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A New Approach to New Products

A New Approach to New Products

By • on September 28, 2016

A feature article on the Wall Street Journal website noted that using a concept known as open innovation, companies are learning how to quickly harvest loads of ideas for new products from business partners, suppliers, consumers and their own employees outside of their R&D staffs. At the same time, they’re shrinking the time needed to create prototypes

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Open Innovation in Pharma & Biotec

Open Innovation in Pharma & Biotec

By • on September 27, 2016

The Fleming website announced that the 4th Annual Conference on Open Innovation in Pharma & Biotec will be held Nov. 17-18 in Vienna, Austria. The call to the conference noted that recent analysis of the current state of open innovation in Pharma & Biotech has revealed a higher successrate for

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Setting the Gears of Innovation in Motion

Setting the Gears of Innovation in Motion

By • on September 25, 2016

The Business Times website reported on a conference where the Research Director at Johnson & Johnson, Dr Loy Chong Jin shared how creating a collaborative business ecosystem using external innovation helped to accelerate new business opportunities. “It is all about relationship-building,” he

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3rd Annual World Open Innovation Conference

3rd Annual World Open Innovation Conference

By • on September 21, 2016

The WOIC website reported that the Garwood Center for Corporate Innovation, Haas School of Business, University of California, Berkeley, with the support of ESADE Business School,  Ramon Llull University, Barcelona and R&D Management have announced the 3rd Annual World Open Innovation Conference:

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China’s Next Strategic Advantage: Innovation.

China’s Next Strategic Advantage: Innovation.

By • on September 18, 2016

The Intheblack website reported that many people talk of China’s economic and industrial development as following roughly the same path as Japan and South Korea on a much larger scale. However, a key difference is open innovation, where businesses take a highly collaborative approach. China has worked

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An Open Innovation Model for Wholesale Distributors

An Open Innovation Model for Wholesale Distributors

By • on September 16, 2016

The National Association of Wholesale Distributors website proposed that the top executives in wholesale distribution need to set up their organizations around innovation and establish appropriate processes and metrics to integrate innovation into the fabric of corporate culture and to build enterprise

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New Open Innovation Event Will Shape Agri-food Industry

New Open Innovation Event Will Shape Agri-food Industry

By • on September 14, 2016

The FarmingUK website reported that open discussion and innovative thinking are the key to shaping a viable food and farming industry, and a new annual event aims to facilitate just that. Drawing on successful approaches in other industries, the Rothamsted Open Innovation Forum will bring together leading

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What Kind of Innovations Do We Need to Secure Our Future?

What Kind of Innovations Do We Need to Secure Our Future?

By • on September 12, 2016

The Journal of Open Innovation published a research study which concluded that the answer to the question of what kind of innovations we need to secure our future would be that open innovations would be what is most desired. Yet, as has also been discussed at length in the present paper, an open arrangement

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Bayer supports ‘Digital Health startups’

Bayer supports ‘Digital Health startups’

By • on September 10, 2016

The DW website noted that more and more big firms are bringing young talent in-house in the hope that they will bring fresh ideas along with them and infuse new vigor into their companies. German pharma giant Bayer is also following this trend. A Bayer’s board member noted that it’s beneficial

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Companies Waking Up To Business Model Innovation

Companies Waking Up To Business Model Innovation

By • on September 8, 2016

The Strategyzer website posted an article which noted that 16 years since the release of the Business Model Canvas, companies are slowly waking up the importance of business model innovation. Business Model Canvas author Alex Osterwalder reflects on the journey and offers concrete advice for what companies

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