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Effect of Distance on Open Innovation
The MDPI website posted a study which examined the effects of distance between technology and the market, on open innovation. The first result was that there were differences in the distance and OI among Fortune 500 firms, Fortune non-500 firms, laboratories, universities, and start-ups. Thus, there are relations between the distance between technology
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The Inverted U-Curve of Open Innovation
MDPI posted a study on the relationship between open innovation and firm performance. This study revealed several pieces of evidence about the various complex relationships between open innovation and business performance, from a game of life simulation, mathematical modeling and simulation, an aircraft
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Open Innovation 2.0 Conference
The European Data Portal website reported that an Open Innovation 2.0 Conference was held on June 13-15 in Cluj-Napoca, Romania. The conference brought together innovation experts, policy-makers, academic scholars, practitioners and interested individuals dealing with innovation and entrepreneurship.
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Open Innovation Takes Centerstage at TechInnovation
The Independent website reported that TechInnovation, Singapore’s annual industry-technology matching event, to be held in September 19 to 20, will bring together leading international speakers, industry experts, researchers, tech seekers and investors for two days of sharing and collaborating. “TechInnovation
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How to Find New Ideas Inside and Outside the Company
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
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What C-suites Want From Thought Leadership
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
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?
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
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
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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