Open Innovation to Apply to Small Firms

By • on July 14, 2017

The Science|Business website noted that finding good examples of open innovation in small companies is difficult. It seems it is not yet common practice and the management tools available to support collaborations have been developed to suit the needs of large companies. As a result, many SMEs are struggling

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Corporate Innovation & Business Strategies Out of Sync

Corporate Innovation & Business Strategies Out of Sync

By • on July 5, 2017

The Consultancy website reported that a new study has found that business strategy and innovation strategy are often not aligned, creating risks of lost revenue, market position and waste. The report highlights a wide range of effort may be required to create a company friendly to innovation. Open innovation

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Survey Shows Embrace of Open Innovation

Survey Shows Embrace of Open Innovation

By • on June 24, 2017

The Financial website reported on a new survey of over 1200 global executives and business leaders; the PwC Innovation Benchmark examines how top companies are meeting innovation challenges. Overall, companies are becoming more inclusive and are adopting open innovation models that bring more voices

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Report on 3rd Annual WOIC

Report on 3rd Annual WOIC

By • on June 13, 2017

TheĀ  Spring 2017 Newsletter of the Garwood Center for Corporate Innovation reported on the 3rd Annual World Open Innovation Conference (WOIC) held at the ESADE Business School in Barcelona, Spain December 15 – 16, 2016. The WOIC created an international platform for academics and industry practitioners

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Open Innovation Using Open Source Tools

Open Innovation Using Open Source Tools

By • on June 12, 2017

The Springer website posted an article, “Open innovation using open source tools: A a case study at Sony Mobile,” which noted that despite growing interest of Open Innovation (OI) in Software Engineering (SE), little is known about what triggers software organizations to adopt it and how

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