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The State of Open Innovation 2018

The State of Open Innovation 2018

By • on October 12, 2018

The Luminary Labs website reported  on the release of its landmark new study, “The State of Open Innovation.” Luminary Labs surveyed nearly 100 private sector, government, and nonprofit organizations which shared how they are using open innovation in pursuit of new approaches to complex problems. This report offers cross-sector insights

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Bridging Minds And Building Networks

Bridging Minds And Building Networks

By • on October 2, 2018

The Asian Scientist website noted that innovation does not happen overnight—it takes a convergence of talent and resources to pull off, and not every company can afford to carry out research and development (R&D) on its own. This is where open innovation can help businesses improve their productivity

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Open Innovation and Social Big Data for Sustainability

Open Innovation and Social Big Data for Sustainability

By • on September 28, 2018

The Sustainability website posted  an article which aims to contribute to the debate on Open Innovation in the age of Big Data by shedding new light on the role that social networks can play as enabling platforms for tourists’ involvement and sources for the creation and management of valuable knowledge

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Open Innovation: The Strongest Catalyzing Force in Healthcare

Open Innovation: The Strongest Catalyzing Force in Healthcare

By • on September 25, 2018

The InVenture website reported that Open Innovation, the power of collaboration between startups and larger organizations, will be a key theme at this year’s Health.Pioneers conference in Vienna on October 10. With Open Innovation at the heart of the event’s philosophy, Health.Pioneers is bringing

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Openness and Innovativeness Across the Value Chain

Openness and Innovativeness Across the Value Chain

By • on September 21, 2018

The Leiden University website posted a study 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 their innovation potential.

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How Suppliers & Foundries Can Advance Technology Together

How Suppliers & Foundries Can Advance Technology Together

By • on September 13, 2018

The Foundry Planet website noted that by opening their innovation processes to their customers and suppliers as well as to start-ups and research institutes, companies are able to gain faster access to user requirements, expert knowhow and new technologies. In 2016, the management consultancy Staufen

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8 Open Innovation Prize Recipients: Where They Are Now

8 Open Innovation Prize Recipients: Where They Are Now

By • on September 5, 2018

The Luminary Labs website noted that while the explicit purpose of an open innovation competition is to surface a winner, success can extend far beyond the timeline of the challenge. After conducting a survey of prize recipients, we have found that almost all (92%) of teams continued developing their

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Value creation and Value Capture in Open Innovation

Value creation and Value Capture in Open Innovation

By • on September 4, 2018

The Journal of Product Information Management posted an abstract of a forthcoming article which noted that prior research on open innovation has mainly focused on collaborative inventing. However, understanding the processes and outcomes of joint inventing is not sufficient for understanding sustained

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Effects of Collaboration Breadth and Depth on Innovation Performance

Effects of Collaboration Breadth and Depth on Innovation Performance

By • on August 29, 2018

The Science Direct website posted a study which investigates the effect of collaboration breadth  and collaboration depth on the incremental innovation performance of innovation projects. The analyses reveal inverted U-shaped relationships between collaboration breadth and innovation performance

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Societal Trust and Open Innovation

Societal Trust and Open Innovation

By • on August 23, 2018

The Science Direct website posted a study which investigates whether societal trust—a key aspect of informal cultural norms—serves as an effective mechanism in improving relational governance among partners, thereby leading to better collaborative outcomes. The study shows that firms in high trust

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