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The Innovation Revolution: From Closed to Open Innovation
In the book Graphene the author Baker James writes: “In 2014, I found myself at the heart of an amazing team of people based at The University of Manchester who were determined to make graphene, the world’s first two-dimensional material, a commercialization success story. I was able to draw deep on my own experience from industry and decided
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Developing an Open Innovation Attitude Assessment Framework for Organizations
The MDPI website posted an article which noted that from an organizational perspective, open innovation (OI) capability assessments are becoming increasingly important. The authors propose that an organization’s attitude toward interactive OI activities among OI stakeholders can reveal its degree of
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New Report Finds Corporate R&D Budgets Increasing Amidst Pandemic
Global Newswire reported that InnoLead has released a new research report, “Retooling R&D for a New Era,” that explores emerging trends in R&D in Global 1000 companies. Among the findings the survey found that open innovation practices have moved into the mainstream. Forty-six percent
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Open Innovation Failures: Decoding What Really Matters to Chart the Future Course of Action
The University of Exeter posted a study which argued that eulogizing only the positive aspects of open innovation is insufficient to help firms and motivate future research. Therefore, we recommend increased attention to the dark side of open innovation, which includes failures that can occur at various
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Exploring the Boundaries of Open Innovation: Evidence From Social Media Mining
The Science Direct website reported on a study which aimed to explore the limits of open innovation by extracting evidence from user-generated content on Twitter using social media mining. The results revealed that, in the tweets dataset, there were eight topics. Of these topics, two contained tweets
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Broadband Connectivity, Government Policies, and Open Innovation
The Journal of Open Innovation noted that broadband connectivity is now essential to ensure a competitive advantage for any business. The analysis of Scotland’s crucial IT infrastructure contribution supported the authors’ thesis that the Government plays a decisive role in Open Innovation ecosystems.
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Here’s What Corporate Innovators Plan to Spend Their Money on in 2022
The Sifted website reported that one of the best parts of the annual Corporate Startup Stars Awards is sitting down with the heads of innovation from the world’s 50 most innovative companies and asking them about their plans. It is great insight into what is and isn’t working in the world of open
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IESE Expands Its Open Innovation Activity
The WFMZ website reported that IESE Business School –supported by Amazon Web Services, Nestlé, MediaMarkt, Fnac, Kapita, and more– is expanding its global activity in open innovation and corporate venturing. According to a recent IESE article in Harvard Business Review: although the collaboration
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Advanced Technologies for Open Innovation Strategies
The Ceciis website reported that the progress in information technology has influenced the company’s strategy and the development of advanced technologies. The open innovation paradigm encourages companies to collaborate with external partners and to share ideas and technologies. The study aims to
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A Study of Specific Open Innovation Issues from Perspectives of Open Source and Resources
The MPDI website posted a study which noted that it is difficult for enterprises to adapt to the rapidly developing market demand and increasingly intense competition by relying only on internal resources to carry out innovation activities. We identify three new issues for the Cross-Functional Consortium
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